TaxBandits

Streamlined W-9/W-8 collection and e-filing for 1099, W-2, ACA, and other tax forms.

by SPAN Enterprises ยท Tax Reporting

Executive Summary

TaxBandits is a comprehensive tax reporting platform designed for businesses and accountants to efficiently manage W-9/W-8 collection and e-file various IRS forms. It supports a wide range of forms including 1099, W-2, 1042-S, 1095, 940, and 941, ensuring compliance with federal and state regulations. The platform offers an intuitive user experience, enabling both direct data entry and bulk filing capabilities. The service is particularly beneficial for high-volume filers and enterprises, offering volume-based pricing and the ability to manage multiple subsidiaries under a single account. Key features include workflow management, multi-factor authentication, and no-cost corrections for certain forms. TaxBandits also provides a robust API for seamless integration with payroll and accounting software, automating the entire tax preparation and e-filing process. The platform emphasizes compliance, adhering to IRS standards, GDPR, and SOC 2 security audits.

Use Cases

  • E-filing 1099 forms for independent contractors and vendors.
  • Preparing and submitting W-2 forms for employees.
  • Collecting and managing W-9 and W-8 forms from payees.
  • Automating tax form filing and distribution through API integration with existing software.
  • Managing tax reporting for multiple business entities or clients under a single account.

Features

Visibility

  • Online Access & Status Tracking: Provides an online portal to manage forms, track filing status, and access historical data.
  • Workflow Management: Tools to organize and manage the tax filing process, especially for multiple entities or clients.

Support

  • No-Cost Corrections: Allows users to correct and resubmit certain forms for free after initial IRS acceptance.
  • Exceptional Customer Support: Offers highly-rated customer support to assist with filing needs.

Technical Specifications

Deployment
SaaS
Authentication
MFA
API Available
Yes
MCP Server
Yes

Integrations

  • Zapier
  • Sage Intacct

Security & Compliance

Certifications: SOC 2, GDPR

Pricing

Model
Per-form, volume-based pricing
Starting Price
Varies by form and volume
Target Customer
SMB,Mid-Market,Enterprise
Contract Type
One-time purchase per filing