Tax 1099 software is an essential tool for all small businesses. But, for many new companies, finding a payroll system is the first item on the accounting to-do list. Few owners invest in tools to help streamline W-2 and 1099 filing and distribution. But while payroll might seem like the more immediate software need, finding tax software should be your priority. Here’s why:
Why Use a W-2/1099 Software?
- End-of-year tax filing: Running a small business requires people to think weeks and months ahead. If you’re a new business owner, you might not be thinking about end-of-year taxes just yet. People who don’t appropriately prepare for 1099 and W-2 distribution season risk incorrect reporting, late filing, and incurring fees. If you have more than a handful of employees, these fees and fines can cause financial damage to your business. The easiest way to safeguard yourself come tax season? Investing in a 1099 and W-2 software to do the heavy lifting for you.
- Keeping track of contracted workers: Contract help is abundant in the early days of most small businesses. Whether it’s for soundproofing a studio, installing a new window, or consulting on a business plan, you’ll come across many different types of workers in a short period of time. Investing in a W-2 and 1099 software can help manage contractors and keep track of payments. Plus, it will ensure you don’t forget to distribute a rogue 1099 form when tax season rolls around.
- Support every type of worker you might need: Not every person you hire will be a standard W-2 employee. Many emerging businesses rely increasingly on contracted workers for labor needs. However, there are many different 1099 forms. It can be difficult to fill out different iterations of similar forms. Investing in a tax 1099 software can aid in calculating, filing, reporting, and maintaining tax and wage information for every type of worker you need.
At AMS, we’ve built our modular tools off a W-2/1099 Forms Filing software for a reason. Maintaining and distributing W-2 and 1099 information is a baseline need for every business. Then, once you have your tax and wage forms in order, you can feel comfortable investing in additional accounting software tools.
Get the Tax 1099 Software Support You Need from AMS
Advanced Micro Solutions offers a low-cost and user-friendly tax 1099 software. Our W-2/1099 Forms Filer, the base platform, supports all W-2, W-3, and 1099 forms you might need. Payer information only needs to be entered once. Plus, the Common Payee File prevents users from needing to enter the same information multiple times.
If you try and enjoy our W-2/1099 Forms Filer, you might also consider one of our add-on modules. These tools seamlessly integrate with the base platform to create a customized accounting suite for an affordable price:
- Affordable Care Act Filer
- 1042-S Filer
- Software Generated Forms
- AMS Payroll
- AMS E-File Software
- Forms Filer Plus
Whether you need a simple forms filer or a whole accounting suite, we have what you need. Try our free demo software or give us a call at 800-536-1099.