Sovos vs. TaxBit Comparison Chart

Pros

• This product is very easy to use. Support system is good and quick to respond when needed. It's a good value just in saving employee time. Simply load in the information and you are notified of any errors You are notified when mailings have been completed and the IRS copies have been uploaded.
• Easy to use Saves information from prior years Excellent price points Avoids having to buy forms in bulk and waste them It files and sends all the information
• The Social Security Number check has saved me from a lot of hassle. It alone is worth the minor expense of this product. I don't have to do much with employees or contractors and I'm an unpaid volunteer.
• I am the treasurer for my company and annually I am required to file 1098-T for our students, 1099s for our vendors and ACA Reporting to the IRS, eFileMyForms as always been my reliable source to file these forms accurately and in a timely manner to the IRS. They recently added tin verifications which really helps to prevent additional fines from the IRS if we file incorrect tin numbers.
• Ease of completing 1099's. Info is stored from year to year so I do not have to input it each year. My CPA recommended this service several years ago and I'm glad he did.
• Very easy to use & forms go out timely
• The website makes it so easy for our business to send 1099's each year. With an account, it is even more beneficial as it keeps information for repeat contractors that we use from year to year. I don't have to manually fill out any form; just a few clicks of the button and copies are sent to the recipient and the proper government office. The prices seem to be reasonable enough as well.
• I can file for multiple bookkeeping clients and keep information stored year over year. And I don't have to have a complicated membership to use it, I can just do one form at a time if necessary. Also, it has all the 1099 forms that I need, not just the NEC's
• EZ File really did make it easy to file 1099 tax forms for the independent contractors at my business.
• I have been using eFileMyForms for the 1099's of my company and it's very straight forward and easy to use