The short answer is yes, but the longer answer is that getting downloadable 1099 forms is not the only worthwhile feature when your business invests in comprehensive 1099 software. The most thorough and trustworthy 1099 software is not a one-tool wonder. There are many 1099 features that make reporting and filing 1099 forms easier. Tax software is not a fix-all, no errors solution. It is instead one of the best ways to reduce the risk of making errors while preventing a small business from paying costly fines or penalties to the Internal Revenue Service.
Meet all of your business’s deadlines faster with Advanced Micro Solutions’ base W-2/1099 Forms Filer program. Our core product can grow into a full-accounting suite of tools with the addition of any of its six optional add-on modules.
What Else Does Software with Downloadable 1099 Forms Do?
There is an affordable and customizable solution out there for small businesses. Try not to short-change your team when it comes to choosing a 1099 program that gives you all the features that you want and need. Look for a system that:
Supports a wide range of 1099 and other tax forms. Finding the right system for your small business will likely include getting one that supports W-2, W-3, and a variety of 1099 forms. A program with extensive forms can help your business now and later. Think about how you may wish to grow the business in the future. All of the downloadable 1099 forms that you need may change based on the business’s size.
Allows you to input data into form-specific entry screens. Entering data easily onto entry screens that look like the actual form is a huge software benefit. Save time when you do not need to figure out how things should look or retroactively fix the information that you entered.
Automatically saves your sensitive data. Every business wants to protect their data so that employees and possibly clients feel protected. Some data is more sensitive than most and the best way to safeguard it is with comprehensive 1099 software. Look for a system that saves a form or report automatically so that your team can access your downloadable 1099 forms at a later date. Immediately storing data helps reduce the risk of losing it and possibly a colleague accidentally altering it, which could cause long-term complications.
Lets users save data separately so that they can encrypt any files. You may not encrypt a file within your 1099 software, but you can certainly do it on your own time later. Get a program that allows you to save its reports as PDF files. You can separately encrypt your files and make the decision if you want to email any reports to your clients straight from the W-2/1099 software.
When A Small Business Might Need An Accountant
A small or boutique business may not want to handle downloadable 1099 forms or the software that comes with it on their own. Businesses that may need additional support include those who:
Are Opening Their Doors – Getting any business off the ground can be difficult under the best of circumstances. An accountant may help you develop a solid financial plan. That early support with planning, as well as preparing financial statements and projections, will position you to act independently later if you choose that route.
Have Plans for Expansion – Financial tasks often become more complex as a business grows. An accountant may be the right person to handle payroll, taxes, and additional financial matters. They can also handle accurate inventory tracking and cost accounting. That is why if you prefer software, you will need a comprehensive system that simplifies how you enter and analyze data.
Deal with Compliance Issues – Accountants will have a level of expertise when it comes to tax planning and which strategies will best serve your business to reduce tax obligations. Getting a 1099 program can still help you when it is time to prepare for or navigate audits. Good software ensures compliance with tax regulations in ways that are similar to an accountant.
Is AMS Software the Right Fit?
Get downloadable 1099 forms and plenty more features when you upgrade your 1099 software to AMS. Our W-2/1099 system supports users in all 50 states, plus the District of Columbia and Puerto Rico. Generate the forms that you need using the software and print them on pre-printed forms. Payer backup and restore is available. Expand your capabilities with any of our modules, which include: E-File, Software Generated Forms, Forms Filer Plus, AMS Payroll, Affordable Care Act Filer, and a 1042-S Filer. Download our free 1099-etc Demo software and get started.