What is the Best Online Way to File Taxes?

Anyone looking to take control of filing taxes may consider downloading desktop tax software for the best online way to file taxes. It can feel daunting if you need to file on your own for the first time rather than outsourcing it to a professional or third-party vendor. The right tax software will help you to minimize the learning curve for you or anyone else who may be using the system. That, in turn, will help you reduce the risk of making errors when you e-file your forms rather than trying to save money by manually filing them. Getting trustworthy and comprehensive software should also come with:

  • A strong customer support arm
  • Transparent and affordable pricing
  • Modular capabilities

Advanced Micro Solutions’ 1099-etc E-Filer software is the most affordable e-file solution on the market. Eliminate the expense of ordering too many forms or the inconvenience of not ordering enough when you invest in E-Filer software.

 

Steps for the Best Online Way to File Taxes

Getting a smooth and accurate tax filing experience should be what every first-time software user expects and receives from their new program.

 

Proactively Gather and Organize All Documents

Collecting all of the documents that you plan to electronically file will help to improve your time management. Early collection will also help you avoid errors or delays as the Internal Revenue Service processes your return. Key information to keep organized in one location include:

  • Social Security Number
  • Taxpayer Identification Number
  • W-2 and/or 1099 forms

Keeping your information in one easy-to-access, modular system will help reduce the amount of time that you spend away from focusing on your core operations during the tax season.

 

Embrace All Automation and E-Filing Capabilities

The best online way to file taxes is by using all of the automated tools at your disposal. These will range from electronic filing capabilities to direct deposit features. Some users choose to utilize tax software but print and mail certain forms instead of electronically filing them. Eliminate overhead costs like printer ink, paper, and mailing resources by switching entirely to e-filing.

 

Pay Attention to Your Deadlines

Deadlines can sneak up on you if it is your first time managing your tax documents without a third-party vendor or professional. Staying on top of the deadlines is easier if you e-file forms rather than printing out certain documents and spending extra time preparing to mail them. Utilize the best online way to file taxes in order to reduce the risk of incurring a failure-to-file penalty. Facing the penalty can be costly and aggravating for independent contractors or a small business.

 

Keep Accurate Records

The Internal Revenue Service has certain rules that tax professionals already know about tax recordkeeping. If it is your first time filing taxes with software that you downloaded online, you will need to make sure to:

  • Hold onto copies of filed tax returns and supporting documents for at least three years
  • Possibly hold onto records longer if you significantly underreport any income

It is also helpful to categorize your records (income or expenses) before storing them in any accounting software.

 

Is Electronic Filing an Error-Free Solution?

Downloading software for the best online way to file taxes does not come with any guarantees. There is always room for human error and technology can miss catching the errors, but it helps to significantly reduce the risk for individuals and keeps everyone more compliant. Get e-filing software for your tax filing requirements with the added benefit of saving money and materials, plus the convenience of not needing to load special forms into your printer.

It is also worth noting that not all electronic filing software was created equally for businesses or independent contractors. Even businesses that are in the same industry have unique needs. Small businesses that use our 1099-etc E-Filer can do so knowing that it was designed by a small business that is willing and ready to answer your software questions.

 

Choosing the Best E-Filing Option

The best online way to file taxes can only be decided by knowing what you need the most. Our 1099-etc software provides its users with two options: E-File Direct (add-on) or E-File Services. There are key differences between the options.

 

E-File Direct

  • Has a flat fee
  • Offers an unlimited number of form filings
  • Allows users to create state W-2 files for states with electronic filing requirements

 

E-File Services

  • Operates under volume pricing (fee per form)
  • Files forms electronically through a third-party vendor
  • Provides customizable service levels based on individual time and budget requirements

Not sure which option is right for you? Download our free 1099-etc Demo software today and get started by exploring your options.

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.