W2 Mate is distributed electronically for instant download over the internet. A free fully-featured trial version is available at W2-Mate.com for evaluation.
Chicago, IL (PRWEB) January 22, 2015
2014 W2 Mate software (http://www.W2-Mate.com / 1-800-507-1992) updated W2 and 1099 electronic submission engine to help 1099 filers, small business owners and tax professionals comply with latest IRS regulations for the 2014 / 2015 1099 E-File season. The affordable software makes the process of electronically transmitting 1099s to federal and state tax agencies easy and straightforward.
For 2014, W2 Mate software gives filers the ability to create 1099 electronic submissions for IRS 1099 MISC Forms (Miscellaneous Income), 1099-INT Forms (Interest Income), 1099-DIV Forms (Dividends and Distributions), 1099-R Forms (Distributions From Pensions, Annuities, Retirement, etc.), 1098-T Forms (Tuition Statement.), 1096 Forms (Annual Summary and Transmittal of U.S. Information Returns.), 1099 K (Merchant Card and Third Party Network Payments. ), W2 Forms (Wage and Tax Statement.), W3 Forms (Transmittal of Wage and Tax Statements.), 1099-B Forms (Proceeds From Broker and Barter Exchange Transactions.), 1099-PATR Forms (Taxable Distributions Received From Cooperatives.), 1099-OID Forms (Original Issue Discount.), 1099-S Forms (Proceeds From Real Estate Transactions.), 1098 Forms (Mortgage Interest Statement.), 1099-A Forms (Acquisition or Abandonment of Secured Property.) and 1099-C Forms (Cancellation of Debt) .
W2 Mate is distributed electronically for instant download over the internet. The software can also be shipped on a CD. A free fully-featured trial version is available at http://www.W2-Mate.com/ for evaluation.
The IRS FIRE system typically starts accepting submissions during the second half of January of the following year. For 2014 1099 forms the first day to file electronically is Tuesday January 20, 2015. If you are testing submissions you can send starting Tuesday November 3, 2014 until Friday February 20, 2015.
Users of tax, ERP and accounting software systems like SAP, Oracle Payables, Microsoft Great Plains, Microsoft Dynamics GP /SL, Sage MAS 90, Sage MAS 200, Intuit QuickBooks, Sage Peachtree, Sage 50 and Sage DacEasy can save valuable time and money on 1099 processing by utilizing W2 Mate. The 2013 software, not only ships with powerful 1099 data import wizards, it has no limitations on number of companies, forms, recipients, or filers.
According to 2014 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. 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 1099-MISC this year can rely on W2 Mate for all their 2014 / 2015 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 2014 W2s and 1099s with the SSA and IRS (no limitations on the number of tax forms or electronic filing submissions);
Creates 2014 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 Sage Peachtree, MS Dynamics, Great Plains, Intuit QuickBooks, 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 US-based support through phone, chat or e-mail;
Network ready with affordable pricing for multiple seats;
Exports W2s and 1099s to excel;
Meets IRS and SSA regulations;
TIN matching and verification including reports for missing TINs and TIN matching errors;
Secure and reliable;
Supports foreign recipient address for 1099 forms (such as Canadian);
Complete W2 preparation software;
Complete 1099 electronic filing software for accountants, CPAs and small business.
2014 1099 E-file software solution evaluation can be downloaded from http://www.W2-Mate.com