Filing W-2/1099's? Avoid Liability!
This month every business in the nation is filing W-2 or 1099-MISC forms for their employees and contractors, good times right?It can get even worse if you're not using SSN Masking. Each year millions of people get their identity stolen when their W-2/1099 get's mailed to their house. For Identity thieves that envelope that says "Important Tax Document Enclosed" is everything they possibly need to steal an identity. So the IRS passed a regulation this July that now allows the recipients tax id or ssn to be x'd out (masked) on the copies that go in the mail. This also opens the option for the business to send the copies via email. Now that the masking is an option, if a company chooses not to use it and theft occurs, that company can be held liable for damages. Here's an article FoxNews did on us and SSN Masking last month.
Filing deadline is Jan 31, 2015. Our service has masking built-in and allows you to enter your data online, instantly print IRS approved recipient copies on plain paper or as a secure pdf and we e-file to the IRS, SSA and States. No forms, no software no hassle! Let us know if we can help visit us a WageFiling.com