CHICAGO, Jan. 20, 2013 (GLOBE NEWSWIRE) -- W2 Mate software launched 2012 1099-S processing module that covers all the 1099 real estate printing and E-Filing requirements of real estate lawyers, settlement agents, real estate brokers, and 1099 processors. The deadline to print and mail form 1099-S to transferors is February 15, 2013. The deadline to file 1099-S Copy A with the IRS is February 28, 2013.
W2 Mate (http://www.RealTaxTools.com ) reminds 1099-S filers of the 2012 deadline of form 1099 Real Estate and invites them to try the 2012 version of W2 Mate software, which supports the full cycle of form 1099-S reporting. With W2 Mate, users can import, key-in, review, create, print and electronically file 1099-S forms for the 2012 / 2013 tax season. The 1099 Real Estate software imports data from Intuit QuickBooks, Microsoft Excel, Sage Peachtree, Sage 50, Microsoft Dynamics, Sage DacEasy and spread sheets.
A FREE 1099-S Software trial can be downloaded from the company's website by visiting http://www.RealTaxTools.com/. Filers can purchase W2 Mate W2 / 1099 software online and receive it instantly.
W2 Mate software serves businesses and tax professionals across the United States. Its current clients include accounting firms, banks, hotel chains, universities, municipalities, factories and hospitals, to mention a few.
New changes and updates to forms 1099 were introduced by the IRS for 2012. New boxes have been added, some boxes have been removed and others have been renumbered, modified or moved. All these and other 1099 compliance changes are supported by W2 Mate software for the 2012 / 2013 tax season.
W2 Mate saves users time and money by printing 1099-S transferor copies on regular white paper. This eliminates the need to buy expensive 1099 forms and dealing with the headache of aligning data. 1099-S Copy A (for the government) must be printed on pre-printed forms since the IRS does not accept substitute 1099s on plain white paper.
Thanks to its powerful import wizard, W2 Mate can remap 1099 data stored inside different accounting packages into 1099-S forms. W2 Mate can import data from Sage Peachtree (Pro, Complete, Premium, Quantum), Microsoft Dynamics (GP or SL), Intuit QuickBooks (Pro, Enterprise, Premier, QuickBooks with Payroll), Sage DacEasy, excel sheets and other sources.
In a statement Nancy Walters, W2 Mate product manager at Real Business Solutions said, "The 2012 release of W2 Mate software reflects our deep commitment to delivering easy-to-use and affordable 1099S filing solutions that help businesses of every size process Real Estate 1099 forms in-house."
Some W2 Mate users save thousands of dollars each year by registering with the IRS and uploading their own electronic submission files instead of using a 1099 reporting service. The 1099 electronic processing module that ships with W2 Mate provides the capabilities for E-Filing the following forms with the government: W2, 1099-MISC, 1099-INT, 1099-DIV, 1099-R, W-3, 1096, 1099-S, 1098-T, 1098, 1099-A, 1099-K, 1099-B, 1099-C, 1099-PATR and 1099-OID. Processing W2s and 1099s electronically is easy to use, efficient, secure, fast, flexible, and above all saves filers valuable time and money.
Give the 1099-S Software from W2Mate.com a test drive and see for yourself how easy 1099 electronic reporting and printing can be. Visit 1099-S Software page.
Media Contact: Nancy Walters
Company: Real Business Solutions
Web Address: http://www.realtaxtools.com/
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The following files are available for download:
2012 1099-S Software