Webinar

Automate your annual 1099s with 1099 Automation and e-Filing

Jan. 8, 2024 · Authored by Tom Jurasek

Alleviate the hassle of submitting your Form 1099s every year with Baker Tilly’s 1099 Automation and e-Filing tool.

Our 1099 Automation and e-Filing tool is a module that is custom-embedded within Sage Intacct. It integrates Sage Intacct and Tax1099, a separate service provider for 1099 filings and automation, to help reduce tedious tasks and automate the 1099 process.

1099 Automation and e-Filing features include:

1. Vendor 1099 review
Easily change the various 1099 details for multiple vendors at once, instead of having to update each vendor one by one. Send email requests for missing information that will funnel over to Tax1099. From there, users will be prompted to provide their address, email, etc. information to Tax1099 and it can be synchronized back to Sage Intacct.

2. Tax ID Number (TIN) lookup and validation
Accurately synchronize data between Sage Intacct and Tax1099. Look up within Sage Intacct which vendors or which tax ID numbers on the 1099 vendors list are not found within Tax1099.  Furthermore, the TINs can be validated against the IRS database to confirm that correct TIN are transmitted when filing 1099 returns.

3. Vendor synchronization
Vendor synchronization has four options:

1. Update existing vendors in Tax1099 originating from Sage Intacct
2. Create new vendors and update existing vendors in Tax1099
3. Update vendors in Sage Intacct (vendors originate from Tax1099)
4. Create new vendors and update existing vendors in Sage Intacct (vendors originate from Tax1099)