Paying taxes on time is an important obligation for every company/individual of country. But, processing of taxes can be intimidating especially for the large companies. It has large number of employees and involved in various transaction during the year. Filling of bulk forms manually is not easy and requires more time. Further, late filing of taxes can result into penalty from the internal revenue service. This is why the people are filing their form 1098 online to show the mortgage statement. The aid is taken from the financial institute to carry out the work of company. But, the firm has to return the amount with fixed interest at the end of the year which is shown in this form.

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