1095 Software: What’s New for Tax Year 2017?

October 16th, 2017 No comments

IRS Forms 1095-C and 1095-B must be postmarked by January 31, 2018. The IRS gave companies a break with extended deadlines and leniency for good faith effort in prior years. But the tide has turned and the IRS has given no indication of extended deadlines or leniency for good faith efforts. If the IRS publishes […]

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1042-S Software: Test Files

October 3rd, 2017 No comments

Filers are not required to file a 1042-S test file.  But the transmission of test files to the IRS is encouraged. Testing is typically available for 2-months beginning in early January and running until the end of February. The following file status results will display: Good, Federal Reporting – The test file is good for […]

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1042-S Software: Due dates and extension

October 3rd, 2017 No comments

Copy B of Form 1042-S must be printed and mailed by March 15th unless the the due date fails on a Saturday, Sunday or legal holiday. The withholding agent must paper or electronically file Copy A of Form 1042-S by March 15th as well. A withholding agent can file for a 1-month extension to electronically […]

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1042-S Software: Amended Form 1042-S

October 3rd, 2017 No comments

Amendments take time.  We can electronically file amendments of Form 1042-S on your behalf for current or prior years.  Please contact our sales office at (480) 460-9311 for more information and to order this service. Here is what we would need: The record you want to correct along with the Unique Form Identifier that was […]

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1042-S Software: How can I order the 1042-S software?

October 3rd, 2017 No comments

Our 1042-S software contains Form 1042-T or transmittal summary when electronic filing.  You order the software online at this link https://www.1099fire.com/buy_now.htm You can also order by phone at (480) 460-9311.

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1042-S Software: What’s new for Tax Year 2017?

October 3rd, 2017 No comments

Changes to IRS Form 1042-S for tax year 2017. Unique form identifier. Beginning in tax year 2017, withholding agents will be required to assign a unique form identifier to each Form 1042-S they file.  The IRS says the Unique Form Identifier must be Exactly 10 digits. Unique to each original Form 1042-S filed for the […]

1099 Software: Why is the Create & Review button inactive?

June 13th, 2017 No comments

If the Create & Review button is inactive or grayed out, then the software is either: Not registered, or Registered for paper filing only. If you ordered the electronic filing version and the Create && Review button is inactive, please call our sales office at (480) 460-9311 and they can look up your order and […]

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CA592 CA593 Software: I have less than 250 records. Why should I efile these forms?

May 31st, 2017 No comments

The California Franchise Tax Board says on their website and in the instructions: When the number of payees on Form 592 is 250 or more, Form 592 must be filed with the FTB electronically, using FTB’s Secure Web Internet File Transfer (SWIFT), instead of paper. However, withholding agents must continue to provide payees with Forms […]

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1099 Software: What’s New in Tax Year 2017

May 29th, 2017 No comments

The new 1098, 1099, 3921, 3922, 5498 and W-2G forms for tax year 2017 are available.  Here is what is new for tax year 2017. The FIRE Test System is available from November 1, 2017 until December 8, 2017 and then again from January 2, 2018 until August 31, 2018.  This extended testing season is […]

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8966 FATCA Software: Efiling a nil report?

May 16th, 2017 No comments

Nil means zero.  An 8966 nil report is when the financial institution or filer has no accounts.  The financial institution fills out Form 8966 identifying the reporting financial institution name, address, GIIN and that’s it.  Just this part is filled out: which is basic identifying information of the financial institution.  No account reports or pooled […]

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