How to E-File Federal and State Tax Return Together?

The Federal/ State E-file program lets the taxpayers to file both the federal and the state tax returns together. For this, about thirty-seven states in the U.S and the District of Columbia joined with IRS to let the tax filers e-file their federal and state tax return at the same time. How does this program work? When the taxpayer uses the state or federal E-file, the e-filing software collects the data from the user and put them...

IRS debuts draft of 1099-NEC to Replace 1099-MISC box 7

Recently the IRS released the draft of 1099-NEC, which is considered to be the replacement of Form 1099-MISC Box 7 to report the non-employee compensation and Box 9 to report the direct sales about $5,000 or more. The NEC can reduce the confusion caused after the passage of the PATH Act in 2015. As per the PATH Act, the deadlines to report Form 1099-MISC Box 7 is dated from 31st March to 31st January. But the end...

How to Pay the Truck Tax – Payment Ways to E-File Form 2290

It’s high time and truckers are racing against the clock to complete their e-filing 2290 before the deadline. All truckers are aware of their deadlines and are busy as bees in the e-filing process. It is time to know the various payment options available for paying HVUT in minutes. Let’s run through few pointers about how to pay the truck tax and payment methods to e-file form 2290.  Payment Ways to E-File Heavy Vehicle Tax Form 2290...

Tax-exempt organizations: 990s, other forms due July 15

An IRS Form 990N and non-profit tax-exempt organizations are to be aware as your most crucial deadline are approaching. Tax-exempt organizations must file annual details return to the IRS annually. All of you must be aware that Form 990 filing is electronic and no paper filing is agreed. Form 990 series and certain other forms were provided with a deadline extension by April as announced by the IRS. The due date is approaching and it’s time for...

Frequently Asked Questions about Economic Impact Payments

Corona virus Aid, Relief and Economic Security Act (CARES Act) has sent the Economic Impact payment to most of the Americans, by this time. Still, the Internal Revenue Service calculates the impact and prepares to send the payments to the eligible persons. But, certain individuals need to send some additional information to the IRS in order to receive their payment. Hence, in this blog let us discuss some of the most frequently asked questions that are relevant...

Tax2efile Data Breach Press Release Statement

Tax2efile – a US-based company investigated the data breach report and confirmed the data was engineered data for internal migration testing. As per the company spokesperson, none of their customers were impacted by the data breach on the initial investigation. Our data infrastructure is safe, robust and complies with Federal IT and IRS safety and data security requirements. We have engaged with a leading Cyber Defense Firm and reported the incident to Federal Bureau of Investigation (FBI)...