This new release of W2 Mate reflects our deep commitment to delivering affordable and easy-to-use 1099-A filing solutions that help businesses of every size process 1099 acquisition or abandonment tax forms in-house.
Jacksonville, Florida (PRWEB) November 14, 2011
Real Business Solutions (http://www.W2Mate.com), a leading provider of 1099 software, invites commercial banks, trust companies, credit unions and other US lending institutions to try the 1099-A processing module available in its W2 Mate software. W2 Mate, W2 1099 filing program, is loaded with features that make it easy and affordable for tax professionals and businesses to prepare IRS 1099 forms including 1099-A (Acquisition or Abandonment of Secured Property). The 2011 / 2012 tax season is easy and stress-free with our 1099-A software.
W2 Mate saves users time and money by printing 1099-A forms copy B (For Borrower) and Copy C (For Lender) on regular white paper. This eliminates the need to buy expensive laser red-ink forms. All substitute forms generated by this 1099-A software comply with IRS publication Publication 1179 (General Rules and Specifications for Substitute Forms 1096, 1098, 1099, 5498, W-2G, and 1042-S).
If your 1099-A information resides inside Intuit QuickBooks (QuickBooks Pro, QuickBooks Enterprise, QuickBooks Premier), Microsoft Dynamics (GP or SL), Sage Peachtree, Sage DacEasy or Excel and you are looking for 1099A software to prepare your forms then W2 Mate is definitely for you. W2 Mate has a unique mechanism for importing data from different accounting and payroll software to allow users print a wide range of w2 and 1099 forms.
W2 Mate can also generate 1099-A electronic filing submissions ready to upload to the IRS FIRE System. The 1099 electronic reporting module that ships with W2 Mate provides the capabilities for E-Filing the following forms with the federal government: W2, 1099-MISC, 1099-INT, 1099-DIV, 1099-R, W-3, 1096, 1099-S, 1098-T, 1098, 1099-A, 1099-B, 1099-C, 1099-PATR and 1099-OID. Several states have implemented W2 and 1099 electronic filing regulations, using the IRS and SSA reporting requirements as a basis. W2 Mate users who file 1099s for recipients who live or work in the states that comply with IRS publication 1220 (1099 electronic filing) can file their state information using the W2 Mate 1099 electronic reporting module. And users, who file W2s for employees who live or work in the states that comply with SSA EFW2 specification (W2 electronic filing), can also use W2 Mate to file state W-2s electronically. Processing W2s and 1099s electronically is easy to use, efficient, secure, fast, flexible, and above all saves filers valuable time and money. Any filer of W2 or 1099 information returns may submit their forms electronically; however any employer or business who files 250 or more forms for any calendar year must file electronically.
In a statement Nancy Walters, W2 Mate product manager at Real Business Solutions said, "This new release of W2 Mate reflects our deep commitment to delivering affordable and easy-to-use 1099-A filing solutions that help businesses of every size process 1099 acquisition or abandonment tax forms in-house. 1099 reporting is a chore, but it doesn't have to be. This is why we built W2 Mate. A powerful, yet very affordable,1099 software that takes the complexity out of year-end-reporting by providing the right tools to file W2 forms with the SSA and 1099 forms with the IRS."
A free 1099-A reporting software demo can be downloaded by visiting http://www.realtaxtools.com/.
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