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Showing posts from January, 2019

Why the IRS isn't as scary as you think: TIN matching

For many, the IRS is the monster under the bed. The not-so-secret fear of all who have something to report.
The IRS is characterized as the grim reaper, waiting to destroy you.

At Tax1099, we’re in almost constant communication with the IRS. We’re here to tell you that this grinning
goblin depiction is unfair. We’ve gotten to know the IRS pretty well over the last 10 years of being an
IRS-approved eFiler. Yes, the IRS is very stern. We’re fairly confident they mean well, though.

And we’ll tell you why:

Filers are frightened by the filing penalties that the IRS can deal out. File a vendor name and taxpayer
identification number (TIN) that doesn’t match what the IRS has on record? You’re looking at a fine of $260
per instance.

To some filers, it seems like only a matter of time. What if a vendor has messy handwriting? When it comes
to filing season, you're suddenly not sure if that TIN is XXX-XX-1889 or XXX-XX-1989... What if the vendor
accidentally put down a nickname on their W-9?…

Make it happen: What makes a successful 1099 season

What makes a successful 1099 season? Where do you need to be in your process, at this point in your filing, and what do you need to accomplish over the next two weeks? 
These are questions we heard during the live webinars we gave this year. We'd like to share this to-do checklist with you, to help you stay on track with your filing. This checklist is a bit of a choose-your-own-adventure. In large part, the steps you take now depend on what you've done to prepare throughout the year. 
If you've collected and verified vendor information already, this is going to be a breeze! If you have some work to do on that front, you've got a few more steps to follow through with. Don't worry, Tax1099 is here to help you with your process, no matter your starting point. Just take a look at how we make this easier for you: 

1. Get your information into Tax1099.

HOW? Integrate through an accounting platform, upload through an Excel template, or key in your information, if you only hav…

Tax1099 for Tax Year 2018

New year, new...
New year, new Tax1099. 
Is anyone else getting deja vu from that line? At Tax1099, that's the only accurate way to describe our platform from year to year: new. Each year, we focus on improving your user experience, the ease of your process. How do we do it? 
By listening. Our number one goal as your 1099 eFiling & reporting compliance platform is to stay alert and agile to your suggestions and feature requests. What have we got for you this year? Glad you asked. Here's the rundown. 
For everyone: 
Mask & unmask TIN, account-wide, under "My profile"Block a single form out of a submission batch, if neededChoose to add state filing after submitting federal forms *Note: You'll still need to file the forms with the IRS for us to be able to submit the state filing
For QuickBooks users: 
QuickBooks Online users: Try our 2-way sync for vendor informationQuickBooks Desktop users: Walk through our questionnaire to determine the best integration met…