Compliance and Regulatory Requirements for
Real
Estate Firms
- As a real estate broker, you must file Form 1099 for referral and commission fees paid to brokers, associate brokers, Landlords and sponsored sellers. You must also report payments to independent contractor assistants and other service providers.
- If you hire employees for your firm, 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.
- The new Corporate Transparency Act (CTA) mandates HOAs and the real estate firms must report Beneficial Ownership Information (BOI). This involves disclosing details about community and board members to comply with FINCEN requirements.
TaxBandits - A Designated Solution for Real Estate
(Property Managers, Real Estate Brokers, and HOAs)
Make real estate firm tax filing and BOI reporting easier with TaxBandits. A perfect solution for Property Managers, Brokers, and HOAs to streamline their Tax filing and ongoing BOI Compliance.
E-filing Solution for Payroll & Employment
Tax Filings
Supports Federal & State Filing:
- TaxBandits simplifies real estate tax filings with support for a wide array of forms, including 1099-NEC, 1099-MISC, W-2, 941, 940, and more, ensuring compliance with federal and state requirements in one convenient platform.
W-9 Manager:
- Streamline onboarding processes by requesting and managing W-9 forms from employees, Tenants, board members, and clients. Instantly create and share your own W-9 forms for seamless transactions.
TIN Validation:
- Ensure IRS compliance by verifying employee and client Taxpayer Identification Numbers (TINs) against the IRS database, reducing the risk of penalties.
Distribution of recipient copies:
-
Deliver 1099 recipient copies to brokers, Tenants, sponsored sellers, Buyers and independent contractors via secure online portals or postal mail, ensuring timely and
accurate reporting.
Maximize productivity with BOIR: Tailored Solution
for Business
BOI Filing solution:
- Offering services right from filing your initial BOI report to making corrections, updates, or filing reports for newly exempt entities.
Invite Beneficial Owners:
- Effortlessly invite investors and board members to securely submit their information using a secure link, ensuring convenience and confidentiality.
Free Corrections:
- Experience the convenience of our efficient platform, where you can easily make corrections to your initial BOI report within a week, all at no extra charge.
Instant Status Updates:
-
TaxBandits instantly provides status updates regarding your filed
BOI report.
Custom-branded Solutions for
Real Estate Firm
Team Management
-
Invite your team to manage
client filings. - Assign specific roles (Preparer, Approver, or Transmitter) to team members for each client.
- Easily add unlimited members with their own logins for smooth access. Efficiently track your team member's filing activities.
Client Management
- Keep an eye on your client's filings from one secure platform.
-
Invite clients to a safe portal where they can provide the necessary
filing information. -
Customize the portal with your own branding (logo, email, theme,
and templates). -
Use the portal for easy communication and interaction with
your clients.
Efficient Filing, Affordable Pricing
- At TaxBandits, our pricing is based on volume, meaning the more you file, the more you save.
-
Save time by importing all your clients' filing details using our
Excel template. -
TaxBandits offers a wide range of reports to provide detailed insights into
your filings.
Book A Free Demo
Simplify your filing process with us! Request a demo today, and our dedicated team will promptly contact you to schedule a personalized session.
Streamline Compliance, Boost Your
Revenue Effortlessly
Discover New Revenue-Boosting Opportunities
Whitelabel solution
-
Take advantage of our white-label solution to rebrand our filing solution as
your own. This gives you full control over branding while leveraging our advanced technology.
Referral program
- Leverage our referral program to enhance your revenue potential without any additional effort. Get a referrer link from TaxBandits and link it to your website, or promote it to your clients directly.
API Integration
-
Easily integrate our API with your current
system to enrich your services and appeal to more customers. This is an excellent method
for integrating valuable new features into
your offering.
Contact us
Client Testimonials
Discover the reasons why our customers continue to choose us year after year.
TaxBandits solution has revolutionized IRS compliance management for our real estate firm, offering a seamless fit for our distinct requirements.
As California's premier real estate firm, we adeptly oversee BOI reporting for numerous businesses, using TaxBandits to deliver superlative efficiency, accuracy, and timeliness in meeting critical deadlines.
Our real estate firm uses TaxBandits to handle tax forms easily and BOI reports, ensuring everything is filed correctly and on time.
TaxBandits solution has revolutionized IRS compliance management for our real estate firm, offering a seamless fit for our distinct requirements
As California's premier real estate firm, we adeptly oversee BOI reporting for numerous businesses, using TaxBandits to deliver superlative efficiency, accuracy, and timeliness in meeting critical deadlines.
Our real estate firm uses TaxBandits to handle tax forms easily and BOI reports, ensuring everything is filed correctly and on time.
Connect with
The TaxBandits
Sales Team
Our team is here to help you by phone, email, and live chat
