The 411 on Laser Tax Forms

Laser 1099 tax forms, laser W-2 forms, as well as tax form envelopes from Checksforless.com can save you time and money!

 

While tax forms can seem to be both confusing and daunting, Checksforless.com can help break it down into something more understandable for the average small business owner. For more specific financial advice, please refer to your accounting professional. In the meantime, let’s talk laser tax forms!

First and foremost, you need to be aware of the benefit of using laser tax forms. Laser tax forms are paired with your existing accounting software program, such as QuickBooks® and Peachtree®. These accounting programs already contain a large portion of your financial information, so laser 1099 forms and laser W-2 forms can be filled out quickly, easily, and accurately. After all, who doesn’t want to make the tax filing process easier? Now, let’s take a look at the most commonly needed tax forms – the 1099 and the W-2.

Laser 1099 Tax Forms

If you pay independent contractors or freelancers more than $600 each tax year, the payment needs to be reported to the IRS through filing a 1099 form. This completed form should be delivered to all independent contractors by January 31. The contractors will then pay income tax on those earnings. Checksforless.com offers laser 1099 tax forms that are paired with existing accounting software programs, as well as continuous 1099 forms continuous 1099 forms, available for order online.

Laser W-2 Forms

Your organization must complete W-2 forms for all employees, reporting wage and salary information for each individual. The W-2 form reports the amount of federal, state and other taxes withheld from employee paychecks. All employees need this essential information when filing taxes with the IRS. This form should be delivered to employees no later than January 31 following the close of the tax year, which is typically December 31. Employees must attach a copy of the W-2 forms when submitting tax returns. Checksforless.com offers laser W-2 forms that are paired with existing accounting software programs, as well as continuous W-2 forms continuous W-2 forms, available for order online.

Don’t Forget About Additional Tax Forms and Tax Form Envelopes

Depending on your business, you may require a variety of different tax forms. Please refer to the IRS or confirm with your tax preparer for individual requirements and to ensure you are fully compliant. Above all, make sure you know exactly what you need ahead of time, and don’t wait until the last minute – especially if your complex structure requires many different tax forms. And, don’t be late in filing – keep April 15th front and center!

Checksforless.com is a full-source supplier of tax forms with a complete line of W-2, 1099, and Miscellaneous Forms (i.e. laser 1098 Mortgage Interest Forms, Transmittals, etc). Additionally, tax form envelopes (gummed and self seal) are available with W-2, 1099, and 1098 compatibility. Laser forms, in addition to the tax form envelopes, can save you time and money in this typically tedious filing process – especially when you already have the existing accounting software (and its investment) in place.

Additional formats, quantities, and bulk packaging are available, so please call or chat directly for more details. For more general tax time tips, please feel free to check out our “Tax-Time Tips: April and Beyond” article. Please remember to refer to your accounting professional for more specific financial advice and tax time preparation requirements.

This article is made possible by Checksforless.com For more than 35 years, Checksforless.com has provided over 500,000 businesses with high quality business checksdeposit slips, and other banking supplies with easy ordering and fast production times; all at the guaranteed lowest price in the nation. Our discount business checks are easily customizable and compatible with over 4,500 software programs including QuickBooks® and Peachtree®. Email or call us toll-free at 800-245-5775 or visit us online at Checksforless.com

General Disclaimer:

The Checksforless.com blog and all other related content is intended to provide general information and should not be construed as tax, accounting, legal, consulting, or any other type of financial advice, nor should they be construed as advertisements for financial services.

References:

https://turbotax.intuit.com/tax-tools/tax-tips/Self-Employment-Taxes/What-is-an-IRS-1099-Form-/INF14810.html

https://turbotax.intuit.com/tax-tools/tax-tips/IRS-Tax-Forms/What-is-a-W-2-Form-/INF14812.html

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