Printing 1099 forms and other accounting tasks do not need to feel overwhelming. Get reliable 1099 software that offers a variety of features for small or medium-sized businesses. The best software for one business is often different from others, even if they are the same size or in the same industry. Think about what features may be missing from your small business software or what you want from your first 1099 program.
Advanced Micro Solutions’ base W-2/1099 Forms Filer program generates many 1099s, W-2s, and related forms for all 50 states, plus the District of Columbia and Puerto Rico. Download our free 1099-etc Demo software today and learn how our core product operates independently or alongside a full modular suite of tools. Our software is highly customizable and affordable.
Essential Software Features Like Printing 1099 Forms
The features that you look for in 1099 software will likely depend on what your business’s needs are now and what they may be in the future. The accounting and payroll tools that should come with every system include:
A Common Payee File – Select a payee across payers or 1099 forms without needing to input the same information multiple times. Getting software with a Common Payee File will help you or your team reduce the risk of making manual entry errors. Cutting down these mistakes is a good way to avoid costly Internal Revenue Service penalties and your own wasted resources.
Pre-Printed Forms – Finding ways to save time is essential with tax preparation. Printing 1099 forms directly from your system can reduce the amount of time that you spend on an area of the business that is separate from its core operations. Printing directly from your software gives you the opportunity to use pre-printed forms and not fill out everything from scratch.
Automated Calculations – Software that can automatically calculate your business’s data is another way to reduce the risk of making needless errors. Spend less time worrying about the accuracy of your data on top of collecting contractor information and distinguishing employee paperwork. Look for software that automates contractor onboarding and 1099 management in just a few quick clicks.
Extensive Reports – The best 1099 software has a wide variety of forms and reports. Printing 1099 forms is made easier when your software allows you to batch print reports and forms for multiple payers. Save time and effort if your 1099 software includes a Table Report. Generate hash totals of SSNs and TINs to confirm the accuracy of your data entries.
Benefits of 1099 Software For All Businesses
Some businesses can get lured into the belief that only large corporations or major chains need comprehensive tax software. Small businesses can benefit just as much and sometimes more in terms of getting the right W-2/1099 program. The best 1099 software can improve a business’s:
Organization – An Internal Revenue Service audit can land on your business’s doorstep when you least expect it. Stay prepared and eliminate the fear that you may misplace or lose relevant data. Printing 1099 forms from software is a safer way to store your business’s forms until you need to mail any of them. Eliminate the need for dozens of filing cabinets and restrict who can access which files to prevent data leaks or accidental deletions.
Spending – No business should make so many mistakes that they need to pay high penalty fees to the Internal Revenue Service. However, small businesses cannot afford to pay major penalties in the same way that a corporation can handle them. Get 1099 software that flags discrepancies and helps you to avoid any worker misclassification penalties or missed filing penalties.
Efficiency – Purchasing, completing, and distributing 1099 forms to necessary workers and agencies will eat up a lot of your time. Take some of the repetitiveness out of the tax season with software that can prevent you from constantly falling behind on paperwork. Automation tools like a Common Payee File allows users to select a payee across payers or 1099 forms without entering the same information multiple times.
Get Started with AMS Software
Printing 1099 forms is one of many tools that you can utilize with W-2/1099 software. Consider getting a program that offers a full modular suite of tools. Our base system can be joined by six optional add-on modules. The modules are: Software Generated Forms, E-File, Affordable Care Act Filer, Forms Filer Plus, AMS Payroll, and a 1042-S Filer. Electronically file any year-end W-2 and 1099 tax forms with the Internal Revenue Service or Social Security Administration. AMS Payroll will export your business’s data to the W-2/1099 Forms Filer with a few simple clicks.