IRS Opens eFiling for Tax Year 2024: File Your 1099s, W-2s, and 94X Forms Early with Tax1099

Don't wait any longer! Be the first in line to eFile with Tax1099, the most trusted IRS-authorized eFile provider.

FAYETTEVILLE, AR and DALLAS, TX / ACCESSWIRE / January 14, 2025 / The IRS has officially opened its doors to accept 1099s, W-2s, and payroll forms for the 2024 tax year. For businesses, accountants, and independent contractors, it's the perfect time to take charge of tax season. With deadlines approaching faster than you think, filing early will keep your business stress-free and avoid late filing penalties.

All businesses are required to issue a 1099 to any individual or business which you paid $600 or more during the calendar year 2024. The only exceptions are:

• If the payee is a corporation or a Tax-exempt Charity.

These 1099's must be issued no later than January 31, 2025 . Failure to file can result in penalties of up to $630 per form.

Why File Early?

Filing sooner rather than later helps you address any issues like rejections or corrections before it's too late. Plus, early filing minimizes the risk of penalties and ensures the forms are processed without delay.

Tax1099, a trusted IRS-authorized e-filing solution, is here to help you be first in line with:

• Quick Data Importing feature : Prepare and eFile tax returns with Tax1099 API, bulk data uploads, and integrate with 12+ accounting software such as QuickBooks and Xero.

Important Deadlines to Remember

The IRS encourages all taxpayers to file as soon as possible and reminds you to keep copies of your prior-year tax returns for at least three years. The filing deadline to submit 2024 Form 1099-NEC is January 31, 2025 .

• The deadline for filing W-2 Forms for Tax Year 2024 is also Thursday, January 31, 2025 . This deadline applies to both furnishing recipient copies and filing with the Social Security Administration (SSA), regardless of whether you file on paper or electronically .

Designed for US business owners, tax professionals, and entrepreneurs, Tax1099 is easy to navigate and streamlines the processing of unlimited forms for multiple companies at affordable pricing (with prices as low as $0.65 per form).

About Tax1099 : Tax1099, an IRS-authorized digital tax compliance service, simplifies tax filing for over 500,000 businesses nationwide. Offering 40+ federal and state-compliant electronic returns, 12+ data management integrations, API integration, secure document management, Bulk filing, TIN Matching, and 24/7 customer support, Tax1099 is a leading tax filing solution provider.?

About Zenwork Inc : Zenwork Inc., the parent company of Tax1099 and backed by Spectrum Equity, is a key player in digital tax compliance and regulatory reporting technology. With a decade of experience, Zenwork Inc. has assisted over 500,000 businesses and 30,000 CPA firms in simplifying compliance. Learn more about Zenwork and its products at www.zenwork.com, www.tax1099.com, and www.compliancely.com.?

Contact:

Ed Pratt
Zenwork Inc.
[email protected]

SOURCE: ZENWORK INC

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