At Realtaxtools.com, we focus on building affordable and reliable W-2 1099 processing solutions for business filers, CPAs and accountants.
Chicago, IL (PRWEB) January 01, 2013
Real Business Solutions (http://www.realtaxtools.com), the proven payroll and 1099 solutions provider, today announced the release of its 2012 PDF W-2 Forms module inside W2 Mate software. This update includes support for the new changes introduced by the IRS and outlined in the “2012 General Instructions for Forms W-2 and W-3” and “2012 Publication 1141 - General Rules and Specifications for Substitute Forms W-2 and W-3”.
The PDF W-2 forms feature available inside W2 Mate makes issuing W-2s to employees as simple as sending email. No forms to print, no envelopes to stuff, no paper cuts, no postage and no headache. Just enter employee information, generate a PDF file and email. The PDF files generated by W2 Mate W2 / 1099 compliance system are encrypted and require a password in order to be opened. This makes sending these files by e-mail or any other electronic means more secure. The electronic version of form W-2 generated by W2 Mate contains all required information and complies with applicable IRS procedures relating to substitute statements to employees.
In a statement Nancy Walters, W2 Mate product manager at Real Business Solutions said, "At Realtaxtools.com, we focus on building affordable and reliable W2 1099 processing solutions for business filers, CPAs and accountants."
A free evaluation of W2 Mate 2012 can be downloaded from http://www.W2Mate.com/ . Customers can purchase the software and receive it instantly.
According to 2012 IRS regulations, penalties may be assessed for failure to file correct information returns (1099, 1098 and other similar tax forms) by the due date, without reasonable cause. This includes Form W-2. The penalty may also apply if the filer shows incomplete or incorrect information, or files on paper when required to file electronically. Businesses and accounting professionals required to process IRS Form W-2 this year can rely on W2 Mate for all their 2012 / 2013 filing needs.
W2 Mate Software Highlights:
- Supports an unlimited number of 1099 Filers and unlimited number of employees and 1099 recipients.
- Fills in pre-printed 1099 Copy-A forms and prints other 1099 copies such as recipient and payer copies on plain paper using black ink.
- E-files 2012 W2s and 1099s with the SSA and IRS (no limitations on the number of tax forms or submissions).
- Creates 2012 employee W2's as PDF and recipient (vendor) 1099's as PDF.
- SSA-approved to print W2 and W3 forms on regular paper including government 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.
- Free downloadable updates.
- TIN matching and verification including reports for missing TINs and TIN matching errors.
- On-premise software solution to be installed on individual computers / workstations.
- Calculates social security tax withheld on W2 forms.
- Includes deadlines for 1099 mailing ( 1099 filing due dates).
- Demo software includes sample company with sample 1099 forms filled out.
A free 2012 W-2 printing and e-filing software solution evaluation can be downloaded from http://www.W2Mate.com. Customers can purchase the software and receive it instantly.