Latest news with #ACA1095
Associated Press
28-03-2025
- Business
- Associated Press
The IRS E-Filing Deadline for Forms 1099, 1098, and 1095 Approaches: TaxBandits Simplifies Last-Minute Filing
Employers, businesses, and tax professionals can now e-file 1099, 1098, and 1095 forms with TaxBandits to meet the IRS e-filing deadline. Filing on time ensures compliance and helps avoid costly penalties. ROCK HILL, SC / ACCESS Newswire / March 28, 2025 / The IRS e-filing deadline for Forms 1099, 1098, and 1095 is March 31, 2025. Employers, businesses, and tax professionals must submit these forms on time to avoid significant penalties from the IRS. TaxBandits offers an easy-to-use and secure platform to help businesses and tax professionals meet the filing deadline confidently and accurately. Key IRS Forms Due by March 31, 2025 Compliance with IRS regulations requires businesses, employers, tax professionals, and insurers to e-file many tax forms by March 31, 2025. This includes: 1099-Series of Forms: This includes several 1099-series forms, such as 1099-MISC, 1099-INT, 1099-DIV, 1099-K, 1099-B, 1099-S, 1099-A, 1099-PATR, 1099-SA, 1099-OID, 1099-LTC, and 1099-QA, which report different types of income and transactions. ACA Reporting Forms: ACA Forms 1095-B and 1095-C must be filed by applicable large employers and insurance providers to ensure compliance with the Affordable Care Act (ACA). Other Required Forms: Other necessary filings include the 1098-series forms (1098, 1098-T, 1098-E, 1098-F), Forms 3921, 3922, and 8027. Penalties for Missing the Deadline Failure to meet the IRS e-filing deadline for Forms 1099, 1098, and 1095 can result in substantial penalties: Form 1099 Penalties: Businesses face fines ranging from $60 to $660 per form, depending on how late the forms are filed. These penalties increase significantly if the forms are filed more than 30 days after the deadline. ACA Form 1095 Penalties: For failing to file or providing incorrect information on ACA Forms 1095-C and 1095-B, businesses may incur penalties of $330 per return. The total penalty for a calendar year can reach up to $3,987,000 for large employers. These penalties highlight the critical need to meet the e-filing deadline. TaxBandits Offers Stress-Free Last-Minute Filing TaxBandits offers a user-friendly platform for e-filing 1099, 1098, and ACA 1095 forms. Businesses can rely on TaxBandits' tailored solutions to easily meet the deadline. Here's how TaxBandits simplifies last-minute filing: Federal and State E-Filing: Clients can e-file forms effortlessly with both federal and state. TaxBandits also supports state-only ACA reporting. Effortless Bulk Data Upload: TaxBandits enables seamless bulk data imports for tax forms through a standard CSV template or custom spreadsheet files. In addition, clients can use TaxBandits Excel templates to import ACA data. Seamless Recipient Copy Distribution: Clients can deliver recipient copies via postal mail, online access, or both, ensuring secure and timely delivery. Error-Free Filing with Built-In Checks: Built-in validation ensures accuracy by detecting and resolving errors before submission. AI Assistance & World-Class Customer Support: BanditAI, the AI assistant, offers real-time guidance, while the support team is available via phone, email, and live chat. Advanced Security Measures: As a SOC 2-certified company, TaxBandits prioritizes data security with top protection against breaches. Exclusive Features for Tax Professionals TaxBandits offers flexible solutions for CPAs, accounting firms, and enterprises. With a Pro Account, tax professionals can streamline workflows with time-saving features. Secure Client Portal: Tax pros can enable their clients to review forms, communicate securely, and manage documents in a customized portal. Team Management: TaxBandits provides the option to invite team members, assign roles such as preparer, approver, and transmitter, and delegate filings. Detailed Reports: Obtain valuable insights from reports on filings, clients, and team performance to support informed decision-making. Businesses, tax professionals, and service providers can easily e-file 1099-MISC, 1099-INT, 1099-DIV, 1099-K, 1098, ACA 1095, and many more tax forms at About TaxBandits The 1099 and W-2 experts! TaxBandits is a SOC 2 Certified, IRS-authorized e-file provider of 1099 Form, Form W2, Form 940, Form 941, 1095-B, 1095-C, and W-9, serving businesses, service providers, and tax professionals of every shape and size. TaxBandits provides another advantage for high-volume filers and software providers. The TaxBandits API enables seamless preparation and e-filing of 1099, W-2, 941, 940, and ACA 1095 forms. Headquartered in Rock Hill, South Carolina, SPAN has been developing industry-leading software tools for e-filing and business management tools for over a decade. The SPAN Enterprises portfolio of products includes TaxBandits, ACAwise, ExpressExtension, 123PayStubs, TruckLogics, and WealthRabbit. [email protected].
Yahoo
05-03-2025
- Business
- Yahoo
Halfpricesoft.com Announces In-App E-Filing Service - No TCC required; We File on Clients Behalf
Novice ACA Electronic Filers are Accommodated with In-App E-Filing Service in ez1095 Software from REDMOND, Wash., March 5, 2025 /PRNewswire/ -- readies novice and returning clients on the upcoming March 31 deadline with the new ez1095 2024 e-file service. This service caters to clients who do NOT have an IRS account and TCC number. The IRS now mandates e-filing when employers file 10 or more ACA 1095 returns. Read More or Watch our Tutorial. This new mandate is creating a panic for employers who have previously printed and mailed forms. With this option, clients can eliminate the hassle of efiling ACA forms or applying for a TCC number with ez1095 Software. "The team is ready and able to assist clients with efiling ACA forms with new in-app filing service u sing ez1095," said Dr. Ge, the Founder of ez1095 has been approved by the IRS to generate the electronic documents that customers can upload to the IRS for ACA form electronic filing for the upcoming and previous tax season. ez1095 can also print both IRS copy and recipient copy on white paper. No pre-printed forms are needed. ez1095 software also allows customers to import data quickly from external files and makes it easy to print ACA forms for recipients. Priced from just $295 per installation to print and mail ($495 for efile version and $695 for state and federal efile version). ez1095 supports multiple company accounts on the same computer at no additional charge. Customers that need to file Form 1095C, 1094C, 1095B and 1094B can download and try ez1095 ACA software from before purchasing, by visiting 2024 ez1095. The main features in ez1095 include, but are not limited to: Customers can easily roll data from previous versions of ez1095 to the current version for faster processing. Process forms for years 2015-2024 (purchase year that needs to be filed and process that year easily)- Unlimited ACA form printing with ez1095 No pre-printed forms are needed to print 1095 and 1094 Forms. Ez1095 can print ACA form 1095- B . 1094-B, 1095-C and 1094-C on white paper for recipients and the IRS. NEW in-app efiling service starting from year 2024 - No TCC required; We File on Clients Behalf Unlimited accounts, recipients and ACA forms with one flat rate PDF forms printing PDF print ACA forms for recipients in digital format XML files validation and E-file efile Feature to generate XML documents that customers can upload to the IRS site. Validate XML files Efile: support 1095/1094 original, testing, replacement and correction submission Fast data import Import data from spreadsheets, XML files and previous data Easy-to-use, safe and flexible Free customer support before, during and after purchase for product use and troubleshooting User-friendly graphic interface and Windows menus make our software quick and easy to set up, use and navigate No internet is required to run ez1095 form software ez1095 software is compatible with Windows 11, 10, 8.1, 8, and 7. Designed with simplicity in mind, ez1095 software is easy to use and flexible. ez1095 software's graphical interface leads customers step-by-step through setting up the company, adding employees, adding forms and print forms. Customers can also click form level help links to get more details regarding the software. is a leading provider of small to mid-size business software, including online and desktop payroll software, online employee attendance tracking software, accounting software, in-house business and personal check printing software, W2 software,1099 software,1095 form software and ezACH direct deposit software. Software from is trusted by thousands of customers for over 20 years and will allow SMB owners to simplify payroll processing and streamline business management. View original content to download multimedia: SOURCE Sign in to access your portfolio
