Compliance and Regulatory Requirements for Law Firms & Attorneys
- Law firms must file Form 1099 for specific payments, including those made to expert witnesses, jury consultants, and recipients of settlement proceeds. Additionally, payments for rents fall under this requirement.
- If you hire employees, you must file Form 941, 940 forms to report payroll taxes. This includes withholding federal income tax, Social Security, and Medicare taxes from employee wages.
- Under the new Corporate Transparency Act (CTA) regulations, law firms that handle small business are required to manage formations and other transactions that trigger mandatory BOI reporting.
Payroll & Employment Filing Solution for Law Firms & Attorneys
Streamlined Payroll & Tax Filing Solutions
Supports Federal & State Filing
- TaxBandits supports an extensive range of tax forms including 1099-NEC, 1099-MISC, W-2, 941, 940, and more.
W-9 Manager
- Easily request and manage W-9 Forms. This allows you to collect and store TIN information for future 1099 filings.
TIN Validation
- TaxBandits verifies the TINs you collect from vendors and independent contractors using the IRS database. This ensures accuracy and prevents form rejections.
Distribute Recipient Copies
- TaxBandits offers seamless recipient copy distribution through Postal Mailing or Secure Online Access services.
BOIR Solutions Design to Optimize Efficiency
BOI Filing solution
- A complete BOI solution for initial reports, updates, corrections, and newly exempt entities reports.
Invite Beneficial Owners
- Send a secure link to beneficial owners prompting them to complete their information.
Free Corrections
- Correct initial BOI reports within a week of filing with TaxBandits
Instant Status Updates
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Receive instant updates from TaxBandits about the status of
your BOI reports.
Custom-branded Solutions for Law Firms & Attorneys
Team Management
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Invite your team to handle your
clients’ filing. - Effectively delegate filing responsibilities (Preparer, Approver, or Transmitter) for each client to your team members.
- Add unlimited team members with individual logins for easy access.
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Efficiently track your team members'
filing activities.
Client Management
- Monitor your clients' filings from a centralized, secure platform.
- Invite clients to their own secure portal to provide necessary filing data.
- Customize the client portal with your branding (Logo, email, theme, and more).
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Use the client portal for simple and secure communication with
your clients.
Cost-effective Filing
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TaxBandits offers tiered pricing based on volume—the more you file, the more
you save. - Import all your clients' reporting and filing details at once using our Excel template!
- Gain valuable insights into your filings with TaxBandits' comprehensive reports.
Request a Free Demo
Learn how you can grow with TaxBandits’. Click the button and our team will reach out to schedule
your demo!
Simplify Compliance, Maximize Revenue for your Law Firm
Explore New Opportunities for Maximizing Revenue
Whitelabel solution
- Use our white-label option to rebrand our filing solution as your own, giving you full control over branding while benefiting from our advanced technology.
Referral program
- Boost your revenue with our referral program. Integrate your TaxBandits referral link into your website or share it directly with your clients.
API Integration
- Integrate our API with your system to enhance your services and expand your reach. Add value to your offerings.
Contact us
Connect with
The TaxBandits Sales Team
Our team is here to help you by phone, email, and live chat