Categories Posted inin Form 94x SeriesIRS Updates The IRS Released A Draft of Form 941 for Tax Year 2021What to expect for reporting in the first quarter of 2021. Posted byCharles HardyFebruary 17, 20210 Comments Continue Reading
Categories Posted inin IRS UpdatesW-2 Forms What are the Recipient Copy Requirements for Form W-2?Providing copies of Form W-2 electronically. Posted byCharles HardyJanuary 28, 20210 Comments Continue Reading
Categories Posted inin Form 1099 SeriesIRS Updates Form 1099-NEC vs. 1099-MISC for Tax Year 2020The year is wrapping up and we can’t say that we’ll be sad to see 2020 go! However, before you begin planning your virtual Christmas parties, let’s talk about your...Posted byCharles HardyDecember 3, 20200 Comments Continue Reading
Categories Posted inin ACA FormsIRS Updates The 2020 Instructions for Forms 1094-C and 1095-CHere is a guide to navigating the changes to these forms. Posted byCharles HardyNovember 13, 20200 Comments Continue Reading
Categories Posted inin IRS Updates The Latest Guidance on the Paycheck Protection ProgramHere is what small businesses seeking loan forgiveness must know. Posted byCharles HardyOctober 20, 20200 Comments Continue Reading
Categories Posted inin Form 94x SeriesIRS Updates Drafts of Form 943, 944 and 940 are Now Available with COVID-19 ChangesTo ease the stress of figuring out these new drafts, TaxBandits is breaking them down for you!Posted byCharles HardyOctober 16, 20200 Comments Continue Reading
Categories Posted inin IRS Updates The IRS Released Another Updated Draft of Form 941-XHere is the latest update from the IRS on Form 941-X, The Adjusted Employer’s Quarterly Federal Tax Return or Claim for Refund. Posted byCharles HardyOctober 9, 20200 Comments Continue Reading
Categories Posted inin IRS Updates A Closer Look at the Employee Social Security Tax DefermentHere is a quick guide to navigating this payroll tax deferral and reporting it for the 3rd quarter.Posted byCharles HardySeptember 23, 20200 Comments Continue Reading
Categories Posted inin IRS Updates What You Need To Know Before Filing for the Third QuarterYou may have heard that the IRS has released another revised draft of Form 941 for Q3. Posted byCharles HardySeptember 11, 20200 Comments Continue Reading