New 1099-K Software from W2Mate.Com Released, IRS Form 1099-K Filing Simplified

Oct. 8, 2012 - PRLog -- Chicago, IL, Real Business Solutions (www.W2Mate.com), US provider of payroll and 1099 filing solutions, announced today that its 1099-K software is now available for immediate purchase and download from its website at W2Mate.com. The state of the art 1099-K reporting program can be used by CPAs, accounting professionals, transportation companies, cab owners, and small businesses to manage the whole cycle of generating IRS 1099 Credit Card forms. W2 Mate can E-File 1099-K tax forms with the IRS through IRS FIRE system and generate password-protected 1099-K forms in PDF format. The PDF 1099s can then be emailed to payees (recipients) instead of paper copies, which delivers tangible money and time-saving benefits to US small businesses and payroll providers.

A Free demo of W2 Mate W2 / 1099 software can be downloaded by going to

http://www.realtaxtools.com/

Most US businesses accept credit cards to provide a quick and easy way for customers to pay for products and services. New IRS regulations require payment settlement entities such as banks to send 1099-K forms to businesses that accept payments made via credit, debit or even gift cards. The new 1099-K forms will also be sent by third-party settlement organizations like PayPal that are contractually obligated to make payments to participating payees or merchants, in a third-party payment network, if the gross payments to a payee exceed $20,000 and consist of more than 200 transactions.1099-K software solution offered by W2Mate.com makes it easy for filers to process IRS Tax Form 1099-K on paper or electronically.

Year after year, small businesses and accounting firms rely on W2 Mate to process accurate and timely 1099 and w2 returns with the IRS and Social Security Administration. W2 Mate software has some of the best 1099 software reviews in the industry. W2 Mate W2 and 1099 tax software offers support for paper-print and paperless (electronic) wage and information return preparation for 1099-MISC, 1099-K, 1099-INT, 1099-DIV, 1099-R, W-2, 1099-S, 1098-T, 1098, 1099-A, 1099-B, 1099-C, 1099-PATR, 1099-OID and associated transmittals (1096 and W-3 forms).

W2 Mate Software highlights:

▶ Prepares unlimited number of W2 and 1099 forms for multiple employers and payers.

▶ Fills in pre-printed 1099 Copy-A forms and prints other copies such as recipient and payer copies on plain paper using black ink.

▶ E-files W2s and 1099s with the SSA and IRS (no limitations on the number of forms or submissions).

▶ Free downloadable updates and free technical support by phone, email and chat.

▶ Creates employee W2's as PDF and recipient (vendor) 1099's as PDF.

▶ Prints government-approved W-2 and W-3 forms on regular white paper (no red-ink form to buy),

▶ Imports data from Intuit QuickBooks (QuickBooks Pro, QuickBooks Enterprise, and QuickBooks Premier), Microsoft Dynamics (GP or SL), Sage Peachtree, Sage DacEasy or CSV/ Excel.

▶ 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.

▶ Supports 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.

Give W2 Mate software a test drive and see for yourself how easy employer 1099 filing can be. Visit W2 Mate 1099 software page.

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