By using W2 Mate software, businesses can meet IRS FILING requirements and prepare 1096 forms on time. For 2012 tax season the deadline is Thursday February 28, 2013. Free 1096 software demo available at http://www.W2Mate.com/. Filers can purchase the program and receive it instantly.
CHICAGO, Dec. 14, 2012 (GLOBE NEWSWIRE) -- W2 Mate software (www.W2Mate.com) today announced the release of its 2013 form 1096 processing module. Orienting its efforts towards the information-returns-filing market, Illinois-based W2 Mate Software has been successful in helping filers and accounting professionals submit tens of thousands of business tax returns over the past few years. W2 Mate is an extremely user-friendly, windows-based program that covers all the 1099 / 1096 printing and electronic filing needs of corporations, banks, financial intuitions, businesses, non-profits, CPAs and accountants.
Users of popular accounting software like QuickBooks, Sage 50 (Peachtree), Sage DacEasy, Sage MAS 90, Sage MAS 200, SAP and Microsoft Dynamics GP can save a lot of money by using W2 Mate.
A free 1096 1099 Software trial can be downloaded from the company's website by visiting http://www.w2mate.com/.
For 2013, filers are required to send 1099 statements to recipients by Thursday January 31, 2013 (some exceptions apply). 1096 and 1099 reporting with the IRS is due on or before Thursday Feb 28, 2013 for filers using paper forms and Monday April 1, 2013 for filers using electronic 1099 processing. Form 1096 is not required when filing electronically. Tax payers are mandated to file electronically with the IRS FIRE system if they have more than 250 tax forms.
According to the Internal Revenue Service, any person, including a corporation, partnership, individual, estate, and trust, who make reportable transactions during the calendar year, must file information returns (1098, 1099, 5498, W-2G, or 1042-S) to report those transactions to the government. Persons required to file tax forms to the IRS must also send copies to the recipients of the income.
In a statement Nancy Walters, W2 Mate product manager at Real Business Solutions said, "Many businesses and tax professionals are seeking for easy-to-use, reliable as well as cost-effective 1099 1096 preparation software, that's what W2 Mate software offers."
W2 Mate Software Highlights:
- Supports an unlimited number of 1099 Filers and unlimited number of employees and 1099 recipients.
- Prints 2012 1099 recipient copies on regular white paper.
- Complies with 2012 IRS Specifications for Filing Forms 1099 Electronically and complies with SSA Specifications for Filing Forms W-2 Electronically (EFW2).
- Creates 2012 employee W2's as PDF and recipient (vendor) 1099's as PDF.
- Government -approved to print W-2 and W3 tax forms on regular paper including federal copies.
- Data import from leading tax, accounting and CRM software applications including Microsoft Dynamics (Great Plains), Intuit QuickBooks Payroll (W2s) and vendor (1099s), Sage Peachtree, Sage DacEasy, Excel and CSV.
- Efficient and intuitive manual W2 / 1099 data entry.
- Supports 1099MISC, 1099K, 1099INT, 1099DIV, 1099R, W2, W3, 1096, 1099S, 1098T, 1098, 1099A, 1099B, 1099C, 1099PATR, 1099OID.
- Automatically calculates Social Security and Medicare taxes. For paper filers 1096 and W3 are automatically generated.
- Supports Windows 8, Windows 7, Windows Vista, Windows XP, Windows Server 2003, Windows 2000 or Windows 98.
- Roll-over of payer and recipient information from year to year.
- Password protection and data validation.
- Generates printing labels, form totals and recipient lists.
- Prompt, courteous and reliable U.S.-based support through phone, chat or e-mail.
- Network ready with affordable pricing for multiple seats.
- Exports W2s and 1099s to excel.
- Data Backup and restore.
- TIN matching and verification including reports for missing TINs and TIN matching errors.
- Built-in links to form instructions and websites for the IRS, SSA and government tax agencies.
- Calculates social security tax withheld on W2 forms.
- Imports W2 data from EFW2 format.
- Includes 2012 form 1099 instructions.
This information was brought to you by Cision http://www.cisionwire.com
The following pictures are available for download:
|[Image]||1099 Electronic Filing for Businesses and Accountants|
|[Image]||Microsoft Dynamics 1099 and 1096 Printing and Electronic Filing|
|[Image]||W2 Mate software can prepare W-2, 1099, 1098, 1096 and other information returns|
Source: W2 Mate software