2011 1099-S Software From W2Mate.com Helps Users Print and File Electronically 1099 Real Estate Forms

The 1099-S software from W2Mate.com arrives as the professional 1099 Real Estate preparation tool essential to every real estate broker, real estate lawyer and tax professional in the 2011 / 2012 tax season.

News provided by

W2Mate.com

Dec 16, 2011, 06:00 ET

CHICAGO, Dec. 16, 2011 /PRNewswire/ -- Real Business Solutions (www.W2Mate.com), a leading provider of payroll and 1099 software solutions to businesses and accountants across the United States, invites settlement agents, real estate lawyers and CPAs to try the 2011 1099-S processing module available in its W2 Mate software. W2 Mate, W2 and 1099 program, is loaded with features that make it easy and affordable for filers to prepare IRS 1099 tax forms including 1099-S (Proceeds from Real Estate Transactions). The 2011 / 2012 tax season is easy and stress-free with W2 Mate.

(Photo: http://photos.prnewswire.com/prnh/20111216/CG22892)

The 1099-S software for 2011 offers huge savings in time and money for business filers and accountants by allowing them to print an unlimited number of 1099-S forms (transferor or recipient copies) on regular white paper. The software can also generate an unlimited number of 1099-S E-filing submissions to the IRS FIRE System for one low fee.

A FREE 1099-S Software trial can be downloaded from the company's website by visiting http://www.w2mate.com/.

In a statement Nancy Walters, W2 Mate product manager at Real Business Solutions said, "If your 1099-S information resides inside Sage Peachtree, Intuit QuickBooks, Microsoft Dynamics, Sage DacEasy or Excel and you are looking for 1099 software to prepare your forms then W2 Mate is definitely for you. W2 Mate has a unique mechanism for importing data from different accounting and tax software to allow users print a wide range of W2 and 1099 forms."

Settlement agents (Real Estate Brokers, Real Estate Agents, Escrow Companies and Banks) are required by law to obtain the necessary information to complete and file Form 1099-S prior to the close of escrow. The IRS can charge the transferor (seller) penalties for non-compliance. W2 Mate software takes the complexity out of 1099-S compliance and makes 1099-S processing easy and affordable.

W2 Mate can also generate 1099 real estate electronic filing submissions ready to upload to the IRS FIRE System. The 1099 electronic reporting module that ships with W2 Mate provides the capabilities for E-Filing the following forms with the federal government: W2, 1099-MISC, 1099-INT, 1099-DIV, 1099-R, W-3, 1096, 1099-S, 1098-T, 1098, 1099-A, 1099-B, 1099-C, 1099-PATR and 1099-OID. Several states have implemented 1099 and W2 electronic filing regulations, using the IRS reporting requirements as a basis. W2 Mate users who file 1099s for recipients who live or work in the states that comply with IRS publication 1220 can file their state information using W2 Mate.

Give the 1099 Real Estate Software from W2Mate.com a test drive and see for yourself how easy 1099-S electronic reporting and printing can be. Visit 1099-S software page.

Web Address: http://www.realtaxtools.com/

SOURCE W2Mate.com