A big change is coming this year with the new rule that requires companies to file W2s and 1099s electronically when they have more than ten of those items of any combination. To quote the EFW2:
“If you file 10 or more informational returns such as W-2 or 1099 during a calendar year, you must file them electronically unless the IRS grants you a waiver. (You may be charged a penalty if you fail to file electronically when required.)”
To help you speed up your processing this year, we are introducing a new product, AllReports Lite! AllReports Lite will provide electronic filing for W2s and 1099s just like AllReports. However, unlike AllReports, AllReports Lite will have the ability to load CSV files and enter data manually. Your W2 and 1099 data can then be easily filed electronically. An option will be available to save the data that was created for future use.
To load QuickBooks data or print W2 and 1099 reports, we still offer the full version of AllReports with updates this year to make filing W2s and 1099s more efficient.
Due to the filing changes this year, we wanted to provide a new, lower cost product, for companies that don’t use QuickBooks and still need to electronic file their W2s and 1099s.
Over the next month or so we will provide additional information and pricing so you can preorder AllReports Lite!
We are hard at work on the next major release of AllReports! As mentioned above, we are making changes to increase the efficiency of filing your W2 and 1099 data. We will also be updating it to the latest 2024 EFW and P1220 requirements.
AllReports 27 is still available!
We have updated PitiCalc 2 (Principal Interest Taxes Insurance Calculator) with the latest specifications for VA and FHA loans to allow the most accurate loan calculations available.
In addition to great software, we also offer the follow services:
