Invest in 1099 software for bulk filing in order to save your small business time, resources, and money all year. Report or print necessary forms and reports in batches to stay more organized. Prevent more documents from slipping through the cracks with reliable 1099 reporting software. Find 1099 software to customize to your small business’s specific needs. Do not try to search for one-size-fits-all software. Some popular 1099 software systems do not benefit certain size businesses or industries. Test out software before you make any final decisions.
Get started today with Advanced Micro Solutions’ all-in-one-style software. Our base W-2/1099 Forms Filer program integrates with six optional add-on modules. Use the most affordable 1099 software in all 50 states, plus the District of Columbia and Puerto Rico.
Does My Business Need 1099 Software for Bulk Filing?
Consider the benefits of bulk filing software even if you do not think you need it. Think about the trajectory of your business. It’s a good idea to think through its potential growth and which other areas of the business and daily operations will need your focus. You should then look into 1099 software if your small business needs to:
- Improve its overall tax compliance. Protect yourself and your small business from any legal implications throughout the year. Get W-2/1099 software with trustworthy data extraction tools. Minimize the risk of making errors that result in penalties or audits from the Internal Revenue Service. Speak with a software vendor about how their 1099 bulk filing software satisfies these requirements.
- Streamline how it prepares taxes all year. Automate the way that you extract data ahead of the next tax season. Gather and organize income information within a comprehensive program. Reduce how long you or an in-house employee spends navigating manual data entries. Focus on other important areas of the business that you may have neglected or handed off in the past.
- Enhance its overall financial transparency. Understand your income stream with software that provides a complete overview of any earnings and expenses. Improve your business’s specified analysis and overall financial planning with 1099 software tools.
- Reconcile its data with heightened accuracy. Use 1099 software for bulk filing with thorough data reconciliation. Make sure that your books and financial reports stay aligned before you bulk file any important information and reduce the risk of needing to bulk file any revisions by choosing the best 1099 software.
Common 1099 Reporting Challenges
Address some of the common 1099 challenges with software designed for your small business. Look out for obstacles like:
- Complex Income Types – Consider all the income types that your small business reports on a 1099 form. Recognize how these types add a layer of complexity to data extraction. Look for software that effectively categorizes data. Classify different income types within your system.
- Data Security and Privacy – Find 1099 software for bulk filing with robust security measures. Ask a provider about encryption tools and take your own measures. Limit the number of people who can access sensitive data. Comply with safety laws and ensure that your employees operate within stated ethical practices. Improve the business’s overall employee retention by implementing these methods.
- Complete Integration – Speak with a 1099 software provider about the third-party applications that work in tandem with their system. Software like AMS lets its users import data from multiple sources. Avoid incompatible software or needing to purchase any replacement systems.
- Format Variation – Streamline your 1099 reporting and filing with some of the most basic tools. Get 1099 software with easy form alignment. Generate the forms that you need for a given tax season. Certain software like AMS gives users an option to view data entries on a screen that looks like an actual tax form.
AMS Offers 1099 Software Solutions
Learn about how we designed our 1099 bulk filing software with small businesses in mind. Download our free 1099-etc Demo software today and enter your actual data. The system will carry over the data once you purchase it. Create a fully integrated system by pairing the base program with any or all of our six optional add-on modules. The software’s modules are: AMS Payroll, E-File, Software Generated Forms, Forms Filer Plus, Affordable Care Act Filer, and a 1042-S Filer.
Utilize AMS’ core W-2/1099 product to batch print any reports or forms for multiple payers. The basic security features include a payer backup and restore option. Use enhanced features that allow you to create an SSN verification file. Verify an employee’s Social Security Number with the Social Security Administration. Save any of the business’s reports to PDF files and encrypt them before sending them to the relevant agencies.