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Showing posts from November, 2015

Integrating FreshBooks Vendors with Tax1099.com

We’ve integrated with FreshBooks to provide customers a way to e-file 1099-MISC forms. Here's how you can import your vendor data:
In FreshBooks In FreshBooks, payment made to vendors are classified as "Expenses." To view the payments, you can go to your Expense tab. You can also pull the expense report in the Accounting Reports menu.
The vendor name is the only personal data FreshBooks captures for the vendor. FreshBooks does not record the vendor's address, EIN, phone number, etc. This leaves gaps in the information you need to file a 1099-MISC for the vendor.
You will be able to import the existing data, and fill in the gaps from within Tax1099.com.
In Tax1099.com Login to Tax1099.com, and click on the Import tab. Under the Import tab, select "FreshBooks." To confirm the integration, you'll need to supply some data from your FreshBooks. In the "My Account" menu in FreshBooks, find your API URL and Authentication Token. Enter those items in T…

Integrate Zoho Books and Tax1099.com

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We are proud to integrate with Zoho Books this tax season. Transporting your data into our system is simple. Here's how you can import:
In Zoho Books In Zoho Books, go to Reports > Taxes > 1099 Report. You can set new rules for the current tax year. If you have rules from a prior year, you can apply those rules. When you create a rule, you associate an Expense Account with a Box Category on the 1099-MISC form. Here's an example of rules you might set: Click "Generate Report," and you'll see your results below the rules. It's a good idea to export the report, so you can check the integration.
In Tax1099.com After you've set the rules in Zoho Books, login to Tax1099.com. Go to the Imports tab, and click Zoho Books. Select the appropriate tax year and enter your Zoho login credentials. If you get a message stating “Data or amount not present for year 2015,” go back to Zoho Books. Make sure that you have rules setup for that year.
In Tax1099.com, look f…

Integrate Xero with Tax1099.com to Complete Your 1099-MISC Filing

The number of Xero users in the USA continues to grow. This will be our third tax season supporting a Xero integration. Like many of our other integrations, the process starts with the 1099 report in Xero.
Xero’s 1099 report Xero keeps a 1099 report. It is populated with information needed to fill out 1099-MISC forms. To find this report, go to All Reports > Tax Reports > 1099 Report. If you do not see the expected results, click "Edit 1099 Rules." Once you've set up the report, you can export it for reference.
Initiating the integration To initiate the integration, log into your Tax1099.com account. Open the Imports menu, and select Xero from the list of import options. On the Xero integration page, choose the tax year and click the connect button. Click "Authorize" to initiate the integration.
If you have multiple companies in your Xero account, select the company you want to import.
A brief message stating the connection is starting will display. Then, yo…

Integration Series #3 - Integrating Bill.com Data with Tax1099.com

After three tax seasons of importing from Bill.com, we're now a part of Bill.com's App Center. You can pull information directly from Bill.com.

Connect the app
In Bill.com, go to the App Center. The App Center can be found under the settings menu. Under "Taxes," click on Tax1099.com. Review the information, and click Connect. This will sync Bill.com vendor information to Tax1099.com.
The app will direct you to Tax1099.com. If you already have a Tax1099.com account, use your username and password to login. If you don't have an account, you can register for one. It's free to make an account.
After connecting After logging in to Tax1099.com, you will see a list of payers from Bill.com in a drop down list. Select your company and the tax year. Tax1099.com makes an API call to Bill.com to retrieve the information. The import may take a minute or two.
You will see a popup asking if you want to apply filters. If you select to turn filters off, all payments will be impor…

Integration Series #2 – QuickBooks for Windows Plugin

You may have heard that the sync manager in QuickBooks Desktop is going away. Intuit is focusing their development efforts on the cloud-based "QuickBooks Online." The sync manager housed Intuit's 1099 e-filing service. How can you E-file your 1099-MISC forms directly from QuickBooks Desktop?

Tax1099.com offers a plugin built with Intuit’s Software Development Kit for QuickBooks Desktop. The plugin adds a menu item to the "company" menu. You can import your 1099-MISC data to Tax1099.com through the plugin.
Install the plugin The first step of the process is to add the plugin to your QuickBooks menu. Under the Imports menu in Tax1099.com, you'll see an option for QuickBooks Desktop. The zip file on that page contains instructions and the plugin executable file. Before installing the plugin, be sure to close all QuickBooks-related programs or files. You'll need to temporarily disable your antivirus/firewall. Right-click QuickBooks to run as an administrato…

1099-MISC Integration Using QuickBooks Online

We’ve decided to post a series on integrating your vendor data into Tax1099.com. We're at the QuickBooks Connect conference this week. We'll lead off with integrating QuickBooks Online app data into Tax1099.com.

The Intuit App Center has listed Tax1099.com for over a year now. We integrated with QuickBooks Online even before that. QuickBooks Online's "Plus" version tracks 1099-MISC data. We integrate with that version to bring your data into the 1099-MISC form. Connect the App Visit the Intuit App Center, and search for Tax1099.com. You can connect the app with a couple of clicks in QuickBooks Online. Authorize Tax1099.com to connect with your QuickBooks Online account. Your data from QuickBooks Online will import to Tax1099.com. What does the process do? The integration reviews the vendor file looking for 1099-eligible vendors. The integration brings over eligible vendors and their payment information. The process automatically excludes credit card payments. I…

What is a 940? And 941? And 944? And...

Who is responsible for filing a 940? A 941? A 944? Below is a brief outline of the forms, who needs them, and when to file them.
Form 940: What is it? Businesses file form 940 to report FUTA (Federal Unemployement Tax).Who files it? Most businesses must file, even if they made no eligible payments. Some tax-exempt organizations are not required to file. Some government entities, and some Indian tribal governments are also exempt.When is it due? January 31st of the year after the filing period. Form 941: What is it?Form 941 reports how much money a business withheld in federal income tax, social security, and Medicare.Who files it? Most employers file the 941. The IRS may not require employers of household or farm employees to file. Employers don’t need to file for seasonal employees, except in the quarter they worked. Filers notified by the IRS to file form 944 (more below) do not file form 941.When is it due? Form 941 is due each quarter by the last day of the month following the quarte…