2011 Form 1099-C
There are things you never forget how to do, ride a bike is one of them. But even though it’s something you’ll never forget how to do, you still might need to be reminded on how to do it. I did try,...
View ArticleForm 1099-CAP
There is a business out there that purchases big companies, and restructures them. These companies would need to send out 1099-CAP to all the shareholders in which the paid cash, stock or other...
View ArticleForm 1099-G
Form 1099-G is a familiar form to many Americans. This is the form you receive when you have income from a government entity. The main two reasons that people get this form is they either have...
View ArticleForm 1099-K
Form 1099-K, people are really talking about this little form (hey, I’m an accountant, we talk about tax forms a lot). For those of you who need some clearing up about who should file a 1099-K, I...
View Article1099-H
I was reflecting today about what the weather was like when I started blogging about forms. It was the middle of October and unseasonably mild for Portland. I’m pretty sure I hadn’t taken my winter...
View ArticleForm 3921 and 3922 Instructions Update
I think it was Albert Einstein that once said, “There are only two things in life you should be sure of; death and taxes.” Well, that may be the case but something else that I think he could have...
View ArticleForm 1099-LTC
You must send a 1099-LTC, Long Term Care and Accelerated Death Benefits if you paid any long-term care benefits, including accelerated death benefits during 2011. Most people who are responsible for...
View Article1099-Q
1099-Q Payments From Qualified Education Programs (Under Sections 529 and 530) is a form that needs to be sent out if you have paid from a Qualified Tuition Program (QTP), under section 529 to the...
View ArticleForm 1099-Q
When I play the game Scrabble I always hope to not get the letter Q. Although Q has a lot of points if you don’t have a U to go with it your pretty much screwed. Luckily, I rarely get the letter Q....
View Articlee-Filing Deadline is Fast Approaching
The deadline for e-Filing your 1099 forms to the IRS for 2012 is April 2nd. E-File Magic is asking that we receive all form submissions by April 2nd at 5pm Pacific to guarantee e-Filing by the end of...
View ArticleBulk TIN Matching Software
I don’t know anyone who loves getting a letter from the IRS (unless it’s a letter stating their was a mathematical error on their tax return and they are getting a bigger refund). And I also don’t...
View ArticleForm W2-G
Man, every time I go to Vegas I hope to win the car. You know what I’m talking about, it’s the shiny car sitting on top of the slot machines. I walk into the casino and think, “I feel lucky today, I...
View ArticleWe are Here to Help!
January is a month we love here at E-File Magic! It’s our busiest month, and we work all year to get the software and website ready for the 1099 Filing Season. You might think we’re strange, but we...
View ArticleChanges to Form 1098
The IRS has announced that mortgage insurance premiums will be treated as qualified residence interest. This provision did expire on 12/31/11, it has now been extended, due to The American Taxpayer...
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