Albuquerque, New Mexico Feb 21, 2019 (Issuewire.com) - WorldSharp Technologies, Inc. today announced the availability of the 2018 version of the WorldSharp 1099/1042-S Preparation System. It incorporates changes to meet the new IRS regulations concerning the printing and electronic filing of 1042-S forms. The electronic filing deadline for 1042-S forms is March 15, 2019 and a 30 day extension is available. Beginning in 2019, the boxes on the form have been re-arranged. The amounts are now in a different sequence and some of their descriptions have changed. Some of the income codes, status codes, exemption codes and withholding rates have changed. The date of birth for the recipient is now amplified and the numbers are contained in very large boxes. These changes required the length of the form to increase about an inch. There are now updated requirements for when a Foreign Tax Identification Number is required.
WorldSharp 1099/1042-S Preparation System is shipping with the new form changes and the IRS electronic reporting and correction specifications for 2018. WorldSharp is a leader in supplying an affordable system to process 1042-S forms.
Printing can be on pre-printed forms or blank paper. The system can print the form with the data and e-file, so there is no need to purchase forms. The system prints and electronically reports all 1097, 1098, 1099, 3921, 3922, 5498, W-2g and 1042-S forms.
Bobby Anderson, president of WorldSharp Technologies said that the most frequently asked question about the system is "Why does a system that can produce and electronically file 1042-S forms cost so little ($189.95)?".
For additional information about the 2018 version of the WorldSharp 1099/1042-S Preparation System, contact customer support at (575)445-2504 or visit http://www.WorldSharp.com
Inquires may also be addressed to info@worldsharp.com. WorldSharp Technologies, Inc. is located in Angel Fire, New Mexico and has provided quality financial software packages primarily to banks, financial institutions and CPA firms since 1978.
Media Contact
WorldSharp Technologies, Inc. support@worldsharp.com 575-445-2504 P O BOX 841 http://www.worldsharp.com
