Finance
Form 1099/W-2 Software: Tips for Choosing the Right E-filing Provider
Published by Jessica Weisman-Pitts
Posted on December 15, 2023
6 min readLast updated: January 31, 2026
Global Banking & Finance Review®
Company
Published by Jessica Weisman-Pitts
Posted on December 15, 2023
6 min readLast updated: January 31, 2026
Effective this January, the IRS is lowering the e-filing threshold, requiring
Effective this January, the IRS is lowering the e-filing threshold, requiring businesses to file electronically when submitting 10 or more tax returns throughout the calendar year. The goal of this new initiative is to streamline the tax filing process and reduce manual processing of paper forms.
However, with the new IRS e-filing threshold in place, the need to find the right e-filing provider has become crucial for businesses that still follow traditional paper filing methods.
As tax season is just around the corner, finding the right e-file provider can be daunting. Don’t worry; in this blog, we’ll share some tips to help you choose the correct e-filing provider for your business.
Key Considerations for Choosing the Right E-filing Provider
Not all e-filing providers support the full spectrum of tax forms. It is crucial to identify a provider that aligns with your specific needs. Whether you are dealing with Form 1099 (such as 1099-NEC, 1099-MISC, etc), W-2, or other tax documents, choose a solution that caters to the forms relevant to your business. A comprehensive understanding of the forms supported ensures a seamless and accurate e-filing experience.
Flexibility is key when choosing an e-filing provider. Some businesses may prefer manual filing for a handful of returns, while others may require bulk filing capabilities for a larger volume. A versatile e-filing solution should offer both manual and bulk filing options, catering to the unique needs and scale of your business operations.
A robust e-filing provider should offer internal audit features that allow businesses to review and validate their tax information before submission. Internal audit tools contribute to accuracy and compliance by identifying potential issues and enabling businesses to address them proactively.
Security is paramount when dealing with sensitive financial information. Ensure that the e-filing provider employs robust security measures to safeguard your data. Encryption protocols, secure transmission methods, and compliance with industry standards should be key considerations in your decision-making process.
As the IRS encourages more businesses to embrace e-filing, choosing the right e-filing provider becomes a pivotal decision for businesses of all sizes. By carefully considering the factors outlined above, you can make an informed decision.
To make your search easier, allow us to introduce TaxBandits, a leading IRS-authorized SOC 2 certified e-file provider. TaxBandits caters to tax professionals and businesses of all sizes, offering features like:
Key Features of TaxBandits:
Navigating the intricacies of tax filing may raise questions. TaxBandits provides exceptional customer support through various channels – phone, email, and live chat – ensuring timely assistance and issue resolution.
Conclusion:
As you gear up for the approaching tax season, let TaxBandits be your trusted companion in simplifying the e-filing process. With its user-friendly interface, comprehensive features, competitive pricing, and exceptional customer support, TaxBandits is poised to make your tax season stress-free and efficient. Choose TaxBandits for a seamless e-filing experience tailored to the needs of your business.
Visit www.taxbandits.com/1099-forms/ to e-file 1099 forms in minutes.
E-filing refers to the electronic submission of tax returns to the IRS or state tax authorities, streamlining the filing process and reducing the need for paper forms.
A Taxpayer Identification Number (TIN) is a unique identifier assigned to individuals and businesses for tax purposes, used to track tax obligations and filings.
Bulk filing allows businesses to submit multiple tax returns simultaneously, which is especially useful for companies handling a large volume of transactions.
Manual filing involves submitting individual tax returns one at a time, typically used by businesses with fewer returns to process.
Recipient copies are the copies of tax forms sent to individuals or entities who received payments, ensuring they have the necessary documentation for their tax filings.
Explore more articles in the Finance category
