Categories Posted inin Form 94x SeriesTax Tips The IRS Released Draft Form 941 for 2025: Key Changes and Updates Released by the IRSThe IRS has released the draft Form 941 for 2025, highlighting important updates and changes employers need to know. Posted byStephanie GlanvilleJanuary 9, 20250 Comments Continue Reading
Categories Posted inin Form 1099 Series Countdown to the 2024 Tax Season Begins: Get Started with a Streamlined Filing Solution Designed for CPAsPrepare for the 2024 tax season effortlessly with TaxBandits for seamless 1099, W-2, and 94x year-end filings Posted byStephanie GlanvilleJanuary 2, 20250 Comments Continue Reading
Categories Posted inin Tax Tips Looking Back at 2024: TaxBandits’ New Features and UpgradesTaxBandits has everything your business needs for a successful 2024 tax season. Learn more about new features that make your filing easier. Posted byStephanie GlanvilleDecember 31, 20240 Comments Continue Reading
Categories Posted inin Tax Tips Get Ahead of Tax Season: Key Tips to Streamline Your Year-End FilingsThe IRS recommends early tax preparation to avoid last-minute stress and ensure accurate, timely filing for the upcoming tax season.Posted byStephanie GlanvilleDecember 30, 20240 Comments Continue Reading
Categories Posted inin FinCEN Update Major Update on FinCEN BOIR Filing: BOI Reporting Requirements for Small Businesses Halted—AgainWhile businesses are not currently required to submit their reports, they may still choose to do so voluntarily.Posted byStephanie GlanvilleDecember 27, 20240 Comments Continue Reading
Categories Posted inin BOI ReportingFinCEN Update Breaking News: BOI Reporting is Back in Effect – The BOIR deadline is Now January 13, 2025Updated FinCEN Notice (December 26, 2024): In light of a recent federal court order, reporting companies are not currently required to file Beneficial Ownership Information (BOI) with the Financial Crimes...Posted byStephanie GlanvilleDecember 24, 20240 Comments Continue Reading
Categories Posted inin Form 94x Series Get Ahead of the Tax Season: TaxBandits Now Supports E-Filing of Forms 941 (Q4, 2024), 940, 943, 944, and 945 for 2024 Tax Year!Ready to streamline your tax filing process for the 2024 tax season? Start e-filing your 94x forms with TaxBandits today!Posted byStephanie GlanvilleDecember 23, 20240 Comments Continue Reading
Categories Posted inin FinCEN Update Corporate Transparency Act Update: Temporary Halt on FinCEN’s BOI Reporting Enforcement: What It Means for BusinessesThe recent nationwide injunction temporarily halts the enforcement of the Corporate Transparency Act and BOI reporting obligations.Posted byStephanie GlanvilleDecember 7, 20240 Comments Continue Reading
Categories Posted inin Form 1099 SeriesIRS Updates IRS Transition Relief: Updated Form 1099-K Threshold to $5000 for 2024 Tax YearIRS has updated Form 1099-K threshold for the 2024 tax yearPosted byStephanie GlanvilleNovember 28, 20240 Comments Continue Reading
Categories Posted inin BOI Reporting Introducing TaxBandits’ Customized Engagement Letter for Tax Pros: Streamlined Client Communication in BOI ReportingCheck out our new feature designed exclusively for tax professionals!Posted byStephanie GlanvilleNovember 13, 20240 Comments Continue Reading