Leverage real-time data management integrations available to import and organize your trading data
Review & validate your reports for tax and regulatory purposes prior to filing.
eFile your returns securely and download the proof of payment from the IRS
Accelerate your 1099-K reporting with Tax1099. Report your payment card transactions, third-party payment network transactions, and more with our ready-to-use digital tax solutions.
Learn MoreIf you offer brokerage services for crypto trading, all income from these transactions should be reported on Form 1099-B. Corporations making brokerage payments for crypto sales should also report proceeds on Form 1099-B.
Learn MoreIf you have paid in cryptocurrency or virtual assets to foreign nationals in exchange for their services or products or as pay, their incomes are subject to tax withholdings which must be reported on Form 1042-S.
Learn MoreForm 1099-R and Form 5498 report IRA activities, including rollover contributions, FMV, and SEP. If you made $10 or more in rollover contributions (in crypto or fiat related to crypto transactions), it should be reported on these forms.
Learn MoreThe crypto industry is certainly booming. Thousands of Americans invest in virtual currency hoping these assets do not affect their tax reporting. However, like every other asset, virtual currency brings in capital gains or losses which must be reported to the IRS to avoid non-compliance notifications and penalties.
The IRS is now aggressively tracking crypto exchanges and transactions to curb unreported monetary flow. This is pushing businesses to rely on poor 1099 reporting tactics, which are leading to hefty assessments for violation.
Virtual Asset service providers and crypto exchange businesses are now looking at reporting their user’s transactions accurately to avoid notices, penalties, and possible imprisonment.
Tax1099’s KYC/AML checks help companies stay compliant to combat fraud. These checks include W8/W9 processing and a TIN match search directly from regulatory reporting sources (i.e. the IRS) to verify what your user has provided.
In 2023, the IRS will require all Crypto transaction be reported. With an uptick in fraudsters using phishing scams to create fake profiles, Tax1099 harnesses the power of its regulatory checks to help companies prevent fraudulent activity and eliminate B-notices and fines from the IRS.
Our Rights and Workflow Management features help companies streamline processes by allowing you to add users to perform any combination of tasks including data entry, data review, form approval, form submission, and TIN checks.
As soon as you set-up your business profile, we help you verify your business details per the authorized records of the IRS and the new notices issued by the federal authorities. This automated protocol allows you to stay compliant throughout the course of your business.
Tax1099 allows users to manage and create unique profiles based off a user’s TIN or EIN, request a TIN check, and submit W8/W9s.
With a long list of smart integrations available, you can easily import all your data to our secure and encrypted platform. Edit the information anytime and limit the data accessibility rights.
Upload data for multiple forms and form types quickly with assistance from our Bulk Upload feature using Excel or CSV. Download a report to verify user data. eFile hundreds of thousands of forms quickly and efficiently.
Validate in real-time the identity of your vendor or customer against the IRS database. Reduce the year-end rush and improve your onboarding process.
In addition to 1099-B, our system eFiles various federal and state forms required by the IRS, including W2s, Forms 1099, Form 940, and many others. We also participate in the IRS’ CFSF(Combined Federal State Filing) program for many states so that your company can file state taxes with their federal taxes.
We have partnered with a variety of accounts and data management software application tools, such as QuickBooks, Xero, Sage Intacct, Fresh Books, Excel, Bill.com, Zoho, Accounting Suite, Entrata, and more to help you track and maintain real-time records of your reportable information.
We keep your information secure by encrypting it on our servers. Our hosting has passed SSAE-18 Type II certification. On our site, we protect data with 256-bit bank-grade security. Also, our two-factor authentication prevents hackers from accessing your data.
Tax1099 is a member of the BDO Alliance and won awards from BDO and Accountex. Accountex further rewarded Tax1099 with an ‘Accountex User Favorite’ award 2 years in a row for our unrelenting service and user-friendly interface.
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“The Tax1099 team took care of any issues when they were identified and did not stop working with me until everything was figured out. Getting this type of support is very important because of the deadlines for tax reporting. The Tax1099 teams’ commitment to following through is deeply appreciated!”
Financial Benefits Administrator
“I created my free account and made a mistake while filing. I reached out to the team and they were very patient with me and worked with me to fix the problem. The team responded quickly to me and would send updates on what was going on as they were fixing it. I really appreciate their help!”
Tax1099 User
“I really was impressed with the support Tax1099.com provided at a time when I knew they were super busy.”
Director of Finance
“The Tax1099 team took care of any issues when they were identified and did not stop working with me until everything was figured out. Getting this type of support is very important because of the deadlines for tax reporting. The Tax1099 teams’ commitment to following through is deeply appreciated!”
Financial Benefits Administrator
“I created my free account and made a mistake while filing. I reached out to the team and they were very patient with me and worked with me to fix the problem. The team responded quickly to me and would send updates on what was going on as they were fixing it. I really appreciate their help!”
Tax1099 User
“I really was impressed with the support Tax1099.com provided at a time when I knew they were super busy.”
Director of Finance