1099Pro

Enterprise 1042-S reporting software with IRS Publication 1187 format, validation, and MeF e-filing.

by 1099Pro Inc. ยท Tax Reporting

Executive Summary

1099Pro offers enterprise-grade software for comprehensive tax reporting, specifically designed for 1042-S forms with built-in IRS Publication 1187 format compliance. It features robust business rules validation to ensure accuracy and supports MeF e-filing for efficient submission to the IRS. The platform extends its capabilities to include broader 1099 and W-2 filing, offering e-filing, print & mail services, and eDelivery options to simplify compliance during busy tax seasons. Key features such as automated TIN matching, corrections management, and secure data handling streamline the entire tax reporting process, reducing manual effort and minimizing errors. 1099Pro provides flexibility with both cloud-based and desktop solutions; the cloud version manages printing, addressing, and delivery, while the desktop version offers local control and offline capabilities. Furthermore, the software supports API integration, allowing seamless data verification and form population with existing accounts payable systems. This integration capability ensures that organizations can maintain a cohesive and efficient workflow for all their tax compliance needs.

Use Cases

  • E-filing 1042-S forms with IRS Publication 1187 compliance and MeF submission.
  • Automated TIN matching for vendor verification and compliance.
  • Printing, mailing, and eDelivery of 1099 and W-2 forms to recipients and the IRS.
  • Processing and submitting corrections for previously filed tax forms.
  • Integrating tax reporting functionalities with existing accounts payable systems via API.

Features

Visibility

  • Filing Status Tracking: Monitor the status of all submitted tax forms and compliance activities through an intuitive interface.
  • Correction Management: Tools to easily identify, process, and submit corrections for previously filed forms, ensuring accuracy and compliance.

Intelligence

  • Automated TIN Matching: Verify Taxpayer Identification Numbers (TINs) against IRS databases to ensure accuracy and compliance, reducing penalties.
  • Business Rules Validation: Automatically validate forms against IRS Publication 1187 and other regulatory requirements to prevent errors before submission.

Support

  • Dedicated Support: Access to support resources for assistance with software usage, technical issues, and compliance questions.

Technical Specifications

Architecture
Client-server (for Desktop) and Cloud-based (for 1099Pro Cloud) with API integration capabilities.
Deployment
SaaS, On-Premise
API Available
Yes

Security & Compliance

Encryption: Data is handled with secure processing and secure data handling protocols, implying encryption for data in transit and at rest.

Pricing

Model
Per record/form, subscription plans, prepaid plans
Starting Price
Contact sales
Target Customer
Mid-Market,Enterprise
Contract Type
Annual, Monthly
Free Trial
Yes, 7 days

Ratings & Reviews

G2: 4.5/5/5