How E-Filing Puts More Money in Your Pocket (and Time on the Clock) Than Paper Filing

benefits of efiling
Why There’s Nothing to Fear (and Everything to Gain) with E-filing

Before e-filing, your options for 1099 and W-2 information reporting were printing, mailing and manually submitting forms to the IRS or SSA – or installing cumbersome tax-filing software. Then came efile4Biz – a simple, end-to-end, cloud-based service that lets you file 1099s, W-2s and other forms online through a secure website. The result? Satisfying your annual tax-filing requirements in much less time – and at a greater savings – than paper or software.

Here’s a closer look at what this means for your business:

Before efile4Biz.com

To process your 1099s, W-2s and ACA forms in house, you had to purchase forms from a supplier, transfer data to the forms, and then mail or deliver the appropriate forms to the recipients.

This is a costly, time-consuming and often frustrating process for a number of reasons:

  • Paying for a pack of forms (often 25 or more) when you only need a handful
  • Time it takes to complete, print and mail multiple forms
  • Having to fill out Form 1096, W-3 and/or 1094-B/C
  • Security risks when mailing forms
  • Potential for mistakes and lost forms
  • Additional recordkeeping responsibilities

If software is involved:

  • Cost of software
  • Time it takes to download or install software on your computer or network
  • Keeping up with software upgrades
  • Potential printer mishaps (misalignment issues, paper jams, etc.) with physical forms

After efile4Biz.com

Simply fill out your forms directly and securely on our website and submit your order. As a turn-key service, we take care of printing and mailing the forms to your recipients, as well as e-filing your forms directly with the IRS or SSA. Note: The IRS mandates anyone filing 10 or more information returns in a calendar year must e-file.

This is an affordable, time-saving and streamlined process for a number of reasons:

  • You pay for only the exact number of forms you file online – whether you’re filing one form or thousands
  • Everything functions online “in the cloud,” so you don’t have to involve IT staff with software installations or risk technical glitches
  • You can upload data with our Excel template or import data directly from QuickBooks Desktop, QuickBooks Online Plus and Xero
  • Online 1099s, W-2s and ACA forms look just like the paper forms from the IRS, but they allow you to fill in information as needed, even returning to partially completed forms to complete later
  • There’s no need to fill out Form 1096, W-3 and/or 1094-B/C because we automatically calculate the totals and transmit the information electronically
  • All data you enter on efile4Biz is encrypted under strict IRS guidelines and printed from our high-security, SOC-certified and HIPAA-compliant print and mail facility
  • We support corrections, even if you didn’t file the original form with us -- no need to track down the correct IRS form or submit it manually
  • You have full access to your filed forms for four years, eliminating the need for additional digital or physical file storage

Get More Done in Less Time This Tax-Filing Season

Ready to make the leap – and save valuable time and money this tax-filing season? Create your account for FREE and experience all the advantages of e-filing.

Updated: 09/24/2024

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