From businesses in the restaurant industry to construction companies, everyone wants the best-rated 1099 software. Stay proactive and protect your business from making expensive errors and avoidable miscalculations with manual reporting. There is 1099 software specifically designed for small and medium-sized businesses. Software providers may not create software equally, but it is worth assessing whether your current reporting method is benefiting you and your company. Get new software that works for your business sooner rather than later. Whether you already use 1099 software or your business needs to transition out of manually reporting, there are affordable solutions.
Advanced Micro Solutions’ base W-2/1099 Forms Filer program is a great foundation for small businesses that need a system to generate different 1099s, W-2s, and other related forms. We designed our software to operate in all 50 states, plus the District of Columbia and Puerto Rico.
What are the Best-Rated 1099 Software Features?
Never settle for 1099 features that you do not want or ones that you know your business will never utilize. Consider getting the software that serves the business’s needs and creates less, not more, work for you. Look for:
Scalability – Map out the projected growth or how you would like to see your business grow over the next several years. Take that estimated growth into account when you invest in your 1099 software system. You do not want a program that you will outgrow before it has paid for itself.
Easy Importing and Exporting – Speak with your prospective 1099 software vendor about the locations from which you can import and export data. The best-rated 1099 software will allow its users to import and export data between multiple file types. Confirm that any third party systems integrate with your 1099 software.
Electronic Filing Capabilities – Save time on ordering forms and eliminate needing to print the extra 1096 forms when you electronically file 1099s. Many 1099 software systems integrate with an e-file program whether it is through the Internal Revenue Service’s FIRE system or another method. All it should take is a few simple clicks.
File Encryption – Protect your business and employees’ data with 1099 software encryption tools. Some software like AMS allows users to create encrypted PDF files. Your business can email reports to clients directly and securely from our best-rated 1099 software.
Pros and Cons of Getting 1099 Software
Try not to talk yourself out of getting 1099 software before you take the time to see how it will help your business. It is nevertheless important to maintain realistic expectations. Trustworthy 1099 software should:
Provide businesses with time-saving automation features. Finish completing and submitting your business’s 1099 forms in minutes or hours rather than days. Getting the right software can help you spend less time on individual forms and on reporting in general. Batch reporting and batch printing go a long way toward streamlining 1099 management.
Support businesses in multiple regions based on their requirements. You may only have a single location now, but consider whether that will change. Think about if your business requires the best-rated 1099 software to report on workers who live in different states.
Every 1099 program has limitations as well. You should not expect 1099 software to:
Catch every human error before you submit a form or report. Errors are still possible even with the best 1099 system and the most comprehensive features. Prioritize getting a system to cut down on these mistakes and putting someone or multiple people in charge of reviewing the forms as well. A joint effort provides much more significant support.
Never encounter glitches when it comes to your data or information. No 1099 system is perfect and glitches can occur. Make sure that you always keep the 1099 software up-to-date. Any system cannot safeguard your information if it is not fully functional.
Who Needs AMS Software?
Avoid wasting your business’s time trying to determine which vendor offers the best-rated 1099 software for you. Download our free 1099-etc Demo software and see for yourself how the core product operates with your actual data. Our base W-2/1099 system also comes with six optional add-on modules if you wish to build out a full accounting suite of tools. The modules are: Forms Filer Plus, E-File, AMS Payroll, 1042-S Filer, Affordable Care Act Filer, and Software Generated Forms. Pair any or all of these with our base program, which supports up to 99,999 employees or recipients per payer. Enter your business’s data onto entry screens that look like actual forms.