Finding payroll software for tax professionals for 2023 taxes and wages delivers an important level of functionality for individuals and firms. Look for an intuitive and thorough system that enables users to enter “live” and after-the-fact payroll throughout the year. Select your next or first payroll software program once you know the specific tools that you or any clients require. Whether you need direct deposit capabilities or paycheck printing, make sure that your software will work in your favor both in the present and in the future.
Advanced Micro Solutions Payroll Software is an affordable and comprehensive add-on module to our base W-2/1099 Forms Filer system. We designed AMS Payroll with tax professionals in mind. Whether you have five clients or 50 clients, the module combines payroll reporting tools and module interaction features to simplify tax year 2023 reporting.
How to Choose the Best Payroll Software for Tax Professionals for 2023
Assess your payroll needs and evaluate any system’s features to determine whether they align with one another. Some questions to ask yourself before purchasing new software are:
How much can I afford to spend on payroll software? Set your price range early to help stay within a reasonable payroll budget. Tax professionals need effective payroll software that will not affect their own finances. Avoid the urge to look into free software programs. Free software does not typically offer the best value. See what the most inexpensive software on the market affords its users and customize it to avoid redundant bells and whistles.
Where are my clients located? Payroll software for tax professionals should support clients in multiple regions or states depending on your requirements. Check to see if your software has a tax tables feature with the relevant state and federal information. You may also prioritize finding a program that outlines all possible tax liabilities.
Will my client roster grow or change? Think about what you need now and what you may need for your clients in five or 10 years. Pre-planning for eventual client expansion means that you need scalable software. Try not to limit your payer or payee capacity. You will save yourself or your firm money by not needing to buy a larger system in a few years time.
Does the software come with a free trial or demo? Look for transparency in payroll software for tax professionals. Find a demo that allows you to enter your real data and observe how the system manages it. Exploring free trials or demos is one of the best ways to save money and eliminate the software that does not fulfill your clients’ needs.
What are the Benefits of Tax Professionals Using Payroll Software?
Investing in payroll software is a proven effective way to reduce tedious, repetitive, or otherwise error-prone payroll management processes. Additional benefits for tax professionals who use software include:
Creating Digital Paper Trails – Stay organized and prepare for possible client audits with your payroll software. Attempting to sort through your desk or filing cabinets is a non-starter. Reduce the risk of misplacing or discarding important documents with a software management system.
Keeping Up With Trends – Invest in trustworthy payroll software for tax professionals for 2023 reporting to avoid falling behind. Clients expect many things from the tax professionals that they hire to manage their finances. Automate how you handle their payroll to keep them satisfied and in line with their competitors.
Building Stronger Relationships – Speak more with clients about their other needs or their concerns rather than spending all of your time entering data. Payroll software allows any tax professional to become more of a business adviser than a faceless numbers cruncher.
Gaining Additional Support – Tax professionals may require their own guidance. Look for a payroll program with Frequently Asked Questions resources and strong customer support. Do not shortchange yourself by ignoring these helpful tools in case you need them one day.
Why Tax Professionals Choose AMS
Our payroll software for tax professionals supports payroll and non-employee compensation across all 50 states, plus the District of Columbia and Puerto Rico. Firms or individuals may input up to 1,999 payers and 9,999 employees per payer into the system. AMS Payroll is an add-on module that possesses interactive capabilities with our larger, full accounting suite of tools. Our five other optional add-on modules are: Software Generated Forms, E-File, Forms Filer Plus, Affordable Care Act Filer, and 1042-S Filer. Download our free 1099-etc Demo to understand how these modules operate individually and with one another.