Today's Technology for Tomorrow's Firm.
Issue link: https://cpapracticeadvisor.epubxp.com/i/42507
W-2/1099 TAX Reviews For Your Firm IDMS, Inc. — Account Ability Tax Form Preparation 2011 OVERALL RATING BEST FIT Professionals with multiple mid- to large-sized clients managing year-end compliance and ATF payroll for multiple entities. STRENGTHS • Multiple data-entry views, man- agement dashboards. • Good managerial reporting options, output formats. • Print & mail outsourced service. • Strong Help utility & assistive features. 888-IDMS-inc (436-7462) Advanced Micro Solutions — 1099-Etc 2011 OVERALL RATING BEST FIT Accounting practices performing after-the-fact payroll, quarterly and year-end information reporting for multiple clients. STRENGTHS • Excellent interface, client man- agement screens. • Extensive federal, state & local forms library along with e-fi ling. • Option for outsourcing printing & mailing of all recipient copies. • Imports from outside accounting & other programs via several formats. • Comprehensive payroll function- ality. 800-536-1099 POTENTIAL LIMITATIONS • No local reporting capabilities. SUMMARY & PRICING Although 1099-Etc can be used directly by small and mid-sized businesses, AMS has concentrated development of the system toward multi-client management func- tions, resulting in more than 80% of its users being accounting fi rms and payroll service providers. With the addition of the live payroll and electronic filing modules, the full AMS suite off ers an extremely easy-to-use and aff ordably priced utility for man- aging employment, wage, and information reporting for federal and all states. T e core 1099-Etc system costs $75 per year, but to get the full functionality, users should also add the $75 laser generation options, the $105 A-T-F payroll module and the $105 e-fi le utility. T ese options, usable by any number of staff in the same offi ce, would cost $360 per year. PRODUCT DELIVERY METHODS: ■ ✔ On-Premises ■ SaaS ■ Hosted by Vendor • Built-in document management with secure emailing. POTENTIAL LIMITATIONS • No built-in invoicing function- ality. SUMMARY & PRICING Account Ability provides excellent built-in support for e-fi ling year- end wage and information returns, with features and tools that sim- plify management of multiple clients. The new FileCabinet system is a welcome addition, providing good storage and secure electronic delivery of forms. T e company also off ers a broad array of related print products. Account Ability is priced starting at $219.95 per year, with early order discounts available. ✔ On-Premises ■ SaaS ■ PRODUCT DELIVERY METHODS: ■ ✔ Hosted by Vendor BASIC SYSTEM FUNCTIONS REPORTING IMPORT/EXPORT CAPABILITIES HELP/SUPPORT Read the full review of this product exclusively online at www.CPAPracticeAdvisor.com/10347401 www.IDMSinc.com BASIC SYSTEM FUNCTIONS REPORTING IMPORT/EXPORT CAPABILITIES HELP/SUPPORT Read the full review of this product exclusively online at www.CPAPracticeAdvisor.com/10347464 www.1099-etc.com Only Need a Few W-2s or 1099s? WageFiling.com Offers Pay-As-You-Go Option Small businesses are oſt en the ones least prepared for the challenges of tax season, especially when they fi nd out that it actually starts in January with preparation of last year's W-2s and 1099s. With good fi nancial manage- ment and advice from a great accoun- tant, they can be bet er prepared. But if they only have a few W-2s or 1099s 361-884-1500 10 October 2011 • www.CPAPracticeAdvisor.com to fi le, it might not make sense for them to buy and learn a program designed for preparing hundreds or more. The WageFiling.com system is designed for these small businesses and household employers, making it easy to fi le any number of 1099 Misc and W-2 forms, on a per-form pricing model. It off ers IRS-approved forms that can be printed on plain paper, and mailed with standard window enve- lopes, plus it includes free e-fi ling to the IRS and SSA. Users can also fi le for past years, and one account can manage multiple business entities. Forms can be accessed and reprinted, if necessary, or can be saved to PDF. Wagefi ling.com has a simple inter- face that guides users through the steps required for filing, and offers auto- calculation for FICA withholding. An alerts feature can also notify users of fi ling deadlines. T e cost is $3.49 per form. No payment is required until ready to e-file and print forms, and previously filed ones are always accessible via the secure website. www.wagefi ling.com