1099-C Cancellation of Debt: 2011 1099-C Software from W2Mate.Com Helps Lending Companies E-File and Print 1099-C Forms in 2012


Chicago, IL (PRWEB) January 20, 2012

Real Business Solutions (http://www.W2Mate.com), an accomplished provider of 1099 filing and reporting software, invites banks, CPAs, tax professionals and 1099 printing services to test drive the 2011 1099-C preparation module available in its W2 Mate software. W2 Mate is loaded with features that make it easy and affordable for lending companies to prepare IRS information returns including 1099-C (Cancellation of Debt). The 2011 / 2012 tax season is easy and stress-free with W2 Mate software.

A free 1099-C printing and electronic filing software trial can be downloaded from the company?s website by visiting http://www.w2mate.com/. Filers can purchase the software and receive it instantly.

W2 Mate saves users time and money by printing an unlimited number of 1099-C forms copy B (For Debtor) and Copy C (For Creditor) on regular white paper. This eliminates the need to buy expensive laser red-ink forms. The 1099 filing system can also generate an unlimited number of 1099-C electronic filing submissions to the IRS FIRE System for one low fee. All substitute forms generated by this 1099-C software comply with IRS publication 1179 (General Rules and Specifications for Substitute Forms 1096, 1098, 1099, 5498, W-2G, and 1042-S). All 1099-C electronic filing submissions generated by W2 Mate comply with IRS Publication 1220 Specifications for Filing Forms 1097, 1098, 1099, 3921, 3922, 5498, 8935, and W-2G Electronically.

Thanks to its powerful import wizard, W2 Mate program can remap 1099 data stored inside different accounting packages into 1099-C Cancellation of Debt forms. W2 Mate can import data from Sage Peachtree, Intuit QuickBooks (QuickBooks Pro, QuickBooks Enterprise, QuickBooks Premier), Sage DacEasy, Microsoft Dynamics(GP or SL), excel sheets and many other sources. W2 Mate engineers have developed a unique and exclusive mechanism for importing 1099 data from third-party applications and then map it into different types of 1099 forms.

In a statement Nancy Walters, W2 Mate product manager at Real Business Solutions said, “This new release of W2 Mate reflects our deep commitment to delivering affordable and easy-to-use 1099-C Filing solutions that help lending companies of every size process 1099 Cancellation of Debt tax forms in-house.”

W2 Mate software highlights:


W2 EFile support (Complies with SSA EFW2 format Specifications for Filing Forms W-2 Electronically)
1099 EFile support (Complies with IRS Publication 1220- Specifications for Filing Form 1099 Electronically)
Generates ready-to-email w2 forms and 1099 forms. Which eliminates the need to print and email W2s and 1099s.
For paper filers 1096 and W3 are automatically generated.
Unlimited W2 forms and 1099 forms.
SSA approved to print W2 & W3 forms on regular white paper, which eliminates the need for expensive forms.
Network ready with affordable pricing for multiple seats.
W2 and 1099 data checking and validation.
Prints on pre-printed 1099 forms & W2 Forms.
Prints 1099 Form Copies & W2 Copies on blank paper.
Direct data import for QuickBooks 1099 forms and QuickBooks W2 forms.
W2 1099 data import from CSV file.
Exports W2s and 1099s to excel.

###





The Stress Number(TM) Report For 2011


Minneapolis, Minnesota (PRWEB) January 03, 2012

Employee stress drains $ 400 billion a year from U.S. employers–yet many organizations do not fully understand the damage stress causes to their profit margins, employee productivity levels and employee health. In an ongoing study of Stress in America, The Oxygen Plan Corporation reports the 2011 findings of the new health metric – the Stress Number?. To date, over 47,000 respondents have completed the 30 question, 5 minute test to assess their individual stress. The stress test has 10 questions for home, work and social stress. The scoring for each question ranges 0 – 100, whereby a score of 0 means extreme stress (red), to 100, meaning stress free (green).

Key 2011 Findings: ?2011 Was Another Stressful Year”

With over 11,000 respondents completing The Oxygen Plan?s stress test for the survey, the 2011 Stress Number? for home is 47, followed by work and social stress at 53 and 54. ?The 2011 Stress Test? results demonstrate that there is still plenty of stress out there and the Stress Number? is essentially unchanged as compared to 2009 and 2010,” says Dr. Donald E. Williams, board-certified clinical health psychologist (American Board of Professional Psychology/ABPP), and Chief Science Officer, The Oxygen Plan. “Stress continues to be a concern in the lives of people ? at work, in the social lives and especially at home. We continue to see each Stress Number? in the yellow in all life phases. Employers should be increasingly alarmed given that stress levels remain unchecked for 3 years running. A company of 10,000 has lost up to $ 50 million for each of the past 3 years for a total of nearly $ 150 million. The costs are staggering and should grab the attention of any CEO or CFO, particularly since stress is the #1 modifiable health risk factor.?

A “Stress Number?” can be used as an aggregated health risk assessment tool for assessing employee stress. Three research papers from The Oxygen Plan Corporation help employers understand how they can use the Stress Number? to increase stress management program effectiveness and optimize their Employee Assistance Program.

The impact of stress in the U.S. workplace is bad news for employers as it manifests in lost productivity, absenteeism, presenteeism, group health expense, employee turnover and disability expenses. “Many organizations invest in resources like EAPs, work-life programs and policies, and health and wellness programs,” said Dr. Williams. “These are essential but reactive initiatives. Many organizations are unaware of their employees’ actual stress levels, how much of their stress is job-related, the root causes of their stress, or that they can be proactive in terms of addressing the very real problems and associated costs.” “Stress diminishes the engagement and effectiveness of a workforce, erodes workers’ physical and emotional health, and drives up medical and insurance costs,” adds Eric Lucas, CEO of The Oxygen Plan Corporation.

?With the Stress Number?, it is now possible to measure, compute, aggregate, report, and trend a stress metric as it relates to personal health or organizational cost,? says Dr. Williams. ?Now, we are able to assess stress, calculate the Stress Number?, provide The Oxygen Plan program and re-measure stress for individuals or organizations. The Stress Number? is a significant development in the field of health metrics.? ?We feel the Stress Number? should be used to help individuals and organizations manage health and health care costs ? just like blood pressure and BMI,” adds Lucas. ?Because stress in the home or social life impacts employees at work, and vice versa, it’s in employers’ best interest to know the aggregate employee Stress Number? for their organization and get a line of sight into root causes.?

About The Oxygen Plan Corporation

The Oxygen Plan specializes in decoding stress and helping employers lower health care costs, improve productivity and strengthen employee engagement. The Oxygen Plan, co-developed by Dr. Donald E. Williams, board-certified clinical health psychologist (American Board of Professional Psychology/ABPP), and Chief Science Officer and Founder, Eric Lucas, is the only stress reduction program to use a patent-pending green, yellow, red color coding to easily facilitate stress recognition and behavior change for individuals and organizations. The Oxygen Plan is also the home of the Stress Number?, the new health metric, and first to quantify stress levels. For more information visit http://www.theoxygenplan.com.

###





CashAdvance.com Exceeds $1,000,000 in Loan Applications a Day for the 2011 Holiday Season


Santa Monica, CA (PRWEB) December 19, 2011

CashAdvance.com, the most trusted name in the short-term loan industry, announces having reached a record-breaking $ 1 million a day in loan requests this December. In the midst of the retail industry?s evident resurgence this holiday season, as witnessed from Cyber Monday?s 2011 historic sales figures, consumers are seeking recourse in the fiscal sensibility and convenience of online cash advances, the decidedly preferred alternative to the costly overdraft charges and late payment fees imposed by banks and credit card companies.

As the nation embraces a widespread restoration of consumer confidence this holiday season, with consumer sentiment figures rising to their highest in 6 months, CashAdvance.com has been actively supplying the enormous demand for urgently needed short-term cash loans consumers are availing themselves of to cover last-minute holiday expenses.

Since 1997, CashAdvance.com has earned its esteemed reputation as a trailblazing industry leader over the years through its dedication to rescuing consumers from life?s unanticipated mishaps, providing immediate financial relief when needed most. Having connected over a million consumers with payday loans from its vast online network of reliable lenders, CashAdvance.com continually seeks to ensure the best loan experience possible utilizing its advanced proprietary matching technology, along with exclusive access to the largest online network of trusted lenders.

A cash advance, also known as a payday loan, is a short-term loan intended to cover shortfalls in a household?s budget by using the borrower?s next paycheck as their security. On the pre-arranged repayment date, typically within two weeks to one month, the loan amount and applicable fees are conveniently deducted from the borrower?s checking account. Borrowers who are unable to repay their loan on time can potentially request extensions from their lender.

Cash advances are sought out for short-term financial relief in light of urgent, unanticipated expenses and should not be perceived as long-term debt solutions. People who find themselves unprepared for the unexpected, such as a sudden emergency car repair or insurance deductible after an untimely fender-bender, have relied on CashAdvance.com to bail them out of otherwise disastrous predicaments.

Offering insightful personal finance tips on loan planning and effective utilization of cash advances, CashAdvance.com also acts as a destination point from which borrowers can seek to gain real-world insights about the payday loan process, valuable updates about recent regionally specific legislation affecting the industry, and insider guidance on how to maximize the advantages of a cash advance.

?People still need access to emergency funds after the holidays, and we want to remain their trusted source for getting the best payday loan rates with the fastest turnaround times all year ?round? said spokesperson Jeffrey Hodges. ?CashAdvance.com is there for you ? when you need it, 24/7, night and day, count on us.?

###





Related Stress Press Releases

Form 1099-B 2011: W2Mate.Com Announces 1099-B Software for 2012 Tax Season


Chicago, IL (PRWEB) November 15, 2011

W2 Mate software launched new IRS filing solution that covers all the 1099-B printing and electronic reporting needs of brokers, barter exchanges, businesses, CPAs, and tax professionals. The 1099-B software provides all the capabilities users need to create, process, prepare, import, print, and E-File IRS 1099-B Forms -Proceeds from Broker and Barter Exchange Transactions.

The new 1099-B software saves users time and money by printing 1099-B recipient copies on regular white paper. The state of the art program makes electronic filing of 1099 broker and barter exchange forms as simple as uploading a file to a website. Thanks to its powerful import wizard, this 1099-B program can remap 1099 data stored inside different accounting packages into 1099-B forms. W2 Mate can import data from Sage Peachtree, Intuit QuickBooks, Sage DacEasy, Microsoft Dynamics, excel sheets and many other sources.

W2 Mate (W2Mate.com) presents a great alternative to US tax professionals, brokers, and barter exchanges looking for a more convenient, simple and affordable way to prepare IRS 1099-B tax forms. W2 Mate 2011 enhances user experience with attractive new features that make 1099 and W-2 processing easy and stress-free.

Major changes and updates to form 1099B were introduced by the IRS for 2011. New boxes have been added for reporting the date of acquisition, cost or other basis, amount of loss disallowed due to a wash sale, and whether the gain or loss is short-term or long-term. Other boxes on the form have been moved or renumbered. All these changes are supported by W2 Mate software.

W2 Mate is currently the only W2 and 1099 software that can import 1099 data from Intuit QuickBooks accounting software and map it into 1099-B forms. The W2 1099 software can connect directly to QuickBooks, which makes the import process easy and straightforward.

W2 Mate engineers have developed a unique and exclusive mechanism for importing 1099 data from Microsoft Dynamics and then map it into different types of 1099 forms. For example MS Dynamics users can use W2 Mate to import data stored as 1099-MISC and map it into 1099-B form with one click. Once the forms are imported inside W2 Mate, they can be reported to the IRS on paper or electrically.

W2 Mate is trusted by thousands of businesses and professionals nationwide. A free demo of W2 Mate can be downloaded by visiting http://www.realtaxtools.com/.

Below is a high-level functional breakdown of the W2 Mate software features:


Data import from Sage Peachtree, MS Dynamics, Great Plains, Intuit QuickBooks, Sage DacEasy, Excel and CSV.

Prints 1099 recipient and filer copies on regular white paper.

Unlimited use of W2, 1099-MISC, 1099-INT, 1099-DIV, 1099-R, W-3, 1096, 1099-S, 1098-T, 1098, 1099-A, 1099-B, 1099-C, 1099-PATR and 1099-OID tax forms.

Unlimited 1099 electronic filing using IRS FIRE System (No per form fees and No data transmission charges).

SSA-approved to print W2 and W3 forms on regular paper including government copies.

Creates employee W2′s as PDF and recipient (vendor) 1099′s as PDF.

Unlimited W2 electronic filing submissions using the EFW2 format.

Employee and recipient information rolls-over from year to year (you don’t have to key in the same information every year).

Prompt, courteous and reliable U.S.-based support through phone, chat or e-mail.

About Real Business Solutions:

Established in 2003, Real Business Solutions is an industry leader in providing small business payroll software, 1099 preparation software and W2 tax software solutions for 2012, 2011, 2010 and before. Real Business Solutions products are used by thousands of businesses, tax professionals, non-profit organization, and government agencies all across America. The Company’s mission has been to provide powerful and great value software solutions coupled with high quality customer service. Through this website small businesses and accounting professionals can find and download software to manage payroll, report payroll taxes, print W2 Forms, Print 1099 Forms, E-File 1099, electronically file W2 forms, print checks and prepare payroll forms like 941, 940, 944, W-2, W-3, California DE-6 , California DE-7 , Texas C-3 , Texas C-4, New York NYS-45, Illinois 941 and Illinois UI-3/40.

# # #





More Stress Press Releases

What’s Your Stress Number(TM)? The February 2011 Report on the New Health Metric by The Oxygen Plan


Minneapolis, MN (Vocus/PRWEB) March 21, 2011

The Oxygen Plan Corporation reports the February 2011 findings of the new health metric – The Stress Number?, after over 38,000 respondents have completed the 30 question The Oxygen Plan Stress Test. To assess individual stress, there were 10 questions for home, work and social. The scoring for each question ranged from 0 – 100, whereby a score of 0 means extreme stress (red), to 100, meaning stress free (green).

Key February Findings: ?The New Normal”

Things seem to be improving since the end of 2010. ?We see modest improvements for home and work lives since December and no change in social lives, says Dr. Donald E. Williams, board-certified clinical health psychologist (American Board of Professional Psychology/ABPP), and Chief Science Officer, The Oxygen Plan, “The current data provide good news and bad news. The aggregate Stress Number? for home and work are up since December of last year – that’s the good news. The bad news is that all numbers are still yellow indicating stress and its ill effects on our home, work and social lives – and our health – remains a serious issue.”

For employers, that translates to a cost of $ 4,888 per employee per year. In the work place, stress manifests in lost productivity, absenteeism, presenteeism, group health expense, employee turnover and disability expenses. The total annual economic impact of stress in the U.S. is $ 400 Billion.?

‘Never before has it been possible to measure, compute, report, trend or aggregate a stress metric as it relates to personal health or organizational cost,’ says Dr. Williams. Now, we are able to assess stress, calculate the Stress Number?, provide The Oxygen Plan program and re-measure stress for individuals or organizations. ‘The Stress Number? is a significant development in the field of health metrics.’ ‘We feel the Stress Number? should be used to help individuals and organizations manage health and health care costs ? just like blood pressure and body weight,” adds Eric Lucas, Founder and CEO of The Oxygen Plan. ‘Because stress in the home or social life impacts employees at work, and vice versa, it’s in employers’ best interest to know the aggregate Stress Number? for their employee populations. Now they can establish a baseline, implement programs toward improvement, and reassess their employees.?

About The Oxygen Plan

The Oxygen Plan is an online behavior change program that helps organizations reduce the costly and negative effects of stress in the workplace and at home, including increased healthcare expenses, chronic medical conditions, mental health issues, absenteeism, productivity losses, and reduced employee engagement. The company’s patent-pending stress management system teaches individuals to recognize the sources and symptoms of stress and provides them with tools and information for effectively reducing and avoiding stress. For more information, attend the webinar or visit The Oxygen Plan.

# # #





Find More Stress Press Releases

The Stress Number(TM) Report for March 2011


Minneapolis, Minnesota (PRWEB) April 25, 2011

Employee stress drains $ 400 billion a year from U.S. employers–yet many organizations do not fully understand the damage stress causes to their profit margins, employee productivity levels and employee health. In an ongoing study of Stress in America, The Oxygen Plan Corporation reports the March 2011 findings of the new health metric – The Stress Number?. To date, over 42,000 respondents have completed the 30 question The Oxygen Plan Stress Test to assess their individual stress. The stress test has 10 questions for home, work and social stress. The scoring for each question ranges 0 – 100, whereby a score of 0 means extreme stress (red), to 100, meaning stress free (green).

Key March Findings: ?More Stress at Home”

Basis 1,984 respondents to The Oxygen Plan?s Stress Test, the March Stress Number? for home, work and social stress are 46, 52 and 53, respectively. ?Clearly, scores are toward the lower end of the scale. This is especially true for the home domain,? says Dr. Donald E. Williams, board-certified clinical health psychologist (American Board of Professional Psychology/ABPP), and Chief Science Officer, The Oxygen Plan. “So, there is bad news ? as a group, scores are low. While still yellow, the home score, in particular, reflects a downward trend. Perhaps, as one might expect, the stresses of work, the economy and dwindling social support are showing up at home. Combined, the scores indicate stress, and its ill effects on our home, work and social lives, and on and our health, remains a serious issue.”

A “Stress Number?” can also be an aggregated measure of the stress affecting an organization’s workforce. Two new research papers from The Oxygen Plan urge employers to learn the Stress Number? for their employees and employee groups to help them develop an effective stress management program.

The impact of stress in the U.S. workplace is bad news for employers as it manifests in lost productivity, absenteeism, presenteeism, group health expense, employee turnover and disability expenses. “Many organizations invest in resources like EAPs, work-life programs and policies, and health and wellness programs,” said Dr. Williams, “but many are unaware of their employees’ actual stress levels, how much of their stress is job-related or the root causes of their stress.” “Stress diminishes the engagement and effectiveness of a workforce, erodes workers’ physical and emotional health, and drives up medical and insurance costs,” adds Eric Lucas, CEO of The Oxygen Plan Corporation.

?With the Stress Number?, it is now possible to measure, compute, aggregate, report, and trend a stress metric as it relates to personal health or organizational cost,? says Dr. Williams. ?Now, we are able to assess stress, calculate the Stress Number?, provide The Oxygen Plan program and re-measure stress for individuals or organizations. The Stress Number? is a significant development in the field of health metrics.? ?We feel the Stress Number? should be used to help individuals and organizations manage health and health care costs ? just like blood pressure and BMI,” adds Eric Lucas, Founder and CEO of The Oxygen Plan. ?Because stress in the home or social life impacts employees at work, and vice versa, it’s in employers’ best interest to know the aggregate Stress Number? for their employee populations and get a line of sight into root causes.?

About The Oxygen Plan

The Oxygen Plan is a new patent-pending behavior change program designed to help people recognize and reduce stress, live healthier, happier lives while helping employers lower health care costs and improve productivity and employee engagement. The Oxygen Plan, co-developed by Eric Lucas and Dr. Williams, is the only stress reduction program to use a simple green, yellow, red color coding to easily facilitate stress recognition and behavior change for individuals and organizations. For more information visit http://www.theoxygenplan.com.

# # #





The Stress Number(TM) Report for April 2011


Minneapolis, MN (PRWEB) June 01, 2011

Employee stress drains $ 400 billion a year from U.S. employers–yet many organizations do not fully understand the damage stress causes to their profit margins, employee productivity levels and employee health. In an ongoing study of Stress in America, The Oxygen Plan Corporation reports the April 2011 findings of the new health metric – the Stress Number?. To date, over 49,000 respondents have completed the 30 question, 5 minute The Oxygen Plan Stress Test to assess their individual stress. The stress test has 10 questions for home, work and social stress. The scoring for each question ranges 0 – 100, whereby a score of 0 means extreme stress (red), to 100, meaning stress free (green).

Key April Findings: ?Still Stressed But Heading In The Right Direction”

A total of 2,942 respondents completed The Oxygen Plan?s Stress Test in April. The resulting Stress Number? for home is 49, followed by work and social stress at 54 for both dimensions. ?Clearly, scores are in the yellow – indicating there is a lot of stress out there. Overall, the Stress Number? for each life dimension, home, work and social, has deteriorated since we initiated this study in September 2009,” says Dr. Donald E. Williams, board-certified clinical health psychologist (American Board of Professional Psychology/ABPP), and Chief Science Officer, The Oxygen Plan. “Having said that, these are the best Stress Number? scores that we have seen in recent months for home, work and social stress and find the data slightly encouraging.” Versus last month, the Stress Number? scores for home, work and social stress were improved by 3, 2, and 1 point. “This is the first time we have ever seen an across the board improvement. The 3 point jump in the home Stress Number? is the best single month improvement since we have been conducting our research.” Combined, the Stress Number? scores indicate stress, and its ill effects on our home, work and social lives, and on and our health, remains a serious issue.”

A “Stress Number?” can also be an aggregated measure of the employee stress affecting an organization’s workforce. Three new research papers from The Oxygen Plan Corporation urge employers to learn the Stress Number? for their employees and employee groups to help them develop an effective stress management program and how to optimize their Employee Assistance Program.

The impact of stress in the U.S. workplace is bad news for employers as it manifests in lost productivity, absenteeism, presenteeism, group health expense, employee turnover and disability expenses. “Many organizations invest in resources like EAPs, work-life programs and policies, and health and wellness programs,” said Dr. Williams. “These are essential but reactive initiatives. Many organizations are unaware of their employees’ actual stress levels, how much of their stress is job-related, the root causes of their stress, or that they can be proactive in terms of addressing the very real problems and associated costs.” “Stress diminishes the engagement and effectiveness of a workforce, erodes workers’ physical and emotional health, and drives up medical and insurance costs,” adds Eric Lucas, CEO of The Oxygen Plan Corporation.

?With the Stress Number?, it is now possible to measure, compute, aggregate, report, and trend a stress metric as it relates to personal health or organizational cost,? says Dr. Williams. ?Now, we are able to assess stress, calculate the Stress Number?, provide The Oxygen Plan program and re-measure stress for individuals or organizations. The Stress Number? is a significant development in the field of health metrics.? ?We feel the Stress Number? should be used to help individuals and organizations manage health and health care costs ? just like blood pressure and BMI,” adds Lucas. ?Because stress in the home or social life impacts employees at work, and vice versa, it’s in employers’ best interest to know the aggregate employee Stress Number? for their organization and get a line of sight into root causes.?

About The Oxygen Plan

The Oxygen Plan is a revolutionary new behavior change program designed to help employees recognize and reduce stress, live healthier, happier lives while helping employers lower health care costs, improve productivity and strengthen employee engagement. The Oxygen Plan, co-developed by Dr. Donald E. Williams, board-certified clinical health psychologist (American Board of Professional Psychology/ABPP), and Chief Science Officer and Founder, Eric Lucas, is the only stress reduction program to use a patent-pending green, yellow, red color coding to easily facilitate stress recognition and behavior change for individuals and organizations. The Oxygen Plan is also the home of the Stress Number?, the new health metric, and first to quantify stress levels. For more information visit http://www.theoxygenplan.com.

###





Related Stress Press Releases