Tax2efile Blog - IRS Authorised Tax e-Filing Services

DEPARTMENT OF LABOR Set to define Employee or Independent Contractor

Independent contractors are those employees who are free from supervision and direction from their employers and do not have any control over the performance of their duties. They are generally in business for themselves, offering their service to the general public. Independent contractors have an established business, assume risks for their loss and profit, set up their schedule, and are also free to refuse work offers. The difference between the employer-employee relationship and the employer-independent contractor relationship...

How to Renew Your IRS PTIN by the December 31st Deadline?

The PTINs will expire on December 31st of each year. The renewal process of PTIN will begin in mid-October every year. Tax Payers can renew online by logging into their PTIN account or by submitting the Paper Form of W-12 will the renewal box checked. The process of online renewal takes about 15 minutes. Paper renewal takes about 4 to 6 weeks to process. What is PTIN? The PTIN is also known as the Preparer Tax Identification...

Need to Know About Form 1099-NEC Non-Employee Compensation

Until the year 2020, the Internal Revenue Service made use of Form 1099-MISC to report their self-employment taxes and the revenue generated from their freelancing and self-employment jobs. From the year 2020, a new Form has been introduced to help businesses and taxpayers to report their income of $600 or more, generated from work outside their regular employment. The ultimate aim of this Form is to clarify separate filing deadlines while reporting different types of payments on...

How Do IRS Forms 1040-EZ, 1040-A, and 1040 Differ?

The worst nightmare for US taxpayers is figuring out which form to use to file their returns. The taxpayers who are required to file an individual income tax return should make use of Form 1040, for reporting internal revenue service tax or use its other versions such as Form 1040-EZ and Form 1040-A. There are clear differences between these three Forms and IRS 1040 form is considered long and complex to fill compared to the other two....

Advice/Tips for women who want to become truck drivers 

Being a truck driver is indeed an exciting job for women. It is a valuable profession for ladies who like going out and seeing various places. It helps them feel independent and in control and is indeed the best job for women on the go. Though many women are pursuing this profession, here are some quick tips and advice for female truck drivers. Where do female truck drivers face trouble? A brief list of trucking aspects, that...

Taxpayers Need to Know about the Worst Tax Scams in 2022 

The IRS has recently announced its annual list of the world’s worst tax frauds, currently affecting the taxpayers of the United States. These frauds are known as ‘Dirty Dozens.   The IRS monitors tax scams all throughout the year. It notes that taxpayers can encounter these scams, on the list of dirty dozen at any time of the year. But they can easily fall prey to these scams during the tax filing seasons. The following is the overview...

Trucker Couple Adopt Healthy Living on the Road

Couples should ensure they get along great as a driving team on the road. Couples should embrace healthy living on the road as staying in the truck is challenging, owing to tight schedules. They barely get time to prepare and eat healthy food. It is hard to find time for exercising and other activities as well. Getting proper sleep in a moving truck is also a challenge. Thus, couples must make as many modifications as required to...

Best ways to Maintain Mental Health on the Road  

Truckers are hardworking individuals who drive cross-country for days and sometimes weeks. Driving a truck could be a lonely job, and could creep a lot of mental health challenges. Truckers face high stress, loneliness, and mixed emotions on the road. Truckers can take several steps to maintain their mental health on the job. Here are some ways to maintain mental health on the road.  Tips for truckers to maintain strong mental health on the road Irrespective of...

Our Customer Support Team is Here to Help You with Filing Your Forms

Tax Payers will not enjoy the stress of the tax season, especially if they are running on their fleet. Irrespective of whether the taxpayer is filing their taxes on their own, or relying on their accounting team Tax2efile will be ready to help. Taxpayers can create their free accounts on the website and file Form 2290 electronically. They can also pay the HVUT taxes to the IRS through multiple payment options and receive digital IRS-stamped proof of...

IRS adds options for electronically amending 1040s 

The Internal Revenue Service has announced that the taxpayers can now amend many IRS 1040 Forms, electronically. The Forms coming under this inclusion are corrections to Form 1040 NR, Forms 1040- SS, and Forms 1040- PR.                This initiative has become much more significant since 2020 when the IRS first launched its ability to file amended returns. This is an important milestone to help the tax community and the taxpayers.   This new...