ROCK HILL, SC / ACCESSWIRE / January 31, 2022 / Businesses across the nation that hire employees and independent contractors only have a few hours to file and mail their Forms W-2 and 1099-NEC. All Forms must be filed with the SSA and IRS by midnight and recipient copies must be postmarked on January 31, 2022. Payroll forms of the 94x series are also due to the IRS by midnight.
With TaxBandits, business owners, tax professionals, and payroll providers are able to e-file the following forms with the required federal and state agencies and distribute recipient copies easily and securely.
Form 1099-NEC
This must be filed with the IRS by payers who have made payments of $600 or more to independent contractors. A copy of this 1099-NEC form must also be distributed to the recipients.
Form W-2
This form must be filed with the SSA to report the wages paid by an employer to their employee during the tax year. This includes reporting the income taxes, social security taxes, and Medicare taxes withheld from their wages. Copies of Form W-2 must be provided to all employees.
Form 940
This must be filed with the IRS annually to report Federal Unemployment Taxes. This Form is also referred to as the FUTA tax form.
Form 941
This must be transmitted to the IRS on a quarterly basis, the deadline to file for the fourth quarter of 2021 is January 31, 2022. Employers should file this Form 941 to report all employment taxes, including Social Security and Medicare taxes.
TaxBandits offers a smooth and simple e-filing process with time-saving features such as bulk upload and volume-based Prepaid Credits. In addition, TaxBandits providers complete solutions for recipient copies. TaxBandits offers print and postal mailing services for recipient copies. USPS validations are available to ensure that all recipient copies arrive at a verified address.
In regards to today's deadline, SPAN Enterprises' CEO and Co-founder, Agie Sundaram stated, "Our team has worked long and hard this tax season, not only have we added advanced updates to the TaxBandits application, but our team continues to work extended support hours to ensure that all of our clients receive the assistance they need to meet their year-end deadlines for the 2021 tax year. Businesses seeking a last-minute solution should look no further than TaxBandits"
To begin filing with TaxBandits, create your free account at taxbandits.com to get started!
About SPAN Enterprises
SPAN Enterprises is the parent company of TaxBandits and a variety of other business management and e-filing applications. Located in the small city of Rock Hill, SC, SPAN Enterprises proves that big ideas grow in small towns.
With existing Business Management and E-filing Applications such as TruckLogics and ExpressTruckTax, PayWow, and ExpressTaxExempt, SPAN Enterprises is at the forefront of innovative applications. Learn more at https://www.spanenterprises.com/
For any media inquiries, please reach out to Stephanie Glanville, Content Writer at stephanie@spanenterprises.com.
SOURCE: TaxBandits
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https://www.accesswire.com/686378/Today-is-the-2022-Form-1099-W-2-and-94x-Series-Deadline-E-file-Now-With-TaxBandits
