Greatland Releases Update for FileTaxes.com Enhanced W-2 and 1099 Online Reporting Tool Offers New Form Retrieval Option, TIN Truncation Support and Additional New Features
GRAND RAPIDS, Mich., Dec. 9, 2013 /PRNewswire/ -- Greatland Corporation, one of the country's leading providers of W-2 and 1099 products for business, has launched its new version of its popular FileTaxes.com, an online reporting software that enables businesses to quickly process W-2 & 1099 filings. Each year, FileTaxes.com helps more than 30,000 businesses manage their W-2 and 1099 needs.
This reporting season, a new online retrieval system was developed to allow payers to compliantly deliver their W-2 & 1099 forms electronically. Recipients will receive a secure email enabling them to electronically view their 1099 or W-2, download it or have a printed copy mailed right to their doorstep. Businesses will also be able to import data from various file formats (XLS, XLSX, and CSV files) five times faster than before.
The new FileTaxes.com now offers users graphical step-by-step instructions for transferring data into 1099 and W-2s, whether manually or by importing from Excel or QuickBooks. Data can now also be easily edited every step of the way. All submitted data is validated for placement and calculation errors allowing users to feel confident that their reports are accurate and formatted properly.
"The new FileTaxes.com has been developed based on our customer's requests, and where we see the tax reporting industry heading," said Bob Nault, Greatland's CEO. "The online retrieval system is a perfect example of this as it allows recipients to get information the day it is filed – something that no other 1099 and W-2 provider can promise."
This year, the IRS is permitting TIN Truncation (aka TIN Masking) by allowing payers to truncate social security numbers on recipient 1099 copies, showing only the last four digits as an added security measure. The IRS implemented this program to reduce the risk of identity theft.
Greatland's other web-based reporting tool speedEfiler.com will also offer the sample updates and new features to users. speedEfiler.com enables small and mid-size businesses to file their W-2 and 1099 forms online, and have copies printed and mailed directly to employees or recipients. Both programs offer dynamic pricing allowing customers to immediately calculate order totals as they coordinate their year-end reporting.
- Businesses have the ability to email a link to retrieve the W-2 or 1099 to their recipients, who have the option to opt out of hardcopy forms.
- Users have the ability to edit data within the import process as well as the option to print or save a list of errors in order to go back and fix all at once.
- The software now supports state filing for 1099-DIV, -INT, & R.
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, FileTaxes.com and Broker Forms – the company offers an extensive array of specialized products for business: W-2 forms, 1099 forms, W-2 and 1099 software, online filing, business checks and check writing software, presentation materials, income tax preparation supplies, and mortgage forms. Greatland is an employee-owned company with locations in Grand Rapids, Mich. and Green Bay, Wis. Follow us on Facebook or Twitter: @GreatlandCorp.
SOURCE Greatland Corporation