The income tax return filing software price may seem out of reach for certain small businesses on a budget. The good news is that there is affordable software, and if you explore systems like Advanced Micro Solutions’ 1099-etc E-Filer program, you won’t spend much money. Our program is the most affordable solution on the market and was designed by a small business with other small businesses in mind. We offer a strong customer service branch so users who call with a question get one of our experts on the other line who is familiar with the program.
Whether you choose to invest in electronic filing software because you need to find a more affordable option or you want greater control over who manages your data, Advanced Micro Solutions has a modular suite of tools and is fully customizable.
Is the Income Tax Return Filing Software Price Worth It?
In-house tax preparation puts a lot of control back into your business’s hands leading up to and during tax seasons. Weigh the benefits and drawbacks of a dedicated finance department or an existing employee handling the books.
Pros of Tax Software
Saves Money – Not needing to pay an accountant or a third-party vendor for their services can reduce the existing strain on a small business’s budget. Look for tax return filing software with:
- Transparent pricing
- No unnecessary extra fees
Fewer Delays – Getting in-house tax filing software means that there is less coordination with third parties. Eliminate:
- Sending data to external providers
- Waiting for a provider to finish your return
Greater Control – Factoring the income tax return filing software price into your budget means you get to be the final set of eyes on data. Double-check data points and know who accessed your sensitive information when you set up any restrictions.
Learning Opportunity – Knowledge goes a long way with tax software and can help your small business make better short- and long-term financial decisions.
Cons of Tax Software
Software Limitations – Do-it-yourself software does not have the same benefits for everyone. Make sure that your tax system:
- Makes sense for your business’s size
- Fits your industry-type
- Does not have functional limitations
Potential for Error – Tax return errors oftentimes lead to:
- Penalties
- Audits
Getting tax filing software will reduce the risk of failure-to-file penalties and it reduces calculation errors to a less than 1% error rate.
Time-Consuming – In-house tax preparation may take up a lot of time that many don’t have to spare. Get software that is easy-to-use and intuitive so that it streamlines the entire process.
Learning Curve – Tax laws or regulations are complicated and consistently changing. Find a program that gives you access to regularly updated state and federal tax tables before e-filing.
Is AMS Software An Affordable Solution?
The income tax return filing software price may end up being a small price to pay for your own peace-of-mind during tax season. Businesses and individuals who do not mind doing the work themselves or those with simple deductions might discover that the time is right to get in-house software.
Our E-File Direct (add-on) or E-File Services gives users the option to work independently or file via a third-party vendor. Take some time to consider which option fits your needs. Download our free 1099-etc Demo software and see our software in action.