The Ins and Outs of 1099 Form Automation

Increase your small business’s efficiency during tax season and throughout the year with 1099 form automation software. The best automated software includes numerous features. Generate and file your forms with fewer worries about misplacing documents or missing deadlines. Keep in mind that software vendors do not create identical products. Look for a system that provides exactly what you need and do not focus on what other businesses use for a program. Whether you need better automation or plan to invest in software technology for the first time, it should not create more work for you.

Advanced Micro Solutions offers a full accounting suite of automated tools. Our base W-2/1099 Forms Filer program operates with any of our six optional add-on modules. Select which add-on features your business needs and determine when you need them. Download our free 1099-etc Demo software to see how these systems interact with one another.

 

Main Benefits of 1099 Form Automation

Leave behind the traditional or manual methods when you invest in tax software. Automate the 1099 process to save your business’s valuable time and resources. The key benefits of utilizing automated software are:

Improved Data Accuracy – Eliminate the practice of manually importing or extracting your business’s data. Automate the way that you manipulate and import any balances to reduce potential human errors. Use software to automate Taxpayer Identification Number validation. Automating the process will lessen the back and forth between your team and any vendors.

Easier Electronic Filing – Stop purchasing endless paper forms when you switch over to e-filing your 1099s. Electronically filing your forms additionally eliminates IRS Form 1096. Incorporate 1099 form automation when you electronically file any year-end documents to receive quicker confirmation that nothing got lost in the mail.

Data Validation and Reporting – Compile your company’s data with automated features to simultaneously update vendors. Use automation to avoid editing your vendor’s data one at a time. Request up-to-date information like address changes or W-9s when you incorporate an automated 1099 process.

Greater Efficiency – Avoid scrambling to file your 1099 forms before their deadlines. Make your data available for whenever you need to access it with automated software. Consider using your software to further compile quarterly reports. You do not need to overwhelm yourself by pushing off your 1099 processing until the busy holiday season.

 

When Should My Business Get Automated Software?

Seek 1099 form automation software when it is the right time for your company. You may decide to purchase new software when:

You want to expand your business. Expanding your business may require you to factor in multiple state and local requirements. Know the tax expectations of each agency and stay on top of different state deadlines with a fully automated system.

You are ready to onboard new employees and/or independent contractors. Hiring more employees means that your team will need to organize more documents and file new reports. Avoid mixing up important paperwork or losing key information with automated tax tools.

Your team discovers too many costly mistakes or avoidable human errors. Find 1099 form automation software before the Internal Revenue Service flags your reports. Smaller businesses often feel the consequences of IRS penalties and fees more than businesses with large budgets and teams. Help your business in avoiding these fees or spending too much time looking for any data mistakes.

Your business continues missing or overlooking important deadlines. Spending too much time checking and rechecking data may result in missing your deadlines. Avoid late penalties or negligent oversight fees with the best form automation for 1099 reports.

 

Make Automation Easy with AMS Software

Calculate selected fields and automatically save data when you access a new record or form with our core product. AMS software supports small businesses in all 50 states, as well as the District of Columbia and Puerto Rico. Enter data using a spreadsheet format with our Browse command feature. Explore our 1099 form automation when you pair our base system with the add-on Software Generated Forms and/or E-File modules. Eliminate needing to purchase ink and paper while better meeting your business’s required deadlines.

Our other optional add-on modules include: AMS Payroll, Forms Filer Plus, Affordable Care Act Filer, and 1042-S Filer. Invest in our payroll system to automatically calculate federal, state, and local payroll taxes. Additional features involve the ability to create SSN verification files and see multiple state and federal tax liabilities at any time with the View command.

Software Solutions from AMS

Our W-2 and 1099 Forms Filer is our only required platform. From there, users pick the services they need. Choose from the tools below to build out your customized accounting software.