Welcome visitor. You can login or create an account.

State Reqs

A Guide to the Most Used 1099s 2019

There are dozens of 1099s 2019, but some were more common that year than others. 1099 forms are used by the IRS to track payments made outside of employment. However, these forms are known to change from year to year – most recently, the popular 1099-MISC form. If you neglected to fil
Continue Reading →

What Will the Most Used 1099 2020 Forms Be?

This filing season will look a bit different from years past, especially when it comes to 1099 2020 forms. As a result of unclear filing deadlines and an influx of Americans working as independent contractors, the 1099 MISC form 2020 may not be the most important of the year. While it
Continue Reading →

Deciding When to Use A 1099 Instead of W2

There are a few reasons why an employer might give an employee a 1099 instead of W2. But it’s easiest to make this decision when the employer understands the functions of each form. To do so, employers must correctly classify employees and independent contractors. Then, the distinctio
Continue Reading →

A Guide to the Types of 1099 Form 2018

The new year may mark the start of new beginnings for many, but those filling out their 1099 forms may see this time of year in a different light. Whether you are an accountant or going through the filing process for your business, it is important to keep in mind the most common types
Continue Reading →

How to Find the Best Restaurant Payroll Software

Make the organizational and tax process easier with the best restaurant payroll software available. Advanced Micro Solutions has everything a business needs in a restaurant payroll software.     Improve and support staff morale with impeccable data management and flexible pa
Continue Reading →

Can I File W2 and 1099 Separately?

You are not alone if you find yourself asking, “Can I file W2 and 1099 separately?” In short: No. Many employees on company payroll end up accumulating multiple income sources. A “side hustle,” as part of the larger gig economy, is one or more part-time jobs that adds to a person’s ov
Continue Reading →

Are Bonuses Included in W2 Filings?

If you have paid a bonus to employees sometime during the tax year, you may wonder: Are bonuses included in W2 filings? In short: Yes. An employer should report bonuses paid to an employee in box 1 of a W2. However, this can get a little complicated. The following guide will walk you
Continue Reading →

What You Should Prioritize in an Agriculture Payroll Software

Knowing what you need out of an agriculture payroll software is a key part of finding a software provider. Managing a farm comes with a lot of responsibilities, including accurate bookkeeping and payroll for your employees. AMS has many great features that make your job easier. An exc
Continue Reading →

Important 1042-S vs W2 Differences, Explained

The differences between 1042-s vs W2 might feel confusing. Employers use both forms to report wages – sometimes one of them, sometimes the other, and sometimes both. Your filing requirements depend on your employees’ statuses. Therefore, it’s a good idea to understand how both forms w
Continue Reading →

What is the Best Payroll Software for CPAs?

The best payroll software for CPAs is a simple, easy-to-use, and reliable tool. But finding the right payroll software is important for any company. For a reliable certified public accountant, knowing what to prioritize in a payroll software is also the key to a successful business. R
Continue Reading →

Important Features for the Best Small Business Payroll Software

If you are running a small business, you are constantly evaluating necessity versus excess. That distinction is important when it comes to finding the right payroll software. Knowing which features are essential is the key to finding the right software. Advanced Micro Solutions offers
Continue Reading →

What are the Employer Benefits of 1099 vs W2?

The benefits of 1099 vs w2 is a question that remains slightly confusing, with valid arguments on both sides. It has also become even more relevant in the past year, especially given remote work’s rise. The question remains: Is it more beneficial to input workers in your payroll syste
Continue Reading →

Everything You Need to Know About 1099 OID Refund Fraud

The 1099 OID is an increasingly common form. Also known as the Original Issue Discount, it is used to report income generated from specific forms of interest. This applies to the following cases: For any person for whom an individual withheld and paid any foreign tax on OID If the ori
Continue Reading →

Windows Update Causing Printing Issue

Microsoft has released the following information, which explains what needs to be done in order for the customer to see if their issue is the same as the reported printing issue and possibly fix it, was taken from https://docs.microsoft.com/en-us/windows/release-health/status-windows-
Continue Reading →

How to Locate and File a 1099 B Form 2018

The 1099-B form, also known as the Proceeds from Broker and Barter Exchange Transactions form, is used to report certain types of payments. Brokers and barter exchanges should distribute forms for each transaction in which they sold stocks, options, forward contracts, regulated future
Continue Reading →

What You Need to Know About the 2020 Nanny Tax Threshold Increase

In 2019, the Social Security Administration announced that the 2020 nanny tax threshold would increase by $100. That increase brings the coverage threshold to $2,200. The federal government requires household employers to pay the nanny tax. This specific tax pertains to people who wor
Continue Reading →

Make Finding Free Fillable 1099 MISC form 2016 Easier to Find

If you are expected to distribute a free fillable 1099- MISC form 2016 and feel nervous about keeping all the back-filing in order, there is a solution. Back-filing can be made easier with the help of tax software. Advanced Micro Solutions offers tools to help keep tax information, pa
Continue Reading →

What to Know About SSA 1099 2020

If you receive Social Security benefits, the SSA 1099 2020 form should be on your radar for this tax season. We put together this guide to give you the relevant details, like when you should expect to receive the form and what to do if you have not received it. While you do not have t
Continue Reading →

When Can You 1099 an Employee?

The answer to, “when can you 1099 an employee,” is a complicated one. The differences between 1099 and W-2 workers aren’t always obvious, and new legislation is changing previous classification. In general, a 1099 worker provides a service for a limited period. A W-2 worker is a forma
Continue Reading →

The Significance of 2017 MISC 1099 Forms

The Internal Revenue Service is known to update its tax forms. All business owners should pay attention to any updates as tax deadlines approach, or even for future tax seasons. One of the most notable changes is to the Form 1099-MISC. For 2017 misc 1099 forms, there are multiple reas
Continue Reading →

Has the 1099 Form Independent Contractor 2018 Changed?

If you are familiar with sending out 1099 tax forms for your business, you know the tax season deadlines. You also know it is important to know about any changes to the forms. The changes can, and oftentimes do, include which is the up-to-date Form 1099 to distribute to workers. Most
Continue Reading →

A 1099 DIV Form 2018 Slipped Through the Cracks. Now What?

Business tax season may feel like it is far in the future. However, knowing which forms you should expect is important. If you are expecting any 1099 forms, you should keep track of expected forms that businesses are sending to you. If you realize that a company did not send you a 109
Continue Reading →

Why You Still Might Use Printable 1096 Form 2020

A printable 1096 form 2020 may seem like a relic of the past, but many businesses still file manually. The form is used frequently by businesses to hire contractors. While this is an increasingly common practice, paper filing is not. Still, if you have a small business and need a refr
Continue Reading →

How Has IRS 1099 Form 2017 Changed?

The IRS 1099 form 2017 is different from the current version of the 1099-MISC. IRS tax forms can be variable from year to year. While the changes are not always big, you should be aware of what is different to ensure sure you complete the forms correctly. 1099 forms have seen some cha
Continue Reading →

Where You Can Find 1099 Form 2019 Printable Options

Before you can begin the work of filing taxes, you need to ensure you have the forms you need. For those back-filing, however, it can take a bit more work to get the documents required. If you’re looking for 1099 form 2019 printable versions, you won’t be able to stride into your loca
Continue Reading →

What is the 1099 statute of limitations?

In most cases the 1099 statute of limitations is three years. Those three years begin on the due date of the return or the date on which it was filed – whichever is later. So, if you file your employees’ 2020 1099-misc on time, on January 31, 2021, the statute of limitations will expi
Continue Reading →

How To Find Fillable 1099 MISC Form 2018

Filers working through back taxes will need to know where to find fillable forms from previous tax years. The IRS does keep fillable forms on their website from years past, but they only host downloadable files for certain years. We know that back-filing taxes can be stressful, so we
Continue Reading →

Has the 2018 1096 Form Changed at All?

If you or your business has not made the transition to filing taxes electronically, there is no time like the present. If you are still not convinced, it is quite possible that the prospect of filling out a stack of 1096 forms might tip the scale. However, if you still do not feel rea
Continue Reading →

Where Did We Get 1099 MISC 2018 Fillable, and Where Can We Find 1099-MISC Now?

Not too long ago, there was a time when individuals and businesses who were filing their yearly taxes needed to go to an office supply store. The supply stores were where they could get their tax forms, including the 1099 MISC 2018 fillable form. Today, the picture is slightly differe
Continue Reading →

Finding 2019 1099 MISC Forms Online and In Stores

Tracking down the correct forms for a filing year is one of the trickiest parts of back-filing taxes. This is especially the case with 2019 1099 MISC form, as the IRS changed the form in 2020. Following the reintroduction of the 1099 NEC in 2020, the 1099 MISC no longer reports nonemp
Continue Reading →

How Does the 1099 MISC Tax Form 2018 Differ Today?

When it comes to filing your taxes for the most recent year or retroactively filing, it is important to keep in mind any form changes. For all the tax forms, the Internal Revenue Service will list instructions for each year’s form and include any differences from the previous year. Pe
Continue Reading →

Answering FAQS About 2018 Form 1099

If you’re filing 2018 Form 1099, you probably need a refresher on filing requirements. The IRS has made a few changes to the form, and if you have an older version, you may accidentally file incorrectly.  In the explainer below, we’ll answer some of the most common questions we get ab
Continue Reading →

What to Do If You Didn’t Receive a Social Security 1099 for 2017

If you are just realizing that you did not receive a 2017 social security 1099 form, there is no need to panic. There is also no need to make a special trip to the nearest field office. Thanks to the internet and the Social Security Administration, it is easier than ever to request re
Continue Reading →

Easy Instructions for Filing Form 1099 MISC 2020

2020 marks a slight change in IRS filing requirements. If you’ve filed a 1099-MISC in the past, these changes probably apply to you or your business. Before 2020, you likely filed a 1099 MISC for reporting both your miscellaneous payments and all non-employee compensation. Now, the IR
Continue Reading →

Comparing 1099 2020 Forms: 1099-MISC and 1099-NEC

If you file 1099 forms, you might have noticed a change this year. The IRS has changed 1099 2020 form requirements for those who need to file for contracted workers. Before 2020, businesses who hired independent contractors filed a 1099-MISC form to report those payments. This year, h
Continue Reading →

How to File W2 and 1099 from Different Employer

While this won’t be a problem for most, some AMS users may be curious about whether they can file W2 and 1099 from different employers. The short answer? Yes, you can file W-2 and 1099 forms from different designated employers within the AMS system. The process is easy and does not ta
Continue Reading →

When to Use the 2020 1096 Form

It’s never too early to start preparing for tax filing season. The 2021 tax filing season for 2020 tax returns begins in February. Whether your business plans to file its 2020 tax returns using paper or electronic forms, there are certain updates and information to make sure you know
Continue Reading →

How to Best Manage a Social Security 1099 for 2020

If you are a personal accountant working specifically for elderly individuals or nursing homes, you’re likely no stranger to the SSA 1099 form 2020. As you begin to prepare for another tax filing season, there are certain things worth keeping in mind. Additionally, there is certain in
Continue Reading →

940 E-Filing – California Payers

When E-Filing the 940 for a California Payer, an error will occur, “Form 940 – Either the element ‘VIFUTA Wages’ is missing or out of rder , or the element ‘CAFUTAWages’ is invalid’”. This is corrected by downloading Version E-3. or higher.
Continue Reading →

State 1099 E-Filing Tips

Before E-Filing 1099 forms to the State, the State information must be filled out in the State/Payer’s State No. box on the 1099 Form. This also needs to be formatted a certain way. For example: NJ/123-123-123/000 On the 1099-NEC form it goes in Box 6, the 1099-MISC form, Box 16 and t
Continue Reading →

Incorrect Addresses

AMS customers have concerns about the Mailing addresses for the 1099 forms. Be assured that AMS is using the most current Mailing Address instructions for the 1099/1096 forms. Currently in Version E-3.0 (or higher), in the 1099-Etc software, we are using the addresses found in the 202
Continue Reading →

What Happens if You Submit a Late 1099?

There are more independent contractors working now than ever before. If you own a business, no matter its size, you will likely need to prepare a 1099. If you need to prepare just one version of a 1099, you may think it will be okay to skip the process. However, the IRS keeps close ta
Continue Reading →

Do I need to file a 1099 for a caregiver?

The 1099 form is complicated, and some people may be wondering if they should file a 1099 form a caregiver. Increasingly, families and individuals are relying on independent caregivers, especially amid the novel coronavirus pandemic. If your family recently switched over from a nursin
Continue Reading →

How to Fill Out 1099 MISC with AMS

If you’re a new employer, you may not know how to fill out 1099 misc. Those just starting a business may be relying on 1099 work rather than w-2 employees. As a result, it is essential to know how to fill out 1099 misc early in your small business’s life. This is one of the first tax
Continue Reading →

Where to Get a Printable 1099 Form 2020

There are a number of rules to follow when tax filing season commences. Some of the rules and guidelines can feel especially overwhelming if your business is small or is getting off the ground. However, in order to avoid any unnecessary penalties, it is important to know the places wh
Continue Reading →

Switching from a Blank 1099 Form 2020 to Digital Software

The coronavirus pandemic has changed the ways many offices operate. When it comes to filing your business or trade’s 2020 tax returns, re-evaluating previous standard proceedings should be a priority. Now, as more 1099 forms are being filed by both large and small businesses this year
Continue Reading →

Tips for New Employers and Businesses with Payroll

If you’re just starting a business, payroll might not be at the top of your to-do list. As a new business owner, you likely have dozens of other tasks to complete – securing your business license, getting a taxpayer number for your new entity, and securing any leases you might need to
Continue Reading →

Do I need to issue a 1099 gift form?

Form 1099-MISC has wide and varied uses. From specified income payments to crop insurance proceeds, this form is a catch-all for most forms of non-employment compensation. The IRS has announced that the 1099-NEC is going to be available in the very near future. This means contracted i
Continue Reading →

Does Form 1096 2018 Still Matter?

This is a rare situation in which an old form does not matter. Form 1096 2018 does not need to be used anymore. Even if an individual or business is submitting other 2018 forms, they can use the most updated iteration of form 1096. Known as the Annual Summary and Transmittal of U.S. I
Continue Reading →

Received a 1099 G form 2018? Here’s What to Do.

The 1099 G form is distributed exclusively by state, federal, and local governments. For this reason, few personal or private accountants will need to worry about preparing it. However, many tax and wage professionals manage finances for businesses, organizations, and individuals who
Continue Reading →

My Client Never Received a 1099 R 2018. What Should I Do?

The 1099 R 2018 is similar to the 1099 R forms distributed today. The document is given to each person to whom an organization has made a distribution of $10 or more, most often from retirement plans. Typically, these forms are distributed by banks and organizations who hold retiremen
Continue Reading →

How to Handle a Paypal 1099 K 2018

If you or a client did not receive a Paypal 1099 K 2018, it is important to contact the company to receive a copy. Known as the Payment Card and Third-Party Network transactions form, the 1099 K is used often by Paypal, as well as credit card companies and other third-party processers
Continue Reading →

My 1099 OID 2018 is Late. What Do I Do?

If you neglected to file 1099 OID 2018, you should file as soon as possible. Most 1099 forms have a three-year statute of limitations. As a result, the IRS can levy a penalty or fine for a missing or incorrect form for three years after the initial deadline. If your organization or bu
Continue Reading →

Is the Lyft 1099 form 2018 Different in 2020?

Yes, the Lyft 1099 form 2018 is different from the forms drivers will receive in 2020. The increasing number of independent contractors in the United States, as well as some deadline confusion, has led the IRS to resurrect the 1099-NEC form. Now, those who earn wages as non-employment
Continue Reading →

Do I file a 1099 form 2019 for Employees?

No, employers and businesses should not file 1099 form 2019 for employees. Instead, they should file a W2. The difference can be a bit difficult to navigate, especially for new business owners. Additionally, these categories can shift – what is considered an independent contractor in
Continue Reading →

Can I still submit a 1099 correction form 2018?

In short: Yes, you can still file a 1099 correction form 2018. Mistakes happen, especially at small businesses. Without the ability to hire a full-time accountant or accounting team, keeping tax and wage forms straight can be a challenge. If you discovered a mistake on a 1099 form fro
Continue Reading →

Which 1099 Contractor form 2019 is Changing?

The 1099 contractor form 2019 is shifting. The American tax code changes frequently, but it doesn’t often affect the two major wage forms: the 1099 and W-2. But this year, 2020, has brought some major changes to life in the United States, and the way we do taxes is no exception. Start
Continue Reading →

Which 1099 tax form 2019 should I use?

For the first time in several years, 1099 forms have changed in a way that will significantly impact most users. Starting in the 2020 tax filing year, most businesses will distribute the 1099-NEC, rather than the 1099-MISC, to contractors. This form, also known as the Non-Employment C
Continue Reading →

Understanding Real Estate Transactions: 1099-S Instructions

If you’ve recently participated in a real estate transaction, you’re likely in need of 1099-s instructions. The 1099-s, or the version of the form used for Proceeds from Real Estate Transactions, is used when reporting the sale, purchase, or transfer of real estate property. However,
Continue Reading →

Will the IRS catch a missing 1099-misc?

The Internal Revenue Service is a notoriously underfunded and understaffed department of the United States Government. Still, they are responsible for processing, auditing and double-checking financial records for each person in the country, as well as distributing tax refunds at the
Continue Reading →

Where Can I Get a 1099 for 2017?

The IRS provides an online PDF of the 1099 for 2017. Those who need to reference the form or fill it out for personal record-keeping should be able to print this PDF directly from the website. However, remember that paper forms are scanned during processing. This means preparers canno
Continue Reading →

Looking for a 1099 Form 2019 PDF? We Can Help

The 1099 form 2019 PDF is available online from the IRS. The agency keeps all previous file versions on-hand and available to download. This is especially helpful for people filing late or by hand. However, those searching for a 1099 form 2019 PDF are likely doing so because of a late
Continue Reading →

Is the 2019 Form 1096 Still Important?

The 2019 form 1096 is an interesting document to deal with. In general, form 1096 is used to transmit certain paper forms, including: 1097, 1098, 1099, 3921, 3922, 5498, and W-2G. In other words, this form accompanies however many physical copies a business owner or accountant is fili
Continue Reading →

How to Access Your Social Security 1099 for 2018

The time to receive Social Security 1099 for 2018 has come and gone. That said, there are a few reasons why an individual may need access to this form. In some rare cases, the SSA may not have sent out the form in the first place. This situation would render incorrect tax returns, whi
Continue Reading →

What is the SSA 1099 Form 2019?

SSA 1099 form 2019 is a Benefit Statement. These forms are mailed out by the IRS each year to those who pay taxes on their Social Security benefits. The form shows the total amount of benefits an individual has received from Social Security for the previous year. Seniors and those who
Continue Reading →

Instructions for Late 1099S 2019 Form Filings

The 1099S 2019 form hasn’t seen a change in many years. This form, which is used for indicating the sale, purchase, or transfer of real estate property, is filed to determine the sale’s effect on capital gains tax, tax deductions, and other adjustments that may be made. The 1099-S can
Continue Reading →

Where to Find a Printable 1099 Form 2019?

Printable 1099 form 2019 are widely available. All 1099 forms are available on the IRS website, and they can be printed out from home. This is true for both 2019 and 2018 1099s, even years later. However, it is important to remember that each 1099 filing needs several copies of the fo
Continue Reading →

How Late Can You File a 1099 Form 2018?

The deadline for 1099 form 2018 has come and gone, but employers can still file this with the IRS. While this form’s due date was January 31, 2019, business owners can technically file these forms at any time. However, the IRS has up to three years to levy penalties against late or in
Continue Reading →

The 1099 MISC 2019 is the Last Time You’ll Use “Box 7”

The growing number of 1099 contractors has forced the IRS to adjust how payments are reported. Prior to 2020, employers needed to include this non-employment compensation in Box 7 of the 1099 form. This led to some confusion, as different parts of the 1099 – including the 1099 MISC 20
Continue Reading →

What Do I Do with My 1099 SSA 2018?

In all cases, the Social Security Administration is the only entity that needs to distribute a 1099 SSA – even a 1099 SSA 2018. Still, even governmental organizations can make mistakes. If you, a client, or a family member did not receive a 1099 SSA in 2018, you should contact the Soc
Continue Reading →

My 1099 C Form 2018 is Late. Can I Still File?

In short: Yes, you can still file a 1099 C form 2018 after the deadline. Filers typically have around three years from the original deadline to file the forms they need. Until that time, the IRS can impose fines and fees. If you neglected to file a 1099 C form 2018 and only just reali
Continue Reading →

Advanced Micro Solutions Supports 1099 K Form 2018

When a company neglects to file a form on time, a few things can happen. Sometimes, the IRS pursues the company and levies a penalty immediately. Other times, this organization doesn’t take notice for several years. Other times still, the company’s software tool no longer supports pre
Continue Reading →

Is There a Free Fillable 1099 MISC Form 2018?

Yes. Accountants and business owners who need to send out 1099-MISC forms – even from 2018 – can access free fillable 1099 MISC form 2018 from the IRS’s website. Users may also use this file as a free printable 1099 form 2018. Here’s the real question: Should you use the free printabl
Continue Reading →

Where Can I Buy a Blank 1099 Form 2019?

Blank 1099 form 2019’s are still widely available. Typically, business owners and payers can source blank form copies at office supply stores. However, if you are filing late, they may be slightly more difficult to find. If you’re still looking for a blank 1099 form 2019 in late 2020,
Continue Reading →

It’s 2020, But You Can Still File 1099 MISC 2018

We know that accountants and small business owners can’t always spend their time on tax and wage tasks. With so much else going on – making a profit, hiring the right people, and keeping a business afloat – some tasks are bound to fall by the wayside. For some, this could mean forgett
Continue Reading →

When Can I File Form 1099 MISC 2019?

If you are filing form 1099 misc 2019 in 2020 or 2021, you still have time to prepare and submit the form. The statute of limitations for most tax and wage forms is three years. During this time, the IRS can impose a fine or fee for late or missing forms. If the IRS has not already fi
Continue Reading →

What Happens if You Don’t File a 2019 1099 Form?

In many cases, the answer is simple: You’ll receive a fine. Each year, the IRS matches 1099 forms with tax returns. If a business does not report a 1099, the organization will pursue the individual for taxes owed – even if that individual never received a 1099 from the payer. As a res
Continue Reading →

Everything You Need to Know About the 1099 INT 2018

It can happen to even the most diligent accountant or payroll manager. When tax filing season rolls around, you get most of your forms out to their respective recipients. But, often, something slips through the cracks. In some cases, it’s a 1099 MISC that is unaccounted for. Other tim
Continue Reading →

Is the 1099 Form Independent Contractor 2019 Document Still Relevant?

If an employer has not yet filed a 1099 form independent contractor 2019, they should do so as soon as possible. The statute of limitations on most 1099 forms is three years. This means the IRS has three years from the original deadline to impose fines and penalties against those who
Continue Reading →

Finding the Answers to 1099 FAQ with AMS

The internet is full of 1099 FAQ pages, but that doesn’t mean they have the answers you need. The 1099 is a complicated, important form, and most frequently asked questions are specific to how preparers fill them out. We think the best way to share a 1099 FAQ is to make it specific to
Continue Reading →

Can You Handwrite a 1099 Form?

Very small businesses and those with few contracted workers commonly ask the question: Can you handwrite a 1099 form? The short answer: Yes. Technically, you can fill out 1099 forms by hand if you meet the pre-set guidelines. However, if you’re thinking about handwriting a 1099 form,
Continue Reading →

South Dakota Business Registration Forms and New Hire Reporting

It’s an exciting time to start a small business, especially in the Mount Rushmore State. But while this can be an exciting time for new business owners, it also requires a lot of focus and patience, especially when it comes to those pesky South Dakota business registration forms. Whil
Continue Reading →

Find the Rates and Calculate Your South Dakota Payroll Taxes

Payroll taxes are the most tedious but essential aspect of running a business. Between figuring out how much your business owes and how much to withhold, business owners likely spend a lot of time on accounting. If you’re a small business owner, this means you could be performing two
Continue Reading →

Ready to Register a Business in Texas? Let Us Help

Starting a small business in Texas is a fantastic idea. The combination of geographic location, a highly skilled workforce, a low tax burden, and an affordable cost of living makes for an excellent business start-up climate. If you’ve been meaning to register a business in Texas, we d
Continue Reading →

Starting a Business in Utah? Get AMS Payroll Software

If you want to start a new business, you’re probably looking for ways to save time and get ahead. We don’t blame you; starting a business in Utah can be a big undertaking, especially if you’ve never run a small business before. The State’s website has a great resource for aspiring bus
Continue Reading →

How to Order 1099 Forms from IRS

Ordering 1099 forms isn’t as difficult as you might think. If you need to order 1099 forms from IRS, simply use the agency’s website. Employers should note that there are some quantity limits. If you’re running short on time, most employers should be able to buy 1099 forms without ord
Continue Reading →

Can You 1099 an Employee for a Bonus?

Can You 1099 an Employee for a Bonus? Bonuses are a different form of payment and are subjected to their own tax and wage rules. In short, employee bonuses are always taxable as employee benefits and are therefore subject to employment taxes. Additionally, employers must include bonus
Continue Reading →

Your Guide to Texas Employment Law

Texas employment law can be difficult to define, but it is essential that all employers follow it closely. As a Texas small business owner, you are subject to a range of laws that curb and restrict who you can hire and how they are paid. Below, we have included a brief overview of Tex
Continue Reading →

Fixing Errors with 943-X and Payroll Software Support

Form 943-X is an extremely helpful form for those who need it. If you’ve ever made an accounting or calculation error on your 943, you’ve encountered this form. 943-X has a simple use: to correct errors previously filed with Form 943. Also known as the Adjusted Employer’s Annual Feder
Continue Reading →

Is There a Difference in 1099 Tax Rate vs W2 Tax Rate?

If you’re a new business owner, you probably have some questions about the 1099 tax rate vs W-2 tax rate. While you may have paid a contracted worker the same as an employee, their tax and wage forms will look different. This can be confusing, especially if you don’t have much experie
Continue Reading →

Find Payroll Software Solutions for Form 943-A

Form 943-A is a straightforward form, but needing to fill it out often points to a larger need. Also known as the Agricultural Employer’s Record of Federal Tax Liability, form 943-A is a required form for all agricultural employers who are semiweekly depositors or who became one becau
Continue Reading →

Get Schedule 941-D and More Form Filing Software Support

If you’ve ever experienced a business reorganization, paid an incorrect amount on withholding tax, or had a financially confusing year, you’ve likely filled out Form 941-D. This form, also known as the Report of Discrepancies Caused by Acquisitions, is used to explain potential discre
Continue Reading →

Prepare the 941 Payment Voucher and Other Forms with AMS

The 941 payment voucher is an easy form to understand. Users must submit Form 941-V if they are making a payment alongside Form 941. The IRS then uses the completed voucher to credit the payment accurately and promptly. If you have withheld federal income taxes, you must pay those amo
Continue Reading →

How to File Your Federal Unemployment Payment Voucher

The Federal Unemployment Payment Voucher is used to supplement payments made with Form 940. It must be mailed alongside Form 940. This payment voucher should take just seconds to complete, but if you’re looking for voucher support, you’re likely in need of a software solution for Form
Continue Reading →

Understand and Prepare the Federal Unemployment Payment Worksheet

The Federal Unemployment Payment Worksheet is used to calculate your credit. This is a helpful tool for employers who paid any state unemployment tax late, as well as employers for whom some paid wages were excluded from state unemployment tax. To complete this worksheet, you will nee
Continue Reading →

How Does 1099 FIRE Filing Work?

1099 FIRE is the system the IRS uses for electronic filing. FIRE, an acronym for “Filing Information Returns Electronically,” is the fastest, most accurate way to file any form with the IRS. This system can help employers file and report 1099 forms with several advantages: Files are p
Continue Reading →

AMS Payroll and Software Tools for Form 940 Schedule A

940 Schedule A is increasingly used by employers. The form is designed for multi-state filers, allowing employers to list each state where they have employees. The document also allows businesses to make a distinction between FUTA taxable wages for the state, as well as a reduction ra
Continue Reading →

Form 940 is Less Daunting with AMS Payroll Software

Form 940 is an information-heavy document. The form requires several important figures from throughout the year, including the total payments made to all employees, payments exempt from FUTA tax, and FUTA liability for each quarter. To complete this form, employers will need robust pa
Continue Reading →

File Form 943 More Easily with Accounting Software

Form 943 is an oddly specific federal form. Also known as the Employer’s Annual Federal Tax Return for Agricultural Employees, this form is used by employers who paid wages to farmworkers that were subject to social security and Medicare taxes or federal income tax withholding. Like o
Continue Reading →

How the Tax Filing Extension Might Affect You

If you’re a small business or accountant, the bulk of your tax work is likely already out of the way. For most employers and accounting professionals, January is the busiest part of tax season. Between sending out W-2s and 1099s, calculating year-end totals, and figuring out which for
Continue Reading →

best live chat