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...
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.
Form 1042-S & 1042: Everything You Need To Know
Need to know the difference between Form 1042-S and 1042? Here’s everything you need to know.
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...
Today is the ACA 1095 Recipient Copy Deadline–Ensure Your ACA Compliance Now with TaxBandits
Employers, insurers, and service providers offering health coverage must distribute copies of the ACA forms today to comply with IRS regulations.
Breaking: FinCEN Pauses Enforcement of BOI Reporting Penalties – What This Means for Your Business
With this enforcement pause, businesses have a temporary reprieve—but staying prepared is key.
5 Key Benefits That Make E-Filing the Best Choice Over Paper Filing for 1099 Forms!
Explore the comparison between traditional paper filing versus electronic filing for 1099 forms, highlighting which method is more efficient and beneficial.
What You Need to Know About Form 1099-S: A Comprehensive Guide
A detailed guide on how to file Form 1099-S online, covering the necessary steps and other requirements.
2024 ACA Filing Season is Here: Simplify Your 1095 Filing with TaxBandits
The Affordable Care Act (ACA) filing season for the 2024 tax year is upon us. As businesses and insurers gear up to meet their reporting obligations, understanding the latest requirements,...