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Showing posts with the label 3922

IDMS Partners with Data Fabrications to Help Small and Medium Size Businesses Electronically Deliver Forms 1098, 1099, 3921, 3922, 5498 and W-2

Melville, NY (PRWEB) December 14, 2011 In the past, the electronic delivery (eDelivery) of information returns ? 1098, 1099, 3921, 3922, 5498 ? and annual wage reports ? W2, W2c ? via the web as electronic statements (eStatements) was only possible for large corporations armed with web developers, software programmers, database administrators and network engineers. Until now! Integrated Data Management Systems, Inc. (IDMS), a leading provider of 1099 and W-2 software, has partnered with Data Fabrications, Inc., a leading provider of document delivery and document management software, to develop a cost effective eDelivery system for small and medium size businesses. The end result was The Account Ability FileCabinet system. Account Ability's innovative FileCabinet system harnesses the industrial strength forms processing power of Account Ability Tax Form Preparation software to seamlessly create and electronically deliver information returns and annual wage reports. The Acc...

IRS Form 3921, 3922: Account Ability Releases Section 6039 Compliance Solutions to Assist ETRADE Corporate Services Equity Edge Clients with 2012 Reporting Requirements

Melville, New York (PRWEB) December 30, 2011 Integrated Data Management Systems, Inc. (IDMS), a leading provider of 1099 and W-2 software, today announced the release of its Account Ability Tax Form Preparation Software to help businesses comply with IRS regulation section 6039. As amended by Section 403 of the Tax Relief and Health Care Act of 2006, section 6039 requires corporations to file an information return with the IRS, in addition to providing employees with an information statement, following a stock transfer. Returns required by ?1.6039-1(a) of these final regulations and information statements required by ?1.6039-2(a) of these final regulations must be made using IRS Form 3921, Exercise of an Incentive Stock Option Under Section 422(b). For each transfer made in 2011, the employer must provide the following information to the IRS on Form 3921: Name, address and EIN of the company transferring the stock The name, address and EIN of the company whose stock i...