CPA Practice Advisor

OCT 2014

Today's Technology for Tomorrow's Firm.

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12 October 2014 • www.CPAPracticeAdvisor.com W-2/1099 PREPARATION PROGRAMS Reviews BEST FIT Accounting professionals looking for an inexpensive way to process year-end compliance forms STRENGTHS • Simple screen layout and data entry design • Core product is inexpensive and fulflls the majority of needs • Wide support for data import, w ith appropriate module pur- chase POTENTIAL LIMITATIONS • Multiple module options and add-ons may confuse some users SUMMARY & PRICING W2 Mate is a cost efective solution for processing year-end tax compli- ance forms. W2 Mate is a modular system, which may be confusing to some users, with each module car- rying its own pricing structure. Te core product pricing is $39 with each add-on module currently individually priced between $25 and $115. A complete system, including all network capabilities and advanced functions, will cost around $500. www.RealTaxTools.com BEST FIT Accounting practitioners looking f o r a f u l l - s e r v i c e a n d f l e x i b l e application to handle multiple W-2 and 1099 year-end flings STRENGTHS • Av a i l a b l e a s a t a x r e p o r t i n g solution for Windows and Mac platforms • C o m p r e h e n s i v e l i s t o f d a t a import types • Strong electronic fling capabili- ties POTENTIAL LIMITATIONS • Potential limited phone support SUMMARY & PRICING Tax-Mate 1099 Advisor is a full- service application for accounting frms that need power and fexibility when processing a high volume of year-end tax compliance. Tax-Mate 1099 actually comes in four edi- tions, w ith the Adv isor edition being the most comprehensive. Current pricing for Tax Mate 1099 Advisor is $325 and provides all functions noted above. Pricing for the Print, Print Plus and Trans- mital editions are $99, $165 and $215, respectfully. Heavy discount p r i c i ng i s av a i l ab l e f o r f u t u re upgrade pricing. www.FormMagic.com BEST FIT Accounting professionals looking for an inexpensive solution for a small number of year-end forms compliance and processing STRENGTHS • No separate module for printing on plain paper • Cost efective solution for small organizations • D a t a e n t r y s c r e e n s m i r r o r printed forms POTENTIAL LIMITATIONS • Limited import capabilities SUMMARY & PRICING Laser Link is a cost efective system designed to complement manual accounting systems. Pricing for Laser Link is currently at $61.99 and includes 25 free electronic fling forms. Pricing for additional forms currently ranges between $1.00 and $3.95 depending upon form electronic fling needs. A sister solution, called TFP, is ofered and includes much of the same func- tionality as Laser Link, but does not s u p p o r t p l a i n pa p e r p r i n t i ng . Pricing for TFP is currently $41.99. www.Tenenz.com BEST FIRM FIT Accounting professionals looking for a solution to handle a large volume of year-end compliance flings STRENGTHS • A ll-inclusive sofware design; no separate modules • Strong security options • Recipients may receive forms via email from within the system POTENTIAL LIMITATIONS • No direct Quick Books integra- tion, only through Quick Books PR N fles SUMMARY & PRICING MAG-FILER is a complete package that contains all required functions to complete year-end fling require- ments. A number of import, print and electronic filing options are available through the MAG-FILER system. Current pricing for MAG- FILER is $324 as a download only fle direct form the company web- site. To receive a mailed disc-based version, the price increases to $364. www.SpokaneComputer.com Real Business Solutions - W2 Mate Tax-Mate 1099 Advisor - Form Magic, Inc. Tenenz - Laser Link Spokane Computer - MAG-FILER Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12004538 Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12004550 Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12004588 Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12004583 4.5 4.5 4.25 4.5 2014 OVERALL RATING 2014 OVERALL RATING 2014 OVERALL RATING 2014 OVERALL RATING BEST FIRM FIT Accounting professionals looking for one product to handle write-up and year-end compliance STRENGTHS • Direct integ ration w ith I nt uit branded solutions • Un ique help/suppor t s y stem, including an online community • Simple, all-inclusive design POTENTIAL LIMITATIONS • Ve r y l i m i t e d i m p o r t/e x p o r t options SUMMARY & PRICING EasyACCT Write-Up by Intuit is a u n i f i e d s o l u t i o n p r o v i d i n g accounting f unctions for most write-up and year-end reporting n eed s. Pr i c i ng f o r E a s yACCT Wr i te -Up Pro f ess i o na l , w h i c h includes all the items noted in this rev iew, i s cur rently at $1,416. EasyACCT Write-Up Information Return System is included with the Professional edition but is available separately as a scaled back ofering. Current pricing for the scaled back system is $299. http://Accountants.Intuit.com Intuit EasyACCT Write-Up Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12004595 4.75 2014 OVERALL RATING

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