Payroll 1099 News

News related to 1099 forms, payroll software and IRS tax forms.

Payroll Mate software Review by the CPA Practice Advisor

In their 2015 review of top payroll software applications the CPA Practice Advisor have awarded Payroll Mate 4.5 stars (on a 5 star rating scale). The review covers the different features and strengths of Payroll Mate. The payroll software review looks at the following areas: Basic System Functions, Reporting and Monitoring, Integration/Import/Export, Help/Support, Client Self Service Features and Advanced Features. The review by the esteemed CPA magazine also covered other major providers such as ADP, Paychex and Intuit payroll. Per the review the main strengths of Payroll Mate include Low price and immediate installation, Simple set up, easy Export to QuickBooks and accounting packages and powerful reports are available in Excel, text and PDF formats.

To learn more about the CPA Practice Advisor magazine visit CpaPracticeAdvisor.com.

To learn about Payroll Mate visit http://www.realtaxtools.com/payrollsoftware/payroll_software.html

The CPA Practice Advisor Magazine Review of Payroll Mate software

 

QuickBooks Forms 1095-C / 1094-C Print and E-File

Since Intuit QuickBooks different versions do not support the new Affordable Care Act (ACA) forms 1095-C and 1094-C you will need software that can import data exported from QuickBooks and then generate these forms either on paper or electronically.

Please remember that form 1095-C gets sent both to the employee AND the IRS. While summary form 1094-C gets sent to the IRS only.

1095 Mate software from Real Business Solutions is a great tool for QuickBooks users wanting to prepare ACA forms. The software can import employee data exported from QuickBooks, allows the user to set defaults for the data that does not exists inside QuickBooks and to either manually type or import from a spreadsheet any other data needed to prepare 1095-C and the summary 1094-C.

Summary of steps:

Step 1: Export employee information from QuickBooks. The best report to use is called “Employee Contact List”. You can find this report here (Reports > Employees & Payroll > Employee Contact List). Once the report is generated you will need to export as CSV (Comma Separated Values).

Step 2: Open 1095 Mate software. If you do not have a copy you can either download free trial or buy the software from http://www.realtaxtools.com/aca-1095-1094-software/ .

Step 3: From the top menu select the import feature, load the file you exported from QuickBooks and then import the file. This will bring over your employees and you will have most of the data needed to generate forms 1095-C.

Step 4: Now you can either import the list of Covered Individuals (Form 1095-C Part III) from a spreadsheet or type manually inside 1095 Mate. If you are importing from spreadsheet you will need the following columns (Employee SSN, Covered Individual First Name, Covered Individual Last Name, Covered Individual First SSN).

Step 5: Review and double check your data inside 1095 Mate.

Step 6: Print form 1095-C and mail to employees. You can also create PDF 1095-C forms which you can email to your employees.

Step 7: Print forms 1094-C and 1095-C and mail to the IRS. If you want to e-File these forms you can also use 1095 Mate to create an XML file ready to upload the IRS AIR System.

To learn more about 1095 Mate call 1-800-507-1992, email sales@realtaxtools.com or visit http://www.realtaxtools.com .

QuickBooks 1095 Software

2011 1099-R Software with Tools for 1099-R Printing and Electronic Filing

With the release of W2 Mate 2011 , corporations, accountants, CPAs and tax preparers now have the right tools for form 1099-R compliance. The 1099-R software provides all the features businesses need to process, create, prepare, import, print, and file electronically IRS 1099 retirement forms for the 2011 / 2012 tax season.

New York, NY (Real Business Solutions) November 04, 2011

Real Business Solutions, a leading provider of 1099 preparation software, announced today that its 1099-R software is now available for immediate purchase and download from its website at W2Mate.com. The state of the art W2 1099 filing software offers a suite of highly productive features to help corporations, small businesses, accounting firms, and 1099 service providers manage the whole cycle of preparing 1099-R forms including typing, importing, modifying, validating, printing and 1099-R E-filing with IRS FIRE System.

A free 1099-R Software Demo can be downloaded by visiting http://www.realtaxtools.com/.

In the past, only larger companies could afford an advanced 1099-R processing software system to manage 1099-R printing and electronic filing process. With W2 Mate, any business can gain full-scale 1099 reporting management tools featuring state of the art integration with leading accounting and tax applications including Intuit QuickBooks, Microsoft Dynamics, Sage Peachtree and Sage DacEasy.

W2 Mate W2 and 1099 tax software offers support for paper-print and paperless (electronic) wage and information return preparation for 1099-R, 1099-MISC, 1099-INT, 1099-DIV, W-2, 1099-S, 1098-T, 1098, 1099-A, 1099-B, 1099-C, 1099-PATR, 1099-OID and associated transmittals (1096 and W-3 forms).

Contact Real Business Solutions:

Website: http://www.realtaxtools.com/

W2 1099 Software FREE Download: http://www.realtaxtools.com/download.html

Payroll Software FREE Download: http://www.realtaxtools.com/payrollsoftware/payroll_software.html

Phone: 800-507-1992

Email: info@realtaxtools.com