GRANTS PASS, Oregon (MO.Properties) – Rentec Direct, the highest-rated property management software solution, is working to make the tax filing process as easy and efficient as possible for its clients this year. By taking advantage of tools like integrated e-filing services and a 1099 Tax Assistant that generates easy-to-understand reports, landlords and property managers will effortlessly meet the IRS deadline for 1099 form submission by February 1, 2021.
“Year-end accounting and reporting is one of the most stressful periods for our landlord and property management clients, especially after the year we’ve all faced with the COVID-19 pandemic,” said Nathan Miller, President of Rentec Direct. “This year, the IRS has made significant changes to the 1099 forms and deadlines, from changing the 1099-MISC form to reintroducing the 1099-NEC form. Our goal is to help our clients understand the details of these form changes, deadlines and requirements to make the tax filing process as streamlined as we possibly can.”
Through a working partnership with Nelco Solutions, Rentec Direct provides a direct integration with its property management software platform that allows users to electronically file their 1099 tax forms. These 1099 tax forms are automatically generated based on financial records and vendor payments recorded in the Rentec Direct software program throughout the year, and appropriate forms are sent to identified recipients and e-filed with the IRS. Landlords and property managers are able to meet deadlines with ease and remain compliant with tax obligations.
For more information on Rentec Direct’s tax filing capabilities, visit: https://www.rentecdirect.com/blog/1099-tax-filing-instructions-using-rentec-direct-property-management-software/.
About Rentec Direct
Rentec Direct offers industry-leading property management software and tenant screening solutions for real estate professionals. Features include online rent payments, tenant and owner portals, the industry’s largest vacancy listing syndication network, full property, tenant, and owner accounting, 1099-MISC reporting and more. Rentec Direct was named one of the Most Customer Friendly Companies of the Year in the 2020 Best in Biz Awards, received the silver Real Estate Company of the Year Award in the 2020 American Business Awards, has been named to the Inc. 5000 List of Fastest-Growing Private Companies for four years in a row (as of 2020), and was also included on the 2017, 2018 and 2019 Entrepreneur360 list for Best Entrepreneurial Companies in America. http://www.rentecdirect.com