Electronic 1099-MISC Added to 2012 1099 Software, Announces

RealTaxTools.com has introduced a new solution that allows users to issue electronic 1099-MISC forms to recipients. The 2012 1099 software eliminates need for filing paper 1099-MISC forms, which brings tangible savings to any organization required to process miscellaneous income tax forms in 2013 tax season.

CHICAGO, Jan. 18, 2013 (GLOBE NEWSWIRE) -- Real Business Solutions (www.RealTaxTools.com) today announced the release of new software for delivering electronic 1099-MISC forms to contractors and vendors. US business filers required by the government to report 1099-Miscellaneous forms can save hundreds of dollars and long working hours by utilizing this new utility.

Free trial of the new Electronic 1099-MISC tool is available at http://www.RealTaxTools.com

Benefits of Delivering Forms 1099-MISC Electronically to Recipients:

Saves valuable time and money.
NO lost or stolen 1099-MISC forms.
Helps the environment and saves trees.
Gives contractors earlier access to their 1099-MISC forms.
Helps filers easily correct 1099-MISC forms.
Allows recipients to easily populate 1099 information into most income tax preparation software.

If the 1099-MISC information to-be-filed resides inside Intuit QuickBooks (QuickBooks Pro, QuickBooks Enterprise, QuickBooks Premier), Microsoft Dynamics (GP or SL), Sage 50 / Peachtree, Sage DacEasy or Excel, then W2 Mate is definitely the right solution for the job. 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 Software highlights:

Supports an unlimited number of 1099 Filers and unlimited number of employees and 1099 recipients.
Prints 2012 1099 recipient copies on regular white paper.
Unlimited 2012 1099 E filing using IRS FIRE System (No per form fees and No data transmission charges).Unlimited 2012 W2 electronic filing submissions using the EFW2 format.
Creates 2012 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)
1099 Data import from MS Dynamics, Great Plains, Intuit QuickBooks, Sage Peachtree, Sage DacEasy, Excel and CSV. Data import from QuickBooks removes the "800 Form" / "$10 Million payroll" maximum limitation.
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 U.S.-based support through phone, chat or e-mail.
Network ready with affordable pricing for multiple seats.
Exports W2s and 1099s to excel.
Complete W2 preparation software.
Free downloadable updates.
TIN matching and verification including reports for missing TINs and TIN matching errors.
Built-in links to form instructions and websites for the IRS, SSA and government tax agencies.
Completes 1099 forms electronically.
Complete 1099 electronic filing software for accountants, CPAs and small business.