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YEP Services, Pricing and Deadlines for Tax Year 2015
Year-End Processing Available Services :
  • IRS FIRE (Filing Information Returns Electronically) Processing: Includes preparation for your firm's 2015 1099-S data for electronic filing at the IRS FIRE Web site (http://fire.irs.gov). Your final data must be transmitted to the IRS by March 31, 2016. (The deadline is February 29 for paper filings.)
  • Recipient Forms: As an additional service, Standard Solutions can generate your 1099-S seller recipient forms. Recipient Forms must be postmarked by February 16, 2016.
Basic Fee and Sign-up Deadline:

IRS deadlines must be met, and our deadlines allow time for processing the large numbers of participants in this program. YEP Service will not be available for clients who do not sign up by the deadline or who have outstanding balances on their accounts.

The YEP Basic Fee for tax year 2015 is $425.00, but is discounted to $395.00 if you mail your payment with your sign-up form by Friday, January 15, 2016. The final sign-up deadline is January 25, 2016.

  • The Basic Fee applies individually to separate firms at the same location.
  • The Basic Fee applies individually to separate offices of the same firm using separate Standard databases.
  • Where a firm has merged or split, the Basic Fee applies to each business entity prior to and after the merger. (If filing under a new Federal Tax ID, you must obtain a new TCC number using IRS Form 4419.)
What is included in the Basic Fee?

The Basic Fee covers the total costs for most of our clients. Our technicians will make every effort to follow up with you throughout the process; please remember, however, it is your responsibility under the law to meet the IRS deadlines. Repeated follow-up calls are the main reason the service time allotment is exceeded and additional expenses are incurred. Timely response to our calls and making sure your data is complete and accurate will help keep your costs to a minimum. The Basic Fee includes:

  • Up to two hours of services performed by a Standard Solutions technician. Includes correspondence by e-mail or telephone, connection time, review of data with client, assistance with edits, generation of reports, data corrections, zip code entries, etc.
  • One Master Report and one Error Report generated by software we run against your data to check for missing information. Reports are delivered by e-mail in .pdf format for your review and approval before the data is finalized.
  • A test data file to test electronic filing with the IRS from your office. The IRS encourages testing for first-time FIRE Web site users.
  • Preparation and delivery of a final data file in the electronic format required by the IRS.

Your firm must perform the actual upload to the IRS. At the FIRE Web site, you are required to establish your own account for filing. Instructions are available at the site, or you can contact the IRS at 304-263-8700, ext. 3. File transfer testing at the IRS Fire test site may be done between November 1st and February 15th.

What extras are not included in the Basic Fee?
  • While you can generate Seller Recipient Forms as part of your closing packages, if you prefer, we can produce these forms as part of the YEP service. The flat-fee for 1099-S recipient forms is $50.00 if your data is complete, accurate and available for processing by January 25, 2016, or $100.00 if started thereafter.
  • Corrected Seller 1099-S forms are $3.00 per form.
  • Paper reports can be supplied in addition to the standard .pdf format for an additional $25.00 per printing. You will need to cover courier/delivery expenses for paper reports.
  • If errors in your data are discovered after the preparation of your final data file, the charge to generate a new final data file is $35.00.
  • Services rendered beyond the initial two hours will be provided at $65.00 per hour in thirty-minute increments. The service fee increases to $95.00 per hour for services rendered after March 15th, and to $125.00 per hour for services rendered after the IRS filing deadline.
  • An additional fee will be charged for each Extension of Time filed with the IRS by your office: $100.00 for the first extension, $150.00 for the second extension and $200.00 for the third extension and each extension thereafter.

I have read and understand the information above and wish to sign up for Year-End Processing