1099 Contractor vs. Employee Payroll Software

One of the big reasons Advanced Micro Solutions (AMS) made sure that our software can handle both 1099 contractors and W-2 employee payroll software is that many of our business clients use both types of workers to manage their business classification and total tax liability. Common Payee Files allow for incredibly easy data importing/transfers to other payroll and tax forms. You almost never have to enter the same information twice. Moreover, you’ll be able to view and enter the data on screens that resemble the actual forms so there’s no confusing cross-referencing.

Indeed, our software solutions are used by businesses of different sizes and industries, including independent payroll and accounting firms. For one thing, our platform software provides the kind of menu-driven access needed to leverage powerful data management resources without sacrificing usability. For another thing, modular software products enable our clients to build a software package that makes sense for their various payroll and forms filing services.

Employee Payroll Considerations

Some payroll services are straightforward and yet software-based information technology is still essential. It gets really tedious really quickly trying to calculate SSA and payroll taxes on your own. But this is far from the only feature that makes our employee payroll software so valuable. With our 40 User Defined Fields, businesses can set up automated payroll calculations for even complex employee incentives including paid time off, retirement, insurance benefits, and other specialized programs.

More Employee Payroll Software Features

  • Processes live and after-the-fact payroll.
    Supports payroll and SUI forms for all 50 states plus the District of Columbia
    Up to 1,999 payers and up to 9,999 employees per payer.
    Prints up to 30 different types of checks, as well as direct deposit
    Certified payroll reports.

    Beyond these essential features, know that the AMS payroll module includes the necessary features for the vast majority of payroll operations. There’s no need to worry about federal 940 unemployment forms filing software, for example. It’s already included. That said, there are ways to create a more comprehensive payroll and tax software system from AMS.

    Affordable Care Act Filer: One of the most obvious ways that employee payroll is different from 1099 contractors is the new health insurance reporting requirement. If your business has 50 or more employees or otherwise falls under these ACA filing requirements, this module has you covered.

    Software-Generated Forms: This is exactly what it sounds like. But in addition to software-generated tax forms, you can also use this module for MICR check printing. And here’s another difference between 1099 contractor and W-2 employee payroll software: Forms 1096 and 1099 Copy A are among the few tax forms that are prohibited from being software-generated.

    AMS E-File Software: More than payroll operations and tax form preparation, we offer our clients easy, affordable ways to electronically file their taxes. You can file an unlimited number of forms for one low price with our E-File module. We’ve also partnered with a third-party e-filing service for those businesses that choose to pay per form for their electronic filing to be completed by someone else.

Software Solutions from AMS

Our W-2 and 1099 Forms Filer is our only required platform. From there, users pick the services they need. Choose from the tools below to build out your customized accounting software.