Tax Compliance

The filing deadline for a Reporting Model 2 FFI or Participating FFI to file its FATCA 8966 Report is extended to July 15, 2020; previously it was March 31, 2020. Excerpt from the IRS Update: Q4. Due to the COVID-19 virus, will foreign financial...

The New Jersey (NJ) state filing deadline, for reporting ACA 1095 forms directly to the state, has been postponed until May 15, 2020. The previous deadline was March 31, 2020 but has been postponed due to hardships related to the Coronavirus....

The IRS has recently posted a notice regarding the implementation of the recently passed Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE) Act. This notice affects TY2019 5498 reporting in relation to Required Minimum Distri...

Every day, we closely monitor and analyze developments and statements from local, national and international health agencies, and we are taking actions to comply with their directives which are based on facts and medical science. There is no issue...

$150 Rush Fee applies - Service Bureau Efile uploads will be filed by midnight 1/31/2020 if received by Noon PST today. Note a Rush Fee of $150 will be charged in addition to normal charges If your upload to the Service Bureau is for printin...

Our Consumer Privacy Policy is updated for the California Consumer Privacy Act (CCPA) The CCPA was enacted in 2018 and becomes law in 2020. It creates new consumer rights relating to the access to, deletion of, and sharing of personal information ...

The IRS has officially provided notice that the deadline for furnishing (printing & mailing) IRS forms 1095-B & 1095-C is now extended to March 2nd, 2020. The deadline was previously January 31st, 2020. IRS Notice 2019-63 (12/3/2019) - https://www...

The IRS has released the finalized form layouts the 1099-MISC & 1099-NEC for Tax year 2020. At this point, a brief instruction set is included on each form layout but the complete instructions, for Tax Year 2020, are still in a draft status. IRS ...

1099 Pro has officially released the 2019 early release versions of its desktop software products! Customers can renew, with the early-bird discount of approximately 20% off, to purchase, download, and install the software today. Future releases/up...

Differing due dates have created problems with IRS processing of 1099-MISC forms, so the IRS has decided to look into resurrecting a separate form - the 1099-NEC. The agency has released the draft version of Form 1099-NEC for Nonemployee Compensatio...