“The start of the new year is a busy time for our clients as they wrap up year-end reports and meet important deadlines for tax purposes,” says Nathan Miller, President and Founder of Rentec Direct. “...Our tax filing services streamline important processes for landlords and property managers.”
GRANTS PASS, Ore. (PRWEB) January 24, 2019
Rentec Direct, industry leader in property management software solutions, is streamlining the tax filing process for its clients this tax season. By providing integrated e-filing services and a 1099 Tax Assistant that generates easy-to-read reports, landlords and property managers will easily meet the IRS deadline for 1099-MISC form submission by January 31, 2019.
“The start of the new year is a busy time for our clients as they wrap up year-end reports and meet important deadlines for tax purposes,” says Nathan Miller, President and Founder of Rentec Direct. “That’s why we are always looking for ways to integrate services that will make the process easier on our clients, saving them time and money. Our tax filing services streamline important processes for landlords and property managers.”
Rentec Direct partners with authorized tax professionals, Nelco Solutions, to provide a direct integration which allows users to electronically file their 1099 tax forms. 1099 tax forms are automatically generated based on financial records and vendor payments recorded in the Rentec Direct software program throughout the year, and appropriate forms are sent to recipients electronically and filed with the IRS through the partnership with Nelco Solutions. Landlords and property managers are required to issue a 1099-MISC tax form for any service provider or homeowner who receives more than $600 related to their rental business. The IRS requires property managers to provide their 1099-MISC tax forms to all recipients by January 31, 2019.
In addition to online filing capabilities, Rentec Direct also offers a 1099 Tax Assistant report to pre-populate 1099 tax forms directly through the property management software. Once the 1099 Tax Assistant reports are approved for accuracy, users can review, print and file their 1099-MISC forms.
For more information on Rentec Direct’s 1099-MISC tax filing services and for changes to 1099-MISC tax filing requirements for 2019, visit https://www.rentecdirect.com/blog/2019-1099-tax-deadline/. Rentec Direct’s US-based customer support team is available to help clients with any 1099-MISC e-filing questions and can be reached during normal business hours at 800-881-5139.
About Rentec Direct
Rentec Direct offers industry-leading property management software and tenant screening solutions for real estate professionals. Features include online rent payments, tenant and owner portals, the industry’s largest vacancy listing syndication network, full property, tenant, and owner accounting, 1099-MISC reporting, QuickBooks™ Sync and more. Rentec Direct received three gold-level 2018 American Business Awards, was named to the 2017 and 2018 Inc 5000 List of Fastest-Growing Private Companies and the 2017 and 2018 Entrepreneur360 list for Best Entrepreneurial Companies in America. http://www.rentecdirect.com