The way you decide to utilize an E-Filing system will depend on your industry, type of department, and the size of your company. Even if specific tax forms must be mailed, there are still options that will help to reduce your global footprint and rely less on a paper-only system and its potential issues.
Aside from saving on time and resources, E-Filing can also include services such as TIN verification and correction filing. With E-Filing, you’ll also be less at risk for penalties from the IRS. Find out more about 1099 filing penalties here.
eFile360 supports 1099, 1098, W-2, and Affordable Care Act forms. Depending on the filing needs of your department and company, you can choose the relevant add-on services to fulfill your needs.
If you file with eFile360, you can choose from the following services:
- Mailing and E-filing
- E-Delivery
- Outsourcing
- TIN Checking
- Corrections Filing
- Combined Federal and State Filing
Correction Filing
Need a correction on a form from this year or the last three years? Don’t sweat it. eFile360 provides complete correction filing, whether you need it now or in the future. This service is offered for the same price as an original form filing.
TIN Checking
With our TIN Checking service, you’ll be helping yourself in preventing any penalties, tax withholdings, or B-Notices. Verifying the correct Tax ID of a recipient is crucial to submitting tax forms without issue.
As an add-on service, you’ll simply select the option for TIN Checking when you submit your forms. Prior to filing your forms, we check the tax IDs to verify that they match the correct ID and name. If there are any issues, we send the files back to you for additional verification. Once the IDs and names match, the forms are e-filed. This simple clarification can save loads of time on verification and eliminate the possibility of withholdings or other issues.
E-Delivery
Since the IRS requires that recipients receive either electronic or paper copies of 1099 forms, eFile360 offers an electronic delivery service, or e-delivery.
This add-on service can be included when you process and submit your forms. With the e-delivery service, your employees will then receive a secure, password-protected form via email. If the email recipient does not access their form, we’ll then mail them a paper statement. Check out our delivery options.
Combined Federal and State Filing Services
Depending on your state, you may be eligible to file both state and federal taxes at the same time. If your state is part of the Combined Federal and State Filing Program, you’ll be able to e-file both state and federal taxes. In order to find out if you’re eligible for combined federal and state tax filing, get in touch with your local or state government agency.
Outsourcing Services
In addition, you’ll want to check out our outsourcing services if you’re a business with many information return forms and need additional options.
No matter the nature of your business, paperless filing is a major benefit. Sign up for a free account and get started today.