TaxBandits | March 4, 2013 | Read time: 4 minute(s)
The IRS warns of bogus IRS emails. The following Tax Tip was posted to their site: Beware of Bogus IRS Emails The IRS receives thousands of reports every
TaxBandits | February 27, 2013 | Read time: 2 minute(s)
If you are paper filing Form 1099 & W-2, they need to be postmarked by tomorrow, February 28th. The SSA encourages all employers to E-File Form W-2. E-filing
TaxBandits | February 25, 2013 | Read time: 3 minute(s)
Form 1099-INT, Interest Income, is a yearly tax statement provided by payers of interest income that summarizes income of more than $10 from interest along with associated expenses.
TaxBandits | February 22, 2013 | Read time: 3 minute(s)
Form 1099-DIV, Dividends and Distributions, is a yearly tax statement provided to investors by by banks and other financial institutions to report dividends and other distributions to taxpayers
TaxBandits | February 20, 2013 | Read time: 3 minute(s)
By now all Form 1099 and W-2’s should have been furnished to recipients. Now it is time to file them with the IRS and Social Security Administration if
TaxBandits | February 18, 2013 | Read time: 5 minute(s)
From the IRS website regarding Missing 1099: If you receive certain types of income, you may get a Form 1099 for use with your federal tax return. Form
TaxBandits | February 13, 2013 | Read time: 3 minute(s)
Form 1099-MISC, Miscellaneous Income, is used to report payments for services performed for a business by people not treated as its employees, such as payments to subcontractors, rent