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Common Mistakes To Avoid When Filing Form 1098-T
Form 1098-T is the IRS information return educational institutions file to report qualified tuition and related expenses for each enrolled student. Getting it right matters for two reasons: students depend…
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Are Scanned Copies of Documents Legal? Your 2026 Guide
Are scanned copies of documents legal? Yes. When properly created and maintained, scanned documents hold the same legal weight as physical originals in court proceedings and business transactions. Federal law…
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1099 Reporting Thresholds 2026: When New Filing Requirements Take Effect
(Latest update: June 11 2026) The One Big Beautiful Bill Act’s threshold changes are now in effect. For any payments made on or after January 1, 2026, the reporting threshold…
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2026 Tax Form Deadlines: 1099 & W-2 Information Returns
As businesses prepare for the 2026 tax filing season, understanding when 1099s are due and other critical IRS filing deadlines is essential for compliance and avoiding costly penalties. This complete…
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SOC 2 Type II vs Type I: Which Should You Require from Vendors?
You’re evaluating vendors who will handle your sensitive data: customer records, financial information, tax documents, or employee files. Some vendors have SOC 2 Type I reports. Others have SOC 2…
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What Is a 1099-K Form?
Form 1099-K has been one of the most confusing information returns in recent years. The IRS proposed lowering its filing threshold multiple times, reversed course each time, and the One…
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IRS 1099 Form Changes for 2025: What’s Different and What You Need to Do
Tax forms rarely grab headlines, but small changes can create big headaches if you’re caught unprepared. The IRS has rolled out several targeted updates to 1099 forms for the 2025 tax year, and if you’re still using last year’s approach, you could face compliance issues when filing season arrives.
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What to Look for in a BPO Partner
Choosing a BPO partner involves more than comparing service offerings and pricing. The vendor you select will have access to sensitive data, will operate on your behalf under regulatory requirements,…
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1099 Software Guide: Features, Options & Choosing the Right Solution [2026]
Filing Form 1099 correctly and on time is a critical compliance requirement for businesses, but the process can be complex, time-consuming, and fraught with potential for costly errors. As organizations…