CHARLOTTE, N.C., Dec. 3, 2015 /PRNewswire/ -- Employers that use the iSolved platform for their HR and payroll can now provide their employees with both time savings and more accurate data entry when they go to file their 2015 tax returns. iSolved announced the ability to import tax information into a TurboTax® return. iSolved, a cloud-based, human capital management technology has over 1.4 million employees committed to the platform.
This data integration allows iSolved to send the federal employee identification number (FEIN) for any employer with a profile in the system and whose employees will receive a W-2 to TurboTax. Employees will no longer have to manually enter their personal information. iSolved will provide all information contained on the W-2 form that will then automatically populate into the TurboTax software after the employee consents and authenticates. As a result, employees can minimize the amount of time spent on preparing and filing their taxes each year.
"The new integration with iSolved adds another layer of accuracy to individual tax filings because it eliminates the chance of error based on data entry," said Todd LaFever, President of Technology at Infinisource. "When a person manually inputs information from the W-2, the risk of a typo or missed line is high. The iSolved integration eliminates that risk."
"We are thrilled to integrate with the iSolved platform. Employees will be delighted that their employers offer this service to help ease their tax preparation and speed their refunds," said Paul Jordan, Manager of Business Development at TurboTax.
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iSolved is Infinisource's comprehensive human capital management solution for payroll, time, benefits and HR that manages an employer's most important asset — their people. The cloud-based platform is delivered through elite, regional payroll providers who provide best-in-class service to their clients. This unique approach gives small to midsize employers access to a cutting-edge HCM solution, while retaining the local service relationship they prefer. For more information, visit www.infinisource.com.