TrustRadius Insights
Customers of W2 Mate have found the software to be a valuable tool for generating various types of 1099 forms. With the ability to issue …
Overview
What is W2 Mate?
W2 Mate is a W2/1099 software solution designed to assist businesses and tax professionals in accurately and efficiently preparing, printing, and filing various tax forms. According to the vendor, W2 Mate is suitable for businesses of all sizes, including small enterprises and large corporations. It...
Recent Reviews
Leaving a review helps other professionals like you evaluate Accounting Software
Be the first one in your network to review W2 Mate, and make your voice heard!
Get StartedPricing
Entry-level set up fee?
- No setup fee
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
Would you like us to let the vendor know that you want pricing?
2 people also want pricing
Alternatives Pricing
What is Xero?
Xero is an online accounting software product for small businesses and personal finance. Its features beyond general ledger and double-bookkeeping include quotable invoicing, bank reconciliation, purchase order and expense management, and tax management. Third party apps can extend its features…
What is Acumatica?
Acumatica delivers a set of cloud-based business software applications with dashboards, reporting tools, integrated document management, centralized security, and customization tools.
Product Details
- About
- Tech Details
What is W2 Mate?
W2 Mate is a W2/1099 software solution designed to assist businesses and tax professionals in accurately and efficiently preparing, printing, and filing various tax forms. According to the vendor, W2 Mate is suitable for businesses of all sizes, including small enterprises and large corporations. It is utilized by accounting firms, tax preparation services, colleges and universities, human resources departments, and financial institutions. The software aims to simplify the tax form management process for professionals in these industries.
Key Features
1098-T Printing Software: W2 Mate supports printing on 1098-T laser forms and blank paper. It allows users to print 1098-T Copy B for students on regular white paper, which the vendor claims can save time and money. Additionally, it enables the printing of 1098-T Copy C for filers on regular white paper and Laser Copy A of form 1098-T for the Internal Revenue Service Center. The software also supports printing Laser 1096 forms, which are the Annual Summary and Transmittal of U.S. Information Returns.
1098-T Electronic Filing: W2 Mate provides the functionality to electronically file 1098-T forms. According to the vendor, users can conveniently e-file 1098-T forms through IRS FIRE. However, it is important to note that this feature requires Option #4.
Support for Various Tax Forms: W2 Mate offers comprehensive support for various tax forms, including 1098-T, 1098, 1099-MISC, 1099-INT, 1099-DIV, 1099-R, 1099-S, 1099 (A, B, C, PATR), and 1099 OID forms. The software automatically calculates totals for 1096 and W3 forms, and it allows users to export IRS 1098-T forms and W2/1099 forms to MS Excel. Additionally, it supports the import of W2/1099/1098/1098T data from QuickBooks and other accounting software. However, it is important to note that importing data from CSV files requires Option #3, while Option #5 is required for 1098-T forms.
Unlimited Recipients/Payers: W2 Mate does not impose any limits on the number of recipients or payers, providing flexibility for businesses with varying volumes of tax forms.
Compliance and Security: The vendor states that W2 Mate is designed to meet the regulations set by the Internal Revenue Service (IRS) and Social Security Administration (SSA), ensuring compliance with tax requirements. The software also offers password protection and data validation features to enhance security.
Network Compatibility: W2 Mate can be installed on local workstations or networked servers, making it suitable for use by colleges, universities, and tax firms managing multiple clients' 1098-T compliance needs.
Additional Features: W2 Mate includes additional features to streamline the tax form management process. According to the vendor, users can export 1098-T data to an Excel worksheet and import data for 1098-T and other tax forms from CSV files. Additionally, the software provides complimentary technical support based in the United States to assist users with any inquiries or issues they may encounter.
W2 Mate Technical Details
| Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Windows |
Comparisons
Compare with
Reviews
Community Insights
TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!
- Business Problems Solved
- Pros
- Cons
Customers of W2 Mate have found the software to be a valuable tool for generating various types of 1099 forms. With the ability to issue multiple types of 1099 forms, including 1099 Misc, users have been able to streamline their reporting process. One key use case of this software is the convenience it offers in creating and managing 1099 forms for different companies all in one place. This has proven to be a time-saving feature for businesses that need to generate 1099 forms for multiple entities. By centralizing the process, users are able to easily access and manage all their 1099 forms, eliminating the need for separate systems or manual calculations.
Easy Import of Vendor Information: Many users have found it easy to import their vendor information directly into W2 Mate from their accounting software, saving them significant time and effort in manual data entry.
Flexible 1099 Forms: Several reviewers appreciate that W2 Mate offers the flexibility to utilize different types of 1099 forms, beyond just 1099 Misc and 1099 NEC. This feature makes it suitable for a variety of reporting needs, enhancing its versatility for different businesses.
Seamless Company Switching: Users have praised the seamless ability to switch between several companies within W2 Mate for issuing 1099 forms. This convenient feature allows them to efficiently manage multiple entities without any hassle.
Limited Report List for 1099 Forms: Several users have expressed frustration with the lack of a comprehensive report list in W2 Mate that includes details such as names and amounts for each type of 1099 form. This limitation may make it more difficult for users to track and manage their 1099 forms effectively.
Learning Curve Associated with Software: As is common with most software, there is a learning curve associated with using W2 Mate. Some users have found this learning curve to be manageable, but others have mentioned that it can take some time to fully understand and utilize all the features and functionalities offered by the software.
No Detailed Explanation of Features: A few users have mentioned that they would appreciate a more detailed explanation or documentation of the various features and capabilities of W2 Mate. They feel that having access to comprehensive guidance would help them better navigate and utilize the software's multifunctional billing and routing solution for telecom and IoT providers.