2012 1099 E-File Software from RealTaxTools.com Released, 1099 Electronic Filing Simplified
The 2012 1099 electronic filing software from RealTaxTools.com gives US businesses and tax professionals all the features they need to file 1099s electronically with the IRS FIRE System. The E-File software supports tax forms 1099-MISC, 1099-INT, 1099-K, 1099-DIV, 1099-R, 1099-S, 1098-T, 1098, 1099-A, 1099-B, 1099-C, 1099-PATR, 1099-OID and W-2.
Chicago, IL – Real Business Solutions (www.RealTaxTools.com) invites US businesses, payroll departments and CPA firms to try the 2012 1099 E-filing module available in its W-2 Mate software. W2 Mate, year-end compliance solution, is loaded with features that make it easy and affordable to process a wide array of IRS tax forms on paper and electronically.
Every year, business filers and tax professional are faced with the task of processing year-end information returns. 1099 and W-2 tax forms must be printed and delivered no later than end of January, so that recipients can receive these tax statements in time for their own income tax reporting with the IRS. W2 Mate software makes the process of 2012 / 2013 W-2 1099 filing smooth, easy and above all affordable.
"1099 Electronic Filing is a chore, but it doesn’t have to be. This is why we built W2 Mate. A powerful, yet very affordable, 1099 software that takes the complexity out of year-end-reporting by providing the right tools to E-File 1099 forms with the IRS and E-file W-2 forms with the SSA” says W2 Mate product manager Nancy Walters.
W2 Mate is distributed electronically for instant download over the internet. The software can also be shipped on a CD. A free demo version is available at http://www.realtaxtools.com/ for evaluation.
W2 Mate meets the 1099 electronic filing requirements of the Internal Revenue Service and a number of state departments of revenue by proving the ability to generate files in the IRS 1099 electronic filing format. The W2 1099 software also fully supports the EFW2 format for e-filing W2's with the Social Security Administration and states that accept EFW2 submissions. W2 Mate was also the first 1099 software to introduce the ability to generate secure PDF 1099 Forms and PDF W2 Forms. The resulting electronic PDF 1099 forms can be emailed to consenting recipients instead of paper 1099 copies.
The IRS FIRE (Filing Information Returns Electronically) system is set up for financial institutions and others to file Information Return Forms 1042-S, 1097, 1098, 1099, 3921, 3922, 5498, 8027, 8935, or W-2G. An Information Return is a tax document required by Internal Revenue Code regulations and is used to report certain types of payments made by financial institutions and others who make payments as a part of their trade or business. The IRS describes electronic filing as "The hottest way to file your Information Returns with the coolest results."
W2 Mate can import 1099 information from Sage 50 / Sage Peachtree (including Peachtree Pro Accounting and Peachtree Quantum), Intuit QuickBooks (QuickBooks Pro, QuickBooks Enterprise, and QuickBooks Premier), Microsoft Dynamics (GP or SL), Microsoft Great Plains, Sage DacEasy and Excel / CSV.
W2 Mate Software Highlights:
- Prepares unlimited number of 2012 W2 and 1099 forms for multiple employers and payers.
- Prints 2012 1099 recipient copies on regular white paper.
- E-files 2012 W2s and 1099s with the SSA and IRS (no limitations on the number of tax forms or submissions).
- Generates ready-to-email 2012 W-2 forms and 1099 forms. Which eliminates the need to print and email W2s and 1099s.
- SSA approved to print W2 & W3 forms on regular white paper, which eliminates the need for expensive forms.
- Data import from Sage Peachtree, MS Dynamics, Great Plains, Intuit QuickBooks, Sage DacEasy, Excel and CSV.
- Efficient and intuitive manual W2 / 1099 data entry.
- Supports 1099MISC, 1099K, 1099INT, 1099DIV, 1099R, W2, W3, 1096, 1099S, 1098T, 1098, 1099A, 1099B, 1099C, 1099PATR, 1099OID.
- Automatically calculates Social Security and Medicare taxes. For paper filers 1096 and W3 are automatically generated.
- Supports Windows 8, Windows 7, Windows Vista, Windows XP, Windows Server 2003, Windows 2000 or Windows 98.
- Roll-over of payer and recipient information from year to year.
- Password protection and data validation.
- Generates printing labels, form totals and recipient lists.
- Prompt, courteous and reliable U.S.-based support through phone, chat or e-mail.
- Network ready with affordable pricing for multiple seats.
- Exports W2s and 1099s to excel.
- Includes 1099 and 1098 filing instructions.
- TIN matching and verification including reports for missing TINs and TIN matching errors.
- Secure and reliable.
- Completes 1099 forms electronically.
- Includes deadlines for 1099 mailing ( 1099 filing due dates).
- Includes 2012 form 1099 instructions.
Give the 1099 electronic filing software from W2Mate.com a test drive and see for yourself how easy 1099 electronic reporting can be. Visit 1099-E-File software page.