Tax filing on time is a challenging and important obligation for every company. Large companies face maximum problems of processing and taking out the taxable income of every employee within a limited time. So, taxation experts are hired with lots of money to file the taxes according to taxation rule of US. The taxes need to be filed on time to avoid the penalty of the internal revenue service. Traditional tax filing can’t be used by companies due to slow and expenditure. E-file 1099-int form to show the interest paid by the company to a financial institute at the end of tax year. This is why forms are being filed through online media for safe, faster and effective way of tax filing.