Ben Franklin was correct in his statement that the only two things we can count on were death and taxes. Bann Business Solutions is dedicated to offering you the most complete line of tax forms available. You can call us or go online and receive our online discount of an extra 25%. 
But only thru October 31st so Hurry!

  

Did you know that the IRS requires employers who file 250 or more information returns to file electronically? This has eliminated the need for some forms that normally would have been mailed to the IRS. However employers must still get the relevant copies to the employees as mandated by the IRS. This has led to a host of formats including regular IRS formats, condensed formats, blank formats with perforations and backers and pressure-seal formats.

 

Every so often the IRS changes some forms. This year the major change is the size of form 5498 used for reporting individual retirement arrangement and simplified employee pension. Two new forms have been introduced: Form 3921 (exercise  of an incentive stock option) and form 3922 (Transfer of a stock acquired through an employee stock purchase plan). The important thing for you to remember is that Bann Business Solutions will continue to help bridge the gap between 1099 and w-2 paper forms and technology.

 

There is now new software which a desktop application ideal for filing a large number of forms (25 or more). It includes data import from other software applications, all types of 1099 and w-2 forms, unlimited payers and payees and e-filing capabilities. It is bundled with forms that make printing and mailing more efficient, where all employee copies are printed on the same page to eliminate separating and collating forms before mailing.

 

We also offer a complete line of presentation folders and envelopes to compliment your tax forms. We believe small to mid-sized businesses will continue to demand electronic reporting solutions and move further away from paper reporting. Paper reporting will still be needed but electronic reporting is more efficient! The government continues to lower the threshold for requiring e-filing (250 employees) so more companies will need to report electronically every year.

 

Please remember we also offer a full line of health insurance forms, human resource products (tools for compliance and people management) tax presentation supplies and pressure seal products.