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Standard Solutions QuickNote
  Please contact us at services@standardsolutions.com

Sign-up reminder for 1099-S Year-End Processing

Just a quick reminder that it's time to make plans for your year-end 1099-S filing. If you've used us before, you know Standard's 1099 YEP service is the best way to get your filing ready. If not, take a moment to consider the hassle and expense of preparing forms by hand or hiring an outside service to do it.

Remember, the early sign-up discount deadline is November 30th!

Standard Solutions' 1099-S Year-end Processing Service:

Standard's Year-end Processing (YEP) Service will prepare an accurate 1099-S electronic filing for your firm that meets all IRS requirements, ready for uploading to the IRS. Our preliminary reports let you make sure no data is missing, helping you avoid errors and ensure a timely filing.

Because we work with the data that's already in your Standard Conveyancer program, we can offer great savings over the costs of labor-intensive manual processes.

There's more about our Year-end Processing Service on our Web site. If you already know the details, go directly to the fee, deadline, and early sign-up discount page to sign up for this year.

Malware and backups

What do computer viruses, spyware, ransomware and other types of malicious software have to do with backups? It's simple -- some of these things do so much damage that the only way to recover is to wipe your computer clean and start over. Your documents, pictures and program data will all be lost if you don't have comprehensive, working backups.

Most firms do backups of some sort, but on multiple occasions we've seen our clients experience problems trying to recover from data loss. Problems include backup programs not working correctly and users not knowing how to restore from their backups. It's worth checking it out if you didn't read it last year (or if you did read it but didn't do anything about it): Data backup and recovery for title agents - Traps for the unwary.

Please call our support department if you have any questions about backing up your Standard Conveyancer or Quicken data.

November 17, 2014


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Standard QuickTip:

Entering tax info

The Annual Tax field on the Financial screen does not "control" the monthly real estate tax escrow amount on the HUD-1 Page 2, and vice versa.

The Annual Tax field is used for Page 1 tax proration and title insurance schedules. The program will fill 1/12 of the figure into line 1004, but you can change line 1004 if the escrow is based on a future tax amount that is higher.

If you change line 1004, it will not change or update the Annual Tax field on the Financial screen.

For more information or assistance, contact Standard Solutions at:
(781) 324-0550 or services@standardsolutions.com.

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