WorldSharp 1042-S Tax Form Preparation System for 2007 Now Shipping

PRLog (Press Release) – Feb 19, 2008 – ANGEL FIRE, New Mexico —  WorldSharp Technologies, Inc. today announced the availability of the 2007 version of the Worldsharp 1042-S Preparation System.  It is ready to ship with the new forms changes and the IRS electronic reporting specifications for 2007.

The 2007 version works with all Microsoft Windows versions from 95 to Vista.  Items can be entered using two different modes of data entry.  One is a simple fast data entry where the operator enters all fields in a tabular format.  The other uses a WYSIWYG Screen that looks just like the printed 1042-S.  The data can also be imported from excel files or files from other  computer applications.

Printing can be on pre-printed forms or blank paper.  On inkjet and laser printers, the system will print the form and the data.  The system prints and electronically reports 1042-S Forms.

Bobby Anderson, president of WorldSharp Technologies said that in the past, the system was primarily used by banks and financial institutions, which is WorldSharp’s main marketing focus.  However, in recent years, companies in many industries have discovered that the system can be very cost effective for them.  The system is priced very competitively at $169.95 for a single user version and 10-license version for $329.95.  When purchasing the 1042-S Version, the user automatically receives the base system which also allows printing and electronic filing of all 1098’s, 1099’s, 5498’s and W-2g’s.  Unlike other systems, the WorldSharp 1099 Preparation System allows users to process any kind of 1099 form and has no restrictions on the number of forms processed.

For additional information or a demo of the 2007 version of the WorldSharp 1042-S Preparation System, contact customer support at (575)445-2504 or visit http://www.WorldSharp.com.  Inquires may also be addressed to info@worldsharp.com.

WorldSharp Technologies, Inc. is located in Angel Fire, New Mexico and provides financial software packages primarily to banks and financial institutions.  For additional information about WorldSharp visit http://www.WorldSharp.com.