CPA Practice Advisor - 13

W2 & 1099 COMPLIANCE: REVIEW
Track 1099	

www.track1099.com

Track1099 offers easy, online 1099, W-2, 1042-S and
1095 IRS e-filing and recipient e-delivery or postal mail,
eliminating the need to purchase
STRENGTHS:
* C harges incurred only when forms or print multiple forms
e-filing
*O
 nline processing eliminates in-house. Instead, users enter
the need for paper forms
the appropriate information, and
*G
 ood for a single return or
Track1099 does the rest. Track1099
thousands
* E xcellent customer support is a good fit for businesses of any
* T housands of users have
rated Track1099 4.9 out of size as well as accounting firms
5 stars
that need to process multiple types
forms for myriad clients. Users can

sign up for the service for free and are only charged
when scheduling e-file.
Track1099 guides users through the information
entry process, with the option to enter data manually, via CSV template or importing from third party
applications.
Those interested in Track1099 can create an
account for free and will be charged only when
scheduling e-file. Track1099 offers a rolling pricing
structure starting at $2.99 each for the first 10 forms
with the next 150 forms running $1.99 each. Forms 161

Real Business Solutions W2 Mate	
W2 Mate from Real Business Solutions, is a good yearend compliance application for both businesses and
accounting firms that typically
STRENGTHS:
* V ery affordably priced
file a high number of year-end
*O
 ffers numerous add-on
W2s and 1099s. Offered as an onmodules
* Includes bulk TIN matching premise application, W2 Mate can
POTENTIAL LIMITATIONS:
be downloaded directly from Real
* E -filing only available as an
Business Solutions and installed
add-on
* Import capability only
on desktop computers, workstaavailable as an add-on
tions, and network computers.
Along with W2 Mate, Real Business Solutions offers
additional year-end compliance applications that offer

www.realtaxtools.com
additional features and functions. The application
supports an unlimited number of employers and
recipients, making it a good choice for firms processing
year-end forms for multiple clients.
W2 Mate is an affordable W-2 and 1099 processing application, with pricing starting at $39 for the
downloadable version of the application, though most
W2 Mate purchasers will likely purchase several of the
additional modules available including Generate Laser
Forms, which runs $25.00, Network Installation, which
runs $135.00, Import Data from Excel, QuickBooks,
and Sage 50, which runs $40.00, Electronic Filing,

Wolters Kluwer Payroll Compliance Reporting	 https://bit.ly/3qQLmwP
Payroll Compliance Reporting from Wolters Kluwer is
offered only to tax and accounting professionals, and
is well suited for smaller firms that
STRENGTHS:
* Integrates with ATX and
currently use other Wolters KluTaxWise
wer applications such as ATX and
* H andles additional payroll
TaxWise. There are two available
tax forms
versions: " 1) The W2/1099 system,
POTENTIAL LIMITATIONS:
* Is not available as a standwhich includes only federal forms
alone application
required for compliance; and 2)
*N
 o mobile app
Payroll Compliance Reporting,
which adds forms for State and local payroll reporting.
Both versions of process W-2s and 1099s, with the

2021

form entry screen mirroring the form being processed.
Information worksheets are available for W-2s, 1099s,
or 1098s for both payers and employers. They also
prepare W-2s and 1099s that can be distributed to
clients and their employees and recipients.
The 2020 version of the W2/1099 solution is priced
at $285, with the full Payroll Compliance Reporting
solution costing at $489. Both products can process
and e-file forms W-2 and W-3 with the Social Security
Administration, and forms 1099, 1098, and 5498 with
the IRS. W2/1099 will also file quarterly returns such
as Form 941 and annual Forms 940 and 944 with the

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5

2020 OVERALL RATING
Read the full review for
this product online at:

www.CPAPracticeAdvisor.com/
21163959

to 500 drop to $1.19 each, with a further reduction to
$0.69 for forms 501 and above. Pricing is all-inclusive
and includes IRS and SSA e-filing, e-delivery and
e-corrections for recipients, combined federal and
state 1099 participation, and files for individual states
that have an additional filing requirement.

2020 OVERALL RATING

4.5

Read the full review for
this product online at:

www.CPAPracticeAdvisor.com/
21163971

which run $120.00, Additional 1099 Forms, which runs
$25.00, PDF Creation, which runs $30.00 and the 1099
Emailer, which auto batches high volumes of 1099's
and W-2's and is currently priced at $155.00. Those
interested in W2 Mate can download a free demo of
W2 Mate to try out prior to purchasing.

2020 OVERALL RATING

4.5

Read the full review for
this product online at:

www.CPAPracticeAdvisor.com/
21165521

IRS using the IRS Modernized e-File System. Both
products can also process an unlimited number of
payroll returns at $1.60 per TIN for the first 100 TINs.
Those interested in either the W2/1099 or Payroll Compliance Reporting products can contact the Wolters
Kluwer for additional information.

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