Meeting IRS-Mandated E-filing Requirements Made Easy for Reporting Agents
- A simple, efficient, and secure filing solution
- Forms required by reporting agents are supported
- Manage all your clients’ filings in one secure application
TaxBandits Supports Forms Required by Reporting Agents
Payroll Forms & 1042 Forms
- Form 941
- Form 941 SP
- Form 940
- Form 943
- Form 944
- Form 945
- Form 1042
TaxBandits also supports Forms 1099, W-2, ACA 1095, and more with both federal and state filing.
View All FormsTaxBandits is Your Trusted E-filing Partner
Bulk Upload Excel Templates
Eliminate manual data entry. Using TaxBandits’ Bulk Upload Templates, you can import all of your client data at once.
E-Sign using RA PIN
Enjoy a simplified E-signature process using the 5-digit RA PIN that the IRS assigned to you.
Multiple Options to Pay IRS Balance Due
Pay your clients’ IRS balance due using your preferred payment method. Choose from EFW, EFTPS, Credit/Debit Card, or Check/Money Order.
Supports Postal Mailing
The forms you file on your clients’ behalf are readily available in your TaxBandits account. You also have the option to mail physical copies to them.
Exclusive PRO Features Simplify Filing for Reporting Agents
Client Management
Client Management tools empower reporting agents to efficiently manage their clients. They enable you to invite clients to a separate portal and communicate with them regarding any tax filing-related questions.
Staff Management
Assign your staff members specific roles according to their responsibilities in the filing process. (Preparer, Approver, or Transmitter). Manage delegation and communication with ease.
Automated Reports
Unlock detailed insights and access valuable data in just a few clicks with our reporting tools. Track filings, staff activity, and more.
Volume-Based Pricing
Reporting Agents like you, in need of an affordable solution for filing a substantial number of forms, can take advantage of our volume-based pricing model. This allows you to maximize your savings!
Learn how TaxBandits can assist you in meeting your filing requirements with a live demo.
Affordable Pricing that fit your need
Bulk Pricing
TaxBandits provides exclusive volume-based pricing, allowing Reporting Agents to electronically file payroll forms in bulk for their clients at discounted rates. As the number of forms filed increases, so
do the savings!
Prepaid Credits
Reporting Agents have the option to purchase prepaid credits in advance through their TaxBandits account, eliminating the requirement for separate payments for each filing. This feature is particularly effective for managing multiple clients.
Frequently Asked Questions about Reporting Agents
Who is a Reporting Agent?
A Reporting Agent can be an individual or an entity authorized by a taxpayer to prepare and file their withholding tax returns (941, 940, 943, 944, 945, & 1042) with the IRS.
What things a reporting agent could be responsible for?
The Reporting Agents could also be responsible to:
- Make deposits and payments with certain tax returns listed in Form 8655.
- Respond to specific IRS notices relating to Form W-2, 1099, 3921 and 3922.
- Receive duplicate copies of tax information and other communication from the IRS.
How to Get Authorization From Your Client?
To be a reporting agent, you should get authorization through Form 8655 from each client who needs you to file their return on their behalf.
How does a Reporting Agent sign a return?
Reporting Agents sign all of the electronic returns they file with a 5-digit PIN signature. If your application is approved, the IRS will assign you a Reporting Agent PIN.
How do Reporting Agents apply for an RA PIN?
Here are the steps to apply for an RA PIN:
- Have each client complete and sign a Form 8655.
- Complete a “Reporting Agent’s List.”
- Send the Form 8655 along with a “Reporting Agent’s List” to the IRS
The IRS will review your application and verify the information provided. Upon approval, you will be authorized as a reporting agent and provided with a
5-digit PIN.
What is the New IRS filing requirement for reporting agents?
The new 2024 requirements that impact Reporting Agents are as follows:
- Yes, the IRS mandates that Reporting Agents e-file the 94x Series and certain other forms they handle, with the only exception being if there are no e-filing options available for the form.
- Starting in tax year 2023, previous Form 940-PR filers will now use Form 940. Additionally, they will have the choice to file the new Spanish language Form 940 (sp).
- Starting with the first quarter of 2024, previous Form 941-SS filers will transition to filing Form 941, tailored for their use in the revised version issued for this quarter.
What if you get a Power of Attorney or Tax Information Authorization ?
For authorization purposes, you may also use any of the following forms in addition to or apart from 8655.
- Form 2848, Power of Attorney, and Declaration of Representative - Authorize you as an individual to represent before the IRS.
- Form 8821, Tax Information Authorization - Authorize you as an individual to inspect confidential tax return information related to the bond issuance.
Note: The authority granted on Form 8655 will not revoke any Power of Attorney (Form 2848) or Tax Information Authorization (Form 8821) in effect.
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