PayCycle® 1099 E-File Service Starts January 1, 2009

Easy Low Cost Service Available January 1, 2009 - April 25, 2009 for Accounting Professionals Serving Small Businesses

Palo Alto, CA (PRWEB) October 20, 2008 -- PayCycle, Inc., America's #1 online payroll service, today announced that its 1099 MISC E-File service will be open for accounting professionals serving small business clients, starting January 1, 2009. PayCycle offers this standalone service every year during the busy tax season when accounting professionals are looking for ways to cut costs and reduce the time required to process year end filings.

PayCycle also announced that it will be extending the period during which the 1099 E-filing service is offered from January 1st, 2009 through April 25th, 2009. Accountants have the ability to sign up for the service through April 25th, 2009 and can electronically file through April 30th, 2009. The IRS deadline to E-File 1099 forms is March 31, 2009. The extension of PayCycle's service does not extend the IRS filing deadline; however, it assists accountants who help small businesses that file late.

"PayCycle has offered this service for several years and we are proud to serve thousands of accountants and their small business clients who need the 1099 MISC service. This is yet another service option that accountants can offer to their clients who pay contractors," said Julie Lubetkin, Marketing Director, PayCycle, Inc.

With the 1099 MISC service, accounting professionals can enter the recipient information online, print 1099 forms for recipients immediately, and electronically submit the forms to the IRS. The 1099 MISC forms filed using PayCycle's service remain archived, allowing accountants to return the following tax season to find past 1099 vendor information intact.

"PayCycle's 1099 service is incomparable. The service saves time, is efficient and well thought out," said Andrew Newman, CPA, Newman Associates. "I highly recommend this service to any accounting professional for their clients who pay contractors. It is cost effective, easy to use, and there is absolutely no software to download," continued Newman.

PayCycle's 1099 MISC E-File service costs just $19 per client. For each client, accounting professionals can print and file 1099 forms for up to fifty contractors. For more information, contact PayCycle customer support at 866-729-2925 or email at sales@paycycle.com. Accounting professionals can sign up for this service starting January 1, 2009, at www.paycycle.com.

About PayCycle

PayCycle is America's #1 online payroll service, serving the payroll service needs of more than 75,000 small businesses. PayCycle provides an easy-to-use, innovative, efficient service for small businesses backed by outstanding customer support. PayCycle also powers payroll services for leading financial institutions including Capital One and PNC Bank, and provides client payroll services through many of the nation's accounting professionals. PayCycle's service integrates with leading accounting programs such as QuickBooks(r), Quicken(r), Peachtree(r), and Microsoft(r) Money. PayCycle's unique "Do-It-With-You(sm)" (DIWY(sm)) technology platform guides customers through the entire payroll process from paychecks to W2 forms.

Note: PayCycle is a registered trademark, and "Do-It-With-You" and "DIWY" are service marks of PayCycle, Inc. All other product names and trademarks are the property of their respective owners.

# # #