1099 Forms for Deceased Individuals: What Executors Need to Know
Handling tax matters for a deceased individual can be complex, and 1099 forms are often part of the process. Executors […]
The Future of 1099 Forms: Will Digital Tax Reporting Replace Paper Forms?
As tax compliance evolves, the shift from paper-based filing to digital reporting is accelerating. With the IRS implementing stricter e-filing
What is blockchain?
Blockchain is a decentralized digital ledger that records transactions securely, transparently, and permanently across multiple computers. Unlike traditional databases, which
Cryptocurrency & 1099s: Tax Reporting for Digital Assets
How Crypto Transactions Trigger Tax Forms Cryptocurrency transactions are now under tighter IRS scrutiny, and with the introduction of Form
Do Influencers and Content Creators Need to File 1099 Forms?
If you’re an influencer, content creator, or digital entrepreneur, you may be required to file 1099 forms to report your
Form W-2 Deadline: What You Need to Know
Here are the key filing deadlines for Form W-2: January 31 – Employers must provide Form W-2 to employees by this
What is the file format required for bulk TIN Matching submissions?
For bulk TIN Matching submissions, the required file format is typically a plain text file (.txt). In the IRS Bulk
Are small businesses exempt from filing Form 8027?
Yes, small businesses are generally exempt from filing Form 8027, which is the Employer’s Annual Information Return of Tip Income
Gradual rollout for new reporting rules on Form 1099-K
For 2024, the IRS has provided a transition relief period, raising the threshold for Form 1099-K reporting. Payment platforms such
IRS FIRE system file status
The IRS FIRE (Filing Information Returns Electronically) system file status indicates whether files you have submitted are accepted, rejected, or