TaxBandits Presents A Straightforward 1099 E-File Alternative For Company House owners3 min read
ROCK HILL, SC / ACCESSWIRE / January 4, 2021 / With the 1099 deadline approaching on February 1, 2021, TaxBandits is in this article to aid companies navigate the variations to IRS submitting for the 2020 tax 12 months. With the introduction of Variety 1099-NEC, the lots of changes to the quarterly work Sort 941, and the repurposing of the Variety 1099-MISC, smaller companies have a large amount on their plate this tax year.
TaxBandits is an IRS licensed e-file provider that is built to streamline the filing course of action for corporations of all sizes. One of the largest problems for small enterprises this yr will be the changeover to using the Sort 1099-NEC to file nonemployee compensation. Quite a few little enterprises will be essential to file this kind for their impartial contractors and freelance staff.
To assist company homeowners file their 1099s rapidly and effectively, they have the alternative to use the TaxBandits Bulk Add function. This enables buyers to upload their unbiased contractors’ specifics all at once making use of our template, instead than manually entering each one.
To help small business house owners complete their 1099s correctly and on time, TaxBandits has added a attribute that allows people to schedule their types ahead of the deadline. Once the 1099 Form is entire, the person can program it for transmission just before the deadline, in the meantime if they will need to make corrections to the sort, they can only pause, edit, and reschedule. This allows make certain correct sorts and eradicates the concern of forgetting to file.
When it comes to recipient copies, TaxBandits delivers options to meet the wants of their staff. With the postal mailing choice, TaxBandits prints and mails all of the worker/recipient copies, executing USPS validations to be guaranteed every duplicate goes to a valid handle.
There is also an on line access possibility. Organization owners can grant their independent contractors access to the TaxBandits safe portal. In flip, the unbiased contractors can login to watch and download their sorts at any time, from anyplace. This is a great alternative for tiny businesses that are working remotely.
In addition to filing Sorts 1099 with the IRS, several states demand this sort to be submitted with their point out agency as effectively. TaxBandits delivers point out filing, so that enterprise proprietors can maintain their federal and point out tax compliance from just one inclusive application.
When asked about the forthcoming tax season, CEO and Co-founder Agie Sudaram mentioned, “2020 has been a challenging year for firms, and the improvements to year-finish tax 1099 submitting go on to include to that challenge. TaxBandits is listed here to streamline the procedure, giving time-preserving options at an cost-effective value level.”
TaxBandits is an IRS authorized e-file supplier centered close to an correct, simplified, and protected purchaser working experience. TaxBandits makes it possible for for the streamlined print, mailing, and e-submitting of around 70 IRS Tax Sorts. Utilizing TaxBandits clients can easily file W-2 Varieties, 1099 Kinds, Payroll Kinds 940 and 941 as perfectly as ACA Types. TaxBandits makes certain IRS compliance by giving both of those federal and point out submitting options. With Highly developed API Integrations and White Label possibilities, TaxBandits delivers a customizable alternative for businesses of all measurements.
SPAN Enterprises, the creator of TaxBandits, is an industry leader of options for IRS tax submitting and the transportation marketplace. Found in the heart of downtown Rock Hill, South Carolina, SPAN proves that big concepts can improve in a modest town. With existing Small business Management Program these kinds of as TruckLogics and Unitwise and new additions like ACAwise and PayWow, SPAN Enterprises is at the forefront of progressive applications. Master more at http://www.spanenterprises.com.
See resource variation on accesswire.com: