TaxBandits | March 20, 2014 | Read time: 3 minute(s)
Failure-To-File and Failure-To-Pay are two separate penalties the IRS can charge you with. The law provides that the IRS can assess a penalty on either or both instances,
TaxBandits | March 17, 2014 | Read time: 3 minute(s)
The Business Tax Filing deadline is Today at midnight according to your time zone. If you need more time to file your business tax return with the IRS,
TaxBandits | March 13, 2014 | Read time: 4 minute(s)
The IRS Commissioner, John Koskinen, has released a statement on The Fiscal Year 2015 Budget that addresses taxpayer concerns. The statement released: The Fiscal Year 2015 Budget proposal
TaxBandits | March 10, 2014 | Read time: 3 minute(s)
Problem: You submitted your Form 1099 through ExpressTaxFilings, but now you realize you have incorrect information on the return. What do you do? Solution: Well first, you must
TaxBandits | March 7, 2014 | Read time: 2 minute(s)
To avoid penalties, it is important to file your Forms 1099 and W-2 on time. The e-file deadline is March 31, 2014. According to General Instructions for Certain
TaxBandits | March 3, 2014 | 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 27, 2014 | 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, 2014 | Read time: 2 minute(s)
Form W-2, Wage and Tax Statement, is used to report wages paid to employees and the taxes withheld from them. What states have a February 28th Deadline for
TaxBandits | February 24, 2014 | 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