Looking Back at 2024: TaxBandits’ New Features and Upgrades

The tax season has arrived, prompting business owners, tax preparers, and service providers to start their year-end filing process with the IRS. Once again, the TaxBandits team is here to help your business prepare for a smooth tax season! 

This blog provides an overview of TaxBandits’ new solutions and enhanced features, which will streamline your filing process, saving you time and reducing costs!

Introducing Our New Solutions

TaxBandits goes beyond simply filing forms like 1099s, W-9s, W-2s, 94x, and ACA 1095 forms. This year, we have launched innovative solutions to help you manage compliance effectively.

• BOIR: Our intuitive BOIR platform simplifies compliance with the FinCEN BOI reporting requirements. Designed for businesses of all sizes, this solution ensures reporting accuracy and efficiency, making the BOI filing more straightforward and secure.

• Payroll: We have a reliable solution to simplify managing your payroll, making it easier than ever for businesses of all sizes to handle their employee payments efficiently. With our user-friendly platform, you can effortlessly manage payroll tasks, ensuring your employees are paid accurately and on time.

• EFTPS: Managing federal tax payments is now effortless with TaxBandits EFTPS solution. Make secure, seamless payments directly through our platform and stay ahead of compliance.

New Features and Enhancements for the 2024 Tax Year

TaxBandits has introduced outstanding features to enhance your tax filing experience for the 2024 tax season.

• Streamlined User Interface (UI):  Our newly designed, modern, and user-friendly interface enhances navigation, ensuring that managing your filings is simple and easy.
  
• Enhanced Bulk Upload: Importing bulk data has never been easier, thanks to several new options and enhancements designed to make the process faster and more efficient. Here’s a breakdown of how each method helps streamline your filing experience:
  
  • Standard CSV Template: Previously, we supported both the Excel and CSV templates as our standard templates. But, for this season, to make it convenient and to process the data quickly, we will be offering only the CSV template. Download Templates Now
  • Upload Your Own File: If you prefer to use your own file, you can simply upload it, map the column headers to the respective fields on the form and complete filing.
  • Copy and Paste: Allows you to import data seamlessly without the need for a CSV or Excel template. You can simply copy and paste the data directly onto our system. Currently, available only for 1099-NEC.
    
• BanditConnect (Client Management): TaxBandits’ client portal has been completely upgraded and rebranded as BanditConnect, offering a more efficient, secure, and customizable way to manage client relationships. The enhanced platform is designed to provide a seamless experience for both tax professionals and their clients, ensuring smoother communication, secure document sharing, and a personalized interface.
  • Portal Customization: You can fully customize the client portal to reflect your unique brand identity. Adding your logo and customizing the portal settings offers a more tailored experience for clients, helping build trust.
  • Email Customization: You can personalize the ‘from’ email address on emails sent to your clients using our basic and advanced customization options.
  • Secure Data Sharing: Through BanditConnect, you can share tax forms with clients for their review. Additionally, BanditConnect enables you to send or receive any other documents related to filings, such as supporting paperwork, contracts, or additional forms.
  • Built-in Messaging: The built-in messaging feature within BanditConnect allows you to communicate directly with your clients, keeping all conversations organized within the platform. Clients can message you with questions or document requests, and you can respond promptly, all while keeping the conversation secure and easily accessible.
    
• BanditCollab (Team Management): We’ve enhanced our team management feature, now called BanditCollab. With the improved Bandit Role System (BanditSolo, BanditDuo, and BanditTrio), you can customize access levels and optimize your workflow more efficiently than ever.
  • Customized Access Levels: The improved Bandit Role System allows you to define specific permissions for each team member.
  • Optimized Workflow: By customizing roles and access levels, you can ensure that your team works efficiently and effectively without overlap or confusion.
    
• BanditComplete (Postal Mail + Online Access): BanditComplete simplifies form distribution by providing secure delivery through postal mail and online access. Recipients or employees receive their forms promptly and securely, eliminating delays or lost mail. Additionally, online access allows them to retrieve forms anytime, even if the physical copy is misplaced.
  
• BanditAI: Experience quick assistance with our intelligent AI assistant, BanditAI. Answers all your filing questions and offers real-time guidance and practical solutions, ensuring your filing process is smooth and efficient.

Get Started with TaxBandits Today For a Perfect Tax Season!

With these new solutions and enhancements, TaxBandits continues to redefine tax compliance and filing. Whether you’re a tax professional, CPA, or business owner, our platform empowers you to handle filings efficiently while providing top-notch client service.

Make the upcoming tax season smoother and more efficient with TaxBandits—your trusted partner for compliance and innovation.

Start your filing with TaxBandits today and avoid the last-minute rush!