Finding the best professional 1099 software is one step that small businesses can take to give more credibility to their business. There might be quite a few overly complex 1099 systems to choose from now or in your past experience. It is crucial to look for an easy-to-use system with an intuitive interface. Take into consideration whether or not you want to get a 1099 program for your business that offers payroll and non-employee support. Making that decision may narrow your search and streamline the process. Whether a business is buying its first 1099 software or you simply need a better system than the existing one, try not to procrastinate.
Advanced Micro Solutions’ base W-2/1099 Forms Filer program is thorough and trustworthy. It operates as a complete database system that generates 1099s, W-2s, and other related forms for all 50 states, plus the District of Columbia and Puerto Rico.
Using Professional 1099 Software vs. Hiring An Accountant
Creating your own tax schedule to meet deadlines is just one of multiple reasons why small businesses prefer their own in-house system. Weighing the advantages of software versus hiring an accountant can be eye-opening for a business’s short- and long-term needs.
Why Buy Tax Software?
Efficiency – It is easier to choose when and where your business completes tax forms when you purchase in-house software. Sending forms directly to the Internal Revenue Service and any additional agencies is smoother when you can do it directly from the program. Using an accountant requires much more back-and-forth before they submit forms and they may focus first on meeting IRS deadlines for other clients.
Ease-of-Use – Find professional 1099 software that walks you through the reporting and filing process easily while offering any necessary technical support. Small businesses benefit from a system with live experts that are available to troubleshoot. An accountant who does not work in your office may not be as readily accessible if you have specific questions.
Price – Purchasing tax software is often a more affordable option than introducing a CPA or a qualified tax professional. Plan out your business’s budget with a long-term comparison to see whether you will save or spend more money with a specific type of 1099 software solution.
Why Hire An Accountant?
Expertise – Developing a relationship with an accountant enables them to understand your business’s financial situation and future goals. The business’s budget will likely determine if getting professional 1099 software without the added benefit of advice is more practical than bringing someone on as consultant with similar software tools.
Better Quality Software – Not all software is created the same. There is professional tax and accounting software that is more sophisticated than products used by the average consumer. Speak upfront with a prospective payroll vendor about whether or not their software can offer everything that your business needs to succeed in your industry.
No Learning Curve – It is difficult to get a worthwhile return on investment if you or your team cannot intuitively use tax software. If an accountant is out of your business’s budget, getting an easy-to-use interface and system that generates 1099 forms significantly reduces the learning curve of professional 1099 software.
What are AMS’ Best 1099 Software Tools?
Small businesses that are leaning toward purchasing in-house 1099 software only need to look as far as AMS’ full accounting suite of tools. Our W-2/1099 Forms Filer is the core product with our system. There are six optional add-on modules that you can purchase at any time if your business requires them. The modules are: E-File, Software Generated Forms, 1042-S Filer, AMS Payroll, Affordable Care Act Filer, and Forms Filer Plus. The core product supports as many as 99,999 employees or recipients per payer.
Import data from multiple sources, including Excel, form print files, and ordinary text files. Our professional 1099 software lets users calculate selected fields and input the payer information only one time. The Browse command tool enables users to enter the data with a spreadsheet format. “Define” default values for a form, like a State Code or ID, with our Default command tool. Save any data automatically through the 1099 software when you access a new form or record to reduce the risk of losing data.
Download our free 1099-etc Demo software today. The demo gives potential users a chance to see how our program will work with their actual data. The demo is nearly fully functional and is the best way to see how different modules interact with the base program. We also offer video tutorials and a Frequently Asked Questions page with additional resources.