Bill.com has signed an integration deal with tax filing solutions creator TechAtlantis and its Tax1099.com product to automate the process of creating and e-filing 1099-MISC forms.
Customers using the new, integrated Bill.com/Tax1099 solution can now create 1099s with their Bill.com data by granting Tax1099 access to their Bill.com account. Tax1099 then imports Bill.com data automatically and securely, creating draft forms that customers review for accuracy. After examining the forms, customers direct Tax1099 to e-file them with tax agencies and to email or mail them to their payees.
“Filing 1099s has always been a long and painful process, which is exacerbated by the fact that all forms must be sent to payees right after the holidays,” said Bill.com founder and chief executive René Lacerte. “We are pleased to team with a proven company like Tax1099 to streamline yet another financial process so that our customers can fulfill their reporting requirements quickly, easily and accurately.”
The product is now available through Tax1099.com and starting Friday, January 10 Bill.com customers will be able to access it as an app in their Bill.com account.
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