A Complete Guide to IRS Form 5498 for 2025: Everything You Need to Know
This comprehensive guide covers everything you need to know about IRS Form 5498 for 2025, including filing requirements, deadlines, and other essential details.
A Step-by-Step Guide to Reconciling Form 941 with Your Payroll Records
Learn how to reconcile Form 941 with your payroll records step-by-step. Ensure accuracy, avoid IRS penalties, and simplify your quarterly tax filing process with this easy-to-follow guide.
March 31 is Almost Here: Have You Filed Your 1099 and 1095 Forms Yet?
We’re deep into tax season, and if you’re a U.S. business owner, tax professional or insurer, the pressure is on. The March 31, 2025, deadline for filing Forms 1099 and...
What is Form 1098-F: Understanding the Purpose, Significance and Requirements
When most people think of tax forms, they picture the usual suspects—W-2s, 1099s, maybe a 941 here and there. But what about the forms that fly under the radar, like...
Big Update: U.S. Companies Are Now Exempt from BOI Reporting, New Deadlines Set for Foreign Entities
FinCEN has issued an interim final rule that completely removes the requirement for U.S. companies and individuals to report their beneficial ownership information (BOI).
A Comprehensive Guide to Form 1099-QA: Understanding Distributions from ABLE Accounts
Form 1099-QA reports distributions from ABLE accounts, which help individuals with disabilities to pay for qualified disability expenses.
Don’t Risk Penalties! E-File 1042 & 1042-S with TaxBandits Before Midnight to Ensure IRS Compliance
Withholding agents and businesses must act fast! Today, March 17th, is the deadline to file Form 1042 & 1042-S! Avoid IRS penalties by e-filing quickly and securely with TaxBandits.
TaxBandits Now Supports E-Filing of IRS Form 8027: Streamlining Tip Income Reporting
Discover how food and beverage establishments file IRS Form 8027 to correctly report tip income and allocated tips.
Withholding Agents Vs. Intermediaries: Key Differences in Form 1042-S Reporting
Form 1042-S plays a pivotal yet often overlooked role in international business transactions—serving as the critical bridge between U.S. businesses and their foreign counterparts. Whether it’s a global tech giant...