It’s important as a business owner, accounting professional, or tax form preparer that you stay up to date with the latest year-to-year changes. And there are several changes being made to the filing forms for tax year 2016. For perspective, there are typically hundreds of changes made to the tax code each year. Most are highly specialized cases that would never apply to your particular business. Still, there are often one or two that do matter to a significant number of employer/business filings.
In fact, these changes—and especially clarifications to the changes—may be made throughout the tax season. That’s why the IRS publishes Recent and Future Developments for each type of 1099 form in the 2016/2017 tax season. You can find the latest information for pretty much every 1099 form here on the IRS site.
2016 Rules for Filing the 1099-MISC Tax Form
Among the notable changes this year is a tighter filing deadline for reporting 1099-MISC Box 7 non-employee compensation. Other 1099 form filings may have extended filing deadlines and extension requests. And there’s something of a new category for 2016 1099 tax forms through the 2014 ABLE (Achieving a Better Life Experience) Act.
Yet, generally speaking, the methods haven’t really changed for getting copies of your 2016 1099 tax form copies. You still need to determine which method makes the most sense for your company. The most popular options include ordering paper copies online, visiting your local IRS office or office supply store, or printing your own blank form copies and using e-file software to transmit your data directly to the IRS.
Versatile Software Solutions from AMS
We like to point out the different ways that businesses can get their 2016 1099 tax forms because Advanced Micro Solutions (AMS) has developed a versatile software platform that fits any business’s filing strategy. How do we do it? First, our W-2/1099 Forms Filer offers a number of essential data management features needed for pretty much any employer/payer-based forms filing:
- Data Entry: Multiple options for entering data include a spreadsheet format or through a screen that resembles the actual form. You can import data from any number of common file types.
- Data Printing & Reporting: Reports include tables, worksheets, client letters, recipient lists, and mailing labels. Encrypted PDF files are used for security. SSN/TIN hash totals verify data accuracy. Easy form alignment and large-batch print jobs create automated, error-free printing.
- More Features: Free network installation. Multiple PC installation (site license may apply). Payer backup and restore. Supports up to 1,999 payers/employers and up to 99,999 recipients per payer.
Other Modules and Features
Now, if you’re looking for more than just basic form preparation and data printing, you can find additional features and modular pricing. Looking for piecemeal e-filing and mailing services? Check out the E-File Services from our third-party vendor. But you can also build a comprehensive system that includes e-file software, blank form printing, payroll solution, and additional forms filing support. Check out the following products from AMS:
Don’t hesitate to download our free software demo, buy your software package online, or talk to our Sales and Information team at (800) 536-1099.