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September 25, 2019

Does My Business Need To File ACA Forms?

You may be wondering if your business is required to file ACA forms. This step-by-step diagram will answer that question in less than one minute.

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1095 (ACA) Filing

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December 30, 2024

Understanding Form 1099-DA: A Comprehensive Guide to Filing for Digital Asset Transactions

As the use of digital assets like cryptocurrencies and non-fungible tokens (NFTs) continues to grow, so does the need for clear tax reporting guidelines. To address this, the IRS has introduced Form 1099-DA, which will be required starting in 2025.

November 12, 2024

State of the Filing Season: What Businesses Need to Know

From filing deadlines, to increased reporting requirements, to new e-filing thresholds, keeping pace with the changes and understanding the potential tax implications is no small feat.

September 21, 2024

IRS Penalties on Businesses to Increase in 2024

Businesses are gearing up for a busy W-2, 1099 & 1095 filing season in the months ahead, navigating through an accelerated reporting season and getting re-acquainted with specific state and federal requirements.