Year-end Sage Intact 1099 E-filing, Powered By TaxBandits
ROCK HILL, SC / ACCESSWIRE / December 11, 2023 / TaxBandits, a leading IRS-authorized e-file provider of payroll and employment tax forms is excited to power Sage Intacct 1099 e-filing for another tax season. The team at TaxBandits is excited to continue their partnership with Sage Intacct, the leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses (SMBs). The partnership creates a solution for Sage Intacct customers to e-file and distribute 1099 Forms with the IRS and State(s) securely via a direct integration with TaxBandits.
IRS Updates to IRS E-filing for 2024
In light of the coming changes to e-filing thresholds, all Sage Intacct customers will benefit from a complete shift to e-filing over traditional paper-filing IRS forms. As of January 1, 2024, businesses will be limited to paper-filing 10 paper information returns for the entire calendar year. This IRS mandate will affect even the smallest of businesses.
Key Benefits of the 1099 Automation Process
The TaxBandits integration provides an excellent solution for businesses making the shift to e-filing, or just looking to enhance their existing workflow and optimize the accuracy of their tax filings.
Sage Intacct 1099 E-filing powered by TaxBandits fully automates 1099 e-filing, providing confidence that filings are accurate and compliant with the latest tax laws. In addition, it reduces 1099 processing time, freeing teams from tedious, error-prone filing, and enabling them more time to focus on high-value activities.
By automating the 1099 e-filing process, Sage Intacct clients will enjoy these benefits:
- Transmit Sage Intacct 1099 data to TaxBandits seamlessly with the click of a button.
- E-file 1099s in minutes with automated forms. No spreadsheets or data formatting is required.
- Submit accurate filings to avoid penalties, corrections, and multiple filing fees with automated validation that catches common filing errors.
- Reduce administrative time wasted by enabling TaxBandits to print and mail 1099s to recipients.
- Provide self-service online access to 1099 recipients for 7 years through a secure online portal.
When asked about the direct integration with Sage Intacct, Agie Sundaram, CEO and Co-founder of SPAN Enterprises (parent company of TaxBandits) responded by stating, "The team at TaxBandits is excited for another successful tax season with Sage Intacct. We are looking forward to providing an automated e-file solution to more customers than ever before and continuing to expand and strengthen the partnership."
For more information about simplified 1099 E-filing powered by TaxBandits, check out the upcoming joint webinars with Sage Intacct:
Learn more about TaxBandits' streamlined e-filing services at www.taxbandits.com
About TaxBandits
The 1099 and W-2 experts! TaxBandits is a SOC 2 Certified, IRS-authorized e-file provider of Forms 1099, Form W-2, 1095, 940, 941, and W-9, serving businesses, service providers, and tax professionals of every shape and size.
The new integration allows customers to e-file their 1099 Series forms in a few simple steps:
- After signing into Sage Intacct and selecting ‘e-file', customers will provide permission to transfer their 1099 information into their TaxBandits account and review the 1099 forms.
- Upon completion, customers can opt into Federal and State e-filing as well as postal mailing and secure online access services.
About SPAN Enterprises
Headquartered in Rock Hill, South Carolina, SPAN has been developing industry-leading software tools for e-filing and business management tools for over a decade.
The SPAN Enterprises Portfolio of products includes TaxBandits, ACAwise, ExpressExtension, 123PayStubs, and TruckLogics.
Please direct all media inquiries to Stephanie Glanville, Marketing Manager, at stephanie@spanenterprises.com.
###
SOURCE: TaxBandits
View the original press release on accesswire.com
ACCESSWIRE
