What to Know About Online Tax Filing for Self-Employed Workers

Navigating online tax filing requirements for the self-employed may have benefits and drawbacks depending on your experience level and the amount of time that you can dedicate to learning your required tasks. The good news is that there is tax software designed for a self-employed worker who understands the importance of moving away from paper filing. Whether you want electronic tax filing because you are making too many errors or you want to minimize how much you spend on resources, an E-Filer with modular capabilities might be best for you.

Advanced Micro Solutions’ 1099-etc E-Filer software makes purchasing expensive 1099 and W-2 forms a thing of the past. Our software offers two e-file options: E-File Direct (add-on) or E-File Services. The add-on module can be paired with five other optional add-on modules, including Software Generated Forms.

 

Does Online Tax Filing for Self-Employed Workers Make Sense?

Filing business taxes with software that you purchase online is beneficial for self-employed workers who:

Want Convenience and Flexibility – Complete your taxes on your own schedule rather than worrying about when you send a third-party vendor your data. Increased flexibility is useful for self-employed workers who:

  • Have demanding or unpredictable schedules
  • Work from home

Need to Save Time – Automation features in tax filing software should guide you through the necessary steps while you calculate deductions and credits. Not needing to do calculations by hand or repeatedly inputting information can significantly reduce how much time is spent handling tax preparation compared to manual paper filing.

Need An Affordable Solution – Transitioning to online tax filing for self-employed reporting may feel cost-prohibitive depending on the software. Look for software that:

  • Has transparent pricing
  • Is customizable so that you only pay for what you need

Free electronic filing software may seem compelling as you look at software prices. It is much safer and productive to get an affordable system such as 1099-etc E-Filer. Our software does not limit its users but instead can provide varying service levels.

Looking For Greater Accuracy – Meeting all e-filing deadlines and accurately calculating your forms before you send them. Reducing the risk of any underpayment penalties or missed deductions is helpful with online tax filing for self-employed workers who may not have additional team oversight to review tax documents.

Want Better Security Features – Utilizing downloadable software is always a sure-fire method of protecting your data. Minimize worries about cloud leaks or hacks when you get a desktop system that is capable of safeguarding sensitive financial information as you transmit it to the Internal Revenue Service.

 

Best Self-Employed Tax Software Tools

You may find that the best software tools are broader reaching than you expected when you decided to make the transition over to in-house software. Getting yourself a fully-integrated modular system can give self-employed workers access to truly comprehensive features that meet the requirements for online tax filing for self-employed. Consider pairing your E-Filer with:

  • Payroll software
  • Software Generated Forms
  • Forms Filer Plus software
  • A base W-2/1099 Forms Filer system

Getting software like what we offer through Advanced Micro Solutions’ powerful, modular suite of tools will provide self-employed individuals with more flexible and trustworthy solutions.

 

What Are My E-Filing Options?

Explore the options that 1099-etc E-Filer software can offer your business before you purchase any of our programs. Download our free 1099-etc Demo software today and input your actual information. The software will contain the same information that you entered with the demo when you purchase the program.

E-File Direct will allow you to:

  • Produce all of the required W-2 and 1099 files for the IRS or SSA
  • Verify, view, and print files
  • Create files in the program’s directory
  • Make state W-2 files for states with electronic filing requirements

 

E-File Services provides users with:

  • Volume pricing (fee per form)
  • Filing services through a third-party vendor
  • Multiple service levels
  • Unique customization based on the user’s time and budget requirements

Online tax filing for self-employed individuals is not for everyone, but it may be the right solution for you and your business. Our software is the most affordable on the market and was designed by a small business that understands many needs of other small businesses.

Our six add-on modules are fully integrated with our base program, which means you will not need to worry about purchasing multiple programs that are compatible. The module systems aside from an E-Filer are: AMS Payroll, Software Generated Forms, 1042-S Filer, Forms Filer Plus, and an Affordable Care Act Filer.

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.