What is Track1099?

Track1099 is a cloud-based solution focused on automating the Form 1099 reporting process for businesses and their accounting partners. The platform streamlines the entire lifecycle of 1099 compliance: from recipient data collection and TIN matching to electronic filing (e-filing) with the IRS, electronic delivery (e-delivery) of forms to recipients, and managing corrections (e-correction) if needed. By moving this process online, Track1099 eliminates manual paperwork, reduces the risk of errors and penalties associated with incorrect filings, and provides a secure, audit-ready digital trail. It is designed to be intuitive, saving significant time and administrative overhead during the annual 1099 season.

Who it's for:

Track1099 is built for business owners, accounts payable departments, and accounting or bookkeeping firms that are responsible for filing 1099 forms for contractors, vendors, or other payees. It is particularly useful for entities that issue a moderate to high volume of 1099s and want a simple, reliable, and fully digital solution to manage this annual compliance obligation.

Our verdict:

Our verdict is that Track1099 is a straightforward and valuable tool that successfully automates a critical but often cumbersome tax reporting task. Its end-to-end e-filing and e-delivery capabilities offer a modern, paperless alternative to traditional methods. For businesses and firms looking to eliminate the hassle of 1099s efficiently, Track1099 provides a cost-effective and reliable solution.