The essential features that small businesses look for in tax filing software for professionals can and should differ based on the complexities of each user’s tax situation. Yet, it is important that small businesses recognize the key functions that any software system should have, including:
- A user-friendly interface
- Accuracy checks
- Comprehensive security
- Consistent customer support
The most important features for each user will vary based on your small business’s size and the locations of operation. That is why a program like Advanced Micro Solutions’ 1099-etc E-Filer is a highly-regarded choice by small businesses on a budget across the country.
Our 1099-etc E-Filer software is the most affordable solution on the market and is highly customizable for small businesses who need a scalable solution.
Our two options are E-File Direct (add-on module) and E-File Services (via third-party vendor). The add-on module is an extension of our base W-2/1099 Forms Filer program.
Essential Features in Tax Filing Software for Professionals
Business professionals who are utilizing tax filing software need to be aware of the features that will best position them for success and total compliance.
- Automatic calculations
- Electronic filing capabilities
- User-friendly interface
- Error detection
- Security and data privacy
- Scalability
- Customer support
- Data importing
Automation – Performing complex math automatically by using tax filing software helps reduce the risk of human error for professionals. Getting a base system with tools, such as a Common Payee File, lets users select a payee across payers or 1099 forms without needing to input the same information multiple times.
E-Filing – Guaranteeing quick and secure submissions for your documents is possible with tax filing software for professionals. Faster processing and refunds occur when you e-file directly to the Internal Revenue Service.
The IRS issues most refunds within 21 days for taxpayers who file electronically and select the direct deposit option.
Easy-to-Use – Using tax filing software with an intuitive design and menu-driven format will help to streamline the entire process. Small businesses that are first-time software users may benefit most from an in-house guided system that lets them enter data onto entry screens reflecting the actual form.
Accuracy – Identifying mistakes and omissions before you file any taxes with the Internal Revenue Service will support your business by saving you:
- Time
- Money
- Resources
Investing in tax filing software for professionals will help your business prevent rejections by the Internal Revenue Service or state authorities so you do not need to repeat the entire process.
Security – Securely storing your business and employees’ sensitive data in software is a much more reliable method than keeping all of your documents strictly in filing cabinets. Any in-house software will allow you to limit who gains access to what information and from where. It will also centralize where you store information in the event of an audit by the Internal Revenue Service.
Scalability – Despite small businesses growing at different rates to larger ones, software users need to know that they will not outgrow any system too fast. Tax filing software for professionals should check all the boxes that you need right now and might need in the immediate future for geo-location and tax form support.
Support – Speak upfront with your potential vendor about what they can offer your business in the way of accessible customer support. It may include live expert support and/or a Frequently Asked Questions page on their website for any technical glitches and troubleshooting.
Importing – Data imports are essential when it comes to transferring your W-2 and 1099 tax information. Reducing all manual data entries will allow you to focus on your business’s core, daily operations.
There is a less than 1% error rate for e-filed returns compared to 21% for paper returns.
What are the Benefits of Tax Filing with AMS Software?
Tax filing software for professionals can assist businesses of any size whenever they need to eliminate the cost of expensive 1099 and W-2 forms. Small businesses in particular know the importance of staying within a budget. That is easier if you spend less money on materials or the potential overtime cost of having a current employee handle the books.
Our 1099-etc E-Filer provides users with flexible options for the most affordable and efficient way to file their taxes.
E-File Direct
- Flat fee
- Unlimited number of form filings
- Users can verify, view, and print files
E-File Services
- Volume pricing (fee per form)
- Forms are e-filed through a third-party vendor
- Different service levels available
Download our free 1099-etc Demo software today and see how our E-Filer interacts with any of our other optional add-on modules. These include:
- AMS Payroll
- Forms Filer Plus
- Affordable Care Act Filer
- 1042-S Filer
- Software Generated Forms