Greatland Reminds Businesses of Upcoming State Filing Deadlines

GRAND RAPIDS, Mich., Feb. 25, 2015 /PRNewswire/ -- Individual state deadlines for W-2 and 1099 filing are quickly approaching, with the majority set for March 2. The various state rules and regulations can be daunting, as state filing can vary by location and filing method. Reporting is required in 40 out of 50 states and penalties can be severe.

Greatland, the leading provider of W-2 and 1099 products for businesses, is raising the bar by equipping businesses with tools necessary to complete state year-end filing, regardless of the state or its unique reporting requirements. Greatland's online reporting software, Yearli, allows business owners to file forms online and avoid the stacks of paperwork usually associated with this time of year. The online forms meet all filing requirements for Federal, State and Recipient reporting in a few simple steps, providing direct-to-state filing for all states with reporting requirements.

Yearli offers the most complete federal, state and recipient W-2 and 1099 reporting platform on the market for small to mid-size businesses and professional accountants. With Yearli, organizations can choose the product that most closely meets their W-2 & 1099 filing and support needs. The Yearli W-2 and 1099 reporting platform has three options (Core, Performance, and Desktop) designed to fit any budget or business need.

"Since most states require businesses to complete their state filing reporting by early March, it is vital for professionals to stay on top of individual deadlines and requirements to avoid unnecessary fines associated with inaccurate information, missing the deadline or failing to file altogether," said Bob Nault, Greatland's CEO. "Customers are often confused by state filling requirements and we are available to ease the process as much as possible, streamlining our customers for a successful filing season."

State filing penalties vary by state and range from fines of $1 per statement to $100 for late filing or for failure to file. Most states that have penalties in place have a maximum limit that can range as high as $50,000 that the preparer can be fined for that year. Depending on the regulations per state, some allow for an extension to file.

Currently, 40 states have a W-2 or 1099-MISC state filing requirement.  Yearli facilitates the filings and applicable reconciliation forms and requires users to checkout (submit forms for filing) 48 hours before the applicable deadline to ensure processing and timely filing to state agencies. See the full list of state filing requirements below or visit Yearli.com for more information.

About Greatland 
Greatland (www.greatland.com) is the W-2 and 1099 specialist, focused on providing guidance, products, and solutions for small to mid-size businesses and accountants.  Through Greatland's subsidiaries – Greatland, Nelco, and Broker Forms – the company offers an extensive array of specialized products for businesses: W-2 forms, 1099 forms, W-2 and 1099 software, online filing, business checks, presentation materials, income tax preparation supplies, and mortgage forms.  Greatland also offers Yearli, a comprehensive W-2 and 1099 reporting software and online filing platform. Greatland is an employee-owned company with locations in Grand Rapids, Mich. and Green Bay, Wis.  Greatland has an extensive W-2 & 1099 fact center located on its website with answers to many of the top filing questions.  Follow us on Facebook or Twitter: @GreatlandCorp

SOURCE Greatland

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http://www.greatland.com/

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