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What is ModernTax?
Our tax information serves a dual purpose by not only facilitating verification but also offering critical insights such as revenue benchmarks and confirmation of payroll tax payments. By providing detailed tax data, we simplify the underwriting process, which boosts your capacity to evaluate a company's financial health effectively. This leads to more accurate risk evaluations and well-informed choices concerning business clients. Users can access tax returns, wages, withholding, and 1099 history for wage earners, self-employed individuals, and employees, contingent upon receiving their consent. ModernTax caters to diverse requirements across sectors like mortgage, insurance, small businesses, and tax services. Our onboarding SDKs ensure a smooth integration process for new users into your applications. Additionally, our analytics and reporting tools deliver a quick overview of historical tax data, making it simpler to understand users' financial backgrounds. Moreover, the tax report summary provides you with a streamlined snapshot of users’ information, allowing for an expedited comprehension of their tax return, wage, withholding, and 1099 history. This comprehensive approach significantly enhances your decision-making process and empowers you to respond swiftly to business needs. Ultimately, leveraging our services can lead to better financial outcomes for both your organization and your clients.
What is 1099Pro?
1099 Pro Cloud is a comprehensive IRS-compliant eFiling platform designed to help businesses manage tax form preparation, reporting, filing, and recipient delivery through one centralized cloud-based solution. The platform supports a wide range of tax forms including 1099-NEC, 1099-MISC, W-2, 1042-S, 1098, 1099-DIV, and more, making it suitable for organizations with diverse reporting requirements. Businesses can automate tax workflows with tools such as bulk and real-time TIN matching, which helps validate recipient information before filing to reduce errors, IRS penalties, B-Notices, and costly correction processes. Users can easily upload data through CSV imports, Excel spreadsheets, or manual entry while the system automatically validates information to ensure filing accuracy and compliance. The software streamlines the entire filing process by allowing organizations to review forms, correct issues, electronically submit filings to the IRS, and distribute recipient copies from one platform. Integrated print and mail services, along with secure eDelivery capabilities, help businesses simplify recipient communications while reducing the operational burden of paper-based processes. 1099 Pro Cloud also assists organizations with managing complex state reporting obligations through support for Combined Federal State Filing programs and direct state filing for forms like 1099-NEC and W-2. Real-time status tracking, reporting dashboards, and compliance monitoring tools provide businesses with visibility into filing progress and submission activity throughout tax season. The platform is built to improve efficiency, accuracy, and scalability for businesses processing large volumes of tax forms while minimizing manual administrative tasks. Organizations can significantly reduce the time required for filing and distribution by automating workflows that traditionally required extensive printing, mailing, and reconciliation efforts.
Integrations Supported
API Availability
Has API
API Availability
Pricing Information
Pricing not provided
Pricing Information
$269 one-time payment
Supported Platforms
SaaS
Supported Platforms
SaaS
Customer Service / Support
Web-Based Support
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Training Options
Documentation Hub
Online Training
Training Options
Documentation Hub
Company Facts
Organization Name
ModernTax
Company Website
moderntax.io
Company Facts
Organization Name
Sovos
Date Founded
1979
Company Location
United States
Company Website
www.1099pro.com
Categories and Features
Market Intelligence
Not specified
Categories and Features
Payroll
Multi-Country
Multi-State
Reporting/Analytics
Self Service Portal
W-2 and 1099 Preparation