Getting your own in-house software that enables online tax filing for seniors should not come with a steep price or an even steeper learning curve. Seniors run all sorts of businesses that range from private consulting and retail to real estate or educational services. In-house software is an option if you no longer need or feel comfortable outsourcing your payroll and tax management. Reporting and filing all of your business’s W-2 and/or 1099 forms requires an understanding of the Internal Revenue Service’s regulations. That means there is no time to worry about making errors. An E-Filer can protect you by reducing your tax filing error rate to less than 1%.
Advanced Micro Solutions’ 1099-etc E-Filer software eliminates the cost of expensive 1099 and W-2 tax forms.
How Do Seniors Benefit from Online Tax Filing?
Gone are the days of ordering too many or not enough forms. Getting in-house software means that you no longer need to rely on anyone else to make your W-2 and 1099 processing fast, efficient, or cost effective. Downloadable software will:
- Keep small businesses more compliant
- Give you a greater sense of control
- Simplify how you submit any corrections
- Reduce the risk of data or identity theft
If you have never used electronic filing software, you might initially feel like it is not for you; it can be intimidating at the start. That is why it is important to get software, like AMS, that was designed by a small business with other small businesses in mind. Our tools for online tax filing for seniors are the most affordable on the market. Additionally, when a customer calls with a question, we always answer.
Best Practices for E-Filing
Avoiding future problems and filing delays is easier when you prepare ahead of time before you utilize tax software. Tax laws can be complex and regularly change, so an intuitive, easy-to-use system is exactly what a tax preparer needs at any age.
Review your program’s cybersecurity features. Strengthening how you protect your business and employees’ data is essential in terms of developing the trust of those who work for you. Get your business some online tax filing for seniors tools that allow you to implement and update the types of strong privacy and security measures that protect sensitive data.
Organize your data to store in an easy-to-access location. Centralizing where you store the business’s data will help you to prepare for e-filing season and in the event of any audits. Utilize scalable tax software that grows with your business. Software should hold onto all of your clients’ data, including all SSNs, EINs, and any direct deposit information.
Leave time for extensions and any corrections. You may run into circumstances with online tax filing for seniors where certain filing extensions are required. Make sure to electronically file your business’s forms a few days before the deadline in case you run into any obstacles. Filing your forms and having them processed earlier will give your business additional time if it needs to make any corrections.
Review all relevant data entries. Accounting and electronic filing software has a smaller error rate than manual filing, but even technology has a margin of error. Invest in software that uses built-in error detection and review anything that you need to manually enter that can influence the business’s calculations and provisions.
Stay Compliant with AMS
Our 1099-etc E-Filer software offers users two e-file options: E-File Direct (add-on) or E-File Services. There are distinct differences in how these options function.
E-File Direct
- Users pay a flat fee
- Unlimited number of form filings
- Produces required W-2 and 1099 files for the IRS or SSA
- Creates state W-2 files for any states that require electronic filing
E-File Services
- Based on volume pricing
- Users pay a fee per form
- Forms are e-filed via a third-party vendor
- Multiple service levels available
Take the mystery out of online tax filing for seniors when you download our free 1099-etc Demo software. The demo gives users a quick and solid understanding of the add-on E-Filer and how it is built from our base W-2/1099 Forms Filer program. Our full-accounting suite of tools is also rounded out by five other optional modules. These include: AMS Payroll, Software Generated Forms, Forms Filer Plus, 1042-S Filer, and an Affordable Care Act Filer.