Latest Posts

Form 1099-NEC returns for TY2020

Posted on August 08, 19
Form 1099-NEC returns for TY2020

The IRS announced that it will be bringing back form 1099-NEC to report non-employee compensation separate from the 1099-MISC.  This form 1099-NEC has been...

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What You Need to Know About GDPR?

Posted on July 09, 19
What You Need to Know About GDPR?

Chances are likely that you have heard the acronym GDPR in recent news headlines. But, what exactly is this regulation and how does it...

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Data Entry

Document Scanning/ Hosting

Legal Document Scanning Providers

Having a solid legal scanning partner can make a world of difference when the need arises.  Many vendors can scan documents to PDF/TIF but, not all can readily generate the load files, bates stamp, perform project specific unitization while adhering to quick turnaround requirements. That’s where Tab Service Company’s legal…

Paper war

The Paper War & Increasing Technological Advancements

The Paper War, a new metaphor that is being tossed around in the office, describes the continuous struggle we have with paper that clogs up offices and slows down processes. The pain-points involved in dealing with paper based systems are well-known and result in loss of productivity, records, and money. …

IT Outsourcing

What you need to know about GDPR

Chances are likely that you have heard the acronym GDPR in recent news headlines. But, what exactly is this regulation and how does it impact businesses outside of the European Union? The General Data Protection Regulation (GDPR) legislation was created back in April 2016 and is scheduled for implementation later…

TSC1099 introduces their new Affordable Care Act (ACA) Reporting & Compliance application

CHICAGO, Sept. 16, 2015 /PRNewswire/ — Tab Service Company has been a leader in 1099 tax form outsourcing services for decades.  The tax form processing application TSC1099, is a complete cloud-based reporting and compliance solution.  It enables businesses to upload data that is quickly processed, printed, mailed and e-filed at…

Records Management

Internal Revenue Service

IRS Falls Victim to Data Theft – May 2015

The IRS falls victim to data theft when 104,000 house-hold tax returns from previous years was compromised. The data thieves accessed the data through a weakness in a tool called “Get Transcript” embedded on the IRS online web system.  After the IRS became aware of the data breach they quickly…

data driven advertising

Data Driven Advertisements Increase

The marketing industry strengthens data driven targeting with new advents in big data analytics. No wonder the marketing industry is doing so well.  In a time with frequent advances in technology and ever-changing trends, companies must be quick to adapt and accurately forecast future markets. This new availability of technology and…

Tax Reporting & Compliance

Pressure Seal 101

You may not be familiar with what pressure seal forms are but, the chances are that you have come into contact with them before. Pressure seal paper forms have many uses. Most often pressure sealed forms are used to print and mail tax documents, checks, grade reports, invoices or financial…

IRS Extends the Deadline to Furnish Forms 1095-C & 1095-B

Today on November 18, 2016 the IRS sent out Notice 2016-70 announcing the extension for furnishing information returns 1095-C and 1095-B to recipients.  This will be the second year for mandated ACA reporting and the second year an extension has been granted. Last year the 2015 mailing deadline was extended…

Uncategorized

Graph Expo 2014 Arrives in Chicago

The Graph Expo is a once a year event that takes place at Chicago’s McCormick Place convention center.  The event features the latest technologies in the graphic communications industry with the help of dynamic show exhibits and specialty seminars that cater to a wide array of niche graphic markets.  The…

IRS Releases Publication 1220 for Tax Year 2014

Each year the IRS updates Publication 1220 as an instructional document for rules and regulations regarding forms: 1097, 1098, 1099, 3921, 3922, 5498, and W-2G.  In addition the document gives guidance to state reporting requirements involving the Combined Federal/State Filing Program (CF/SF). For tax year 2014 here are some of…