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IRS changes W-2 & 1099 filing deadlines In an effort to prevent fraud,  The Protecting Americans from Tax Hikes (PATH) Act of 2015   was passed by Congress and signed by President Obama in December 2015. One key provision revises the filing deadline for Form W-2 and certain types of Form 1099.  What's Changing? Until now, employers had two dates to keep in mind when remitting W-2's: January 31, to provide employee copies, and February 28, for paper filings submitted to the Social Security Administration (March 31 for electronic filings). Beginning with forms for tax year 2016 , the filing deadline for all federal W-2s is  January 31 . This is true for both employee and agency copies, or whether filing paper or electronic returns.  What about Form 1099-Misc?   The new January 31 deadline applies to certain types of 1099s.    If you're filing Form 1099-Misc and reporting amounts in  Box...

Are you prepared for the new 2017 filing deadline for W-2/W-3 and 1099/1096? 1099/1096 and W-2/W-3 forms are now Due by January 31 st . Both paper and electronic 2016 tax year forms are due by January 31, 2017. Where you file is still the same, 1099 goes to the IRS and W-2 and W-3 goes to SSA. The Social Security Administration and IRS expect to streamline and quality control the process of matching forms to prior tax returns sooner, thereby more effectively reducing identity theft or false refund claims. Are you ready?  Hint:   October is a great time to start collecting Subcontractor W-9’s and updating Employee W-4 information updates so you will be ready on January 1 st to take charge and comply with the  new 2017 filing requirements. For more information on the new deadline or need help to meet the new deadline contact The QuickBooks Gal! The QuickBooks Gal now has online booking! Visit our website at www.qbgal.com to schedule your ...

It's Tax Season!  Time to get the W2 out to the employees and the 1099's printed! The QuickBooks Gal is here to help make it a bit easier for you and your business! Here is how to get your 1099 ready! Getting started: Go to Vendors - Prepare 1099 - Get Started Review Company Details! Fill out all necessary items such as Company Name, Filing Address, Tax ID and the payees name, which is you! Look over all details, if you need to change anything on the form click the pencil icon on the far right to make changes Assign Vendor Payments: The next step is to pick all the categories that go to your vendors and tell QuickBooks which accounts were used to track those payments  Confirm 1099 The next step is to make sure all information is correct, including name and address File your 1099! With QuickBooks Online you have the option to send your 1099 via E-File service or print and mail the forms in your self! Pretty easy! Ne...