2011 1099-A Software from W2Mate.com Helps Lending Companies Print and E-File 1099 Acquisition or Abandonment Forms

CHICAGO, Jan. 3, 2012 /PRNewswire/ -- Real Business Solutions (www.W2Mate.com), an accomplished provider of payroll tax and 1099 software solutions to accountants and small businesses across the United States, invites banks, CPAs, tax professionals and 1099 processing services to test drive the 2011 1099-A preparation module available in its W2 Mate software. W2 Mate, W2 and 1099 filing program, is loaded with features that make it easy and affordable for business filers to prepare IRS information returns including 1099-A (Acquisition or Abandonment of Secured Property). The 2011 / 2012 tax season is easy and stress-free with W2 Mate software.

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W2 Mate saves users time and money by printing an unlimited number of 1099-A forms Copy B (For Borrower) and Copy C (For Lender) on regular white paper. This eliminates the need to buy expensive laser red-ink forms. The 1099 software can also generate an unlimited number of 1099-A E-filing submissions to the IRS FIRE System for one low fee. All substitute forms generated by this 1099-A software comply with IRS publication 1179 (General Rules and Specifications for Substitute Forms 1096, 1098, 1099, 5498, W-2G, and 1042-S). All 1099-A electronic filing submissions generated by W2 Mate comply with IRS Publication 1220 Specifications for Filing Forms 1097, 1098, 1099, 3921, 3922, 5498, 8935, and W-2G Electronically.

A FREE 1099-A printing and electronic filing 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, "This new release of W2 Mate reflects our deep commitment to delivering affordable and easy-to-use 1099-A filing solutions that help businesses of every size process 1099 acquisition or abandonment tax forms in-house."

Thanks to its powerful import wizard, W2 Mate program can remap 1099 data stored inside different accounting packages into 1099-A forms. W2 Mate can import data from Sage Peachtree, Intuit QuickBooks (QuickBooks Pro, QuickBooks Enterprise, QuickBooks Premier), Sage DacEasy, Microsoft Dynamics(GP or SL), excel sheets and many other sources. W2 Mate engineers have developed a unique and exclusive mechanism for importing 1099 data from third-party applications and then map it into different types of 1099 forms. For example Peachtree users can use W2 Mate to import data stored as 1099-MISC and map it into 1099-A form with one click. Once the forms are imported inside W2 Mate, they can be reported to the IRS on paper or electrically.

Give the 1099 Acquisition or Abandonment of Secured Property Software from W2Mate.com a test drive and see for yourself how easy 1099-A electronic reporting and printing can be. Visit 1099-A software page.

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

SOURCE W2Mate.com