Take some steps to better guarantee that 1099 form deadlines do not sneak up on you. Small business employees often maintain many responsibilities on a daily basis. Do not worry if you cannot afford to hire a specialist or in-house accountant to handle the business’s tax reporting. Most small businesses benefit from intuitive tax software without a steep learning curve. Invest in easy-to-use software if you decide to put one of your employees in charge of managing the books. Whether you need a program with specific tools or a software vendor that offers more support, get help meeting your 1099 and W-2 deadlines today.
Advanced Micro Solutions’ base W-2/1099 Forms Filer program is comprehensive and supports users in all 50 states, plus the District of Columbia and Puerto Rico. Speak with an expert or get support from our Frequently Asked Questions page if you encounter technical difficulties.
Does Software Help You Meet 1099 Form Deadlines?
The short answer is, yes. Avoid unnecessary headaches leading up to deadlines for 1099s and other forms. Get rid of the traditional manual steps and use software to streamline the process. Some of the ways that 1099 software helps small businesses include:
Improving your data’s overall accuracy. Stop extracting, manipulating, and importing the data manually once you get 1099 software. Cut down the risk of human error well before you file. Get a system that can validate or verify TINs and SSNs. Spend less time reviewing each figure and meet your deadlines much faster.
Making data validation and reporting simpler. Do not waste your time editing data piece by piece. Meet your 1099 form deadlines with software that automatically compiles data. Update your business and employees’ information all at once. Stop missing a deadline at the end of a tax year because you need to start over or your tasks take too long.
Saving you and your workers time. Say goodbye to rushing and feeling overly frustrated by 1099 reporting at the end of the year. Automate your 1099 process throughout the year. Make your data available through your software’s automated reports. Review and quickly address a key issue and click a few buttons to meet your deadlines earlier than usual. Stay proactive as you manage independent contractors at every step.
Simplifying the electronic filing process. Streamline how you meet the 1099 form deadlines when you e-file documents. Eliminate manually printing and mailing 1099 forms to the Internal Revenue Service. E-file forms directly from your software and avoid needing to file Form 1096 with your 1099 IRS copies. Extend your 1099 deadline until the end of March when you e-file.
Best Practices with 1099 Software
Create an efficient and mostly stress-free environment with the right 1099 software. Embrace the following best practices whenever you incorporate a new 1099 system into the business’s day-to-day model.
Collect your workers’ information early. Try not to delay gathering what you need from each of your workers. You already know that employees and independent contractors require unique forms. Generate the necessary W-9s ahead of your 1099 form deadlines. Ask workers to submit information before you assign work to them.
Maintain thorough and organized records. Keep your necessary records stored in your 1099 software for a minimum of three years. Make sure the records remain accessible for your use or in the event of a tax audit. Check with a 1099 software vendor that their system is encrypted.
Create a list of important deadlines to reference as needed. Let yourself create as many calendar reminders and lists of important dates as you need. Prepare yourself ahead of time and use 1099 software to stay in front of deadlines. There is no shame in preparing for all the different requirements.
Get Started with AMS Software
Spend less time worrying about how your business will meet its 1099 form deadlines. Download our free 1099-etc Demo software today and enter your real data to see exactly how our system operates. Review a description displayed at the top of a form for your selected field. Enter your information only one time with our Common Payee File. Select a payee across payers or 1099 forms without a big risk of making manual input errors. Use the Browse command tool to enter data through a spreadsheet format.
Add any of our six optional add-on modules to the W-2/1099 core product. The modules provide different services and are: E-File, Software Generated Forms, Forms Filer Plus, AMS Payroll, 1042-S Filer, and an Affordable Care Act Filer. Create a full accounting suite of tools or select the modules that best help you fulfill your requirements.