Notes from the President

04 January 2019 khilton Notes from the President


Ken Hilton - President Red Wing Software

I hope you had a joyous holiday season.
January is the busiest month here at Red Wing Software. With everyone closing out 2018, beginning 2019, and making sure their payroll information is up-to-date with the rapidly changing tax calculations, our support lines light up. We have prepared internally to answer the calls from our customers at a rate you’ve come to expect from us. You can help ensure a smooth transition to the new year by reviewing the documents and videos recently posted on our web site, and referred to in this newsletter, that answer frequently asked questions about your software.
I’d like to congratulate our support staff for consistently reaching 92% direct pick-up of calls coming in to our support lines. That percentage has steadily improved over the years to the excellent level it is today. Our entire staff has worked hard to achieve this goal, and they are prepared to continue this high level of service. Please join me in thanking them for their hard work.
All of us at Red Wing Software wish you a happy, prosperous, and safe New Year.

Affordable Care Act (ACA) Information

28 December 2018 rpalm Customer Information
CenterPoint Payroll features tools to handle the Affordable Care Act (ACA) reporting. This function within CenterPoint Payroll allows employers to track and report required ACA information for tax filing purposes. The ACA reporting is included within CenterPoint as a standard feature. Please note that Red Wing Windows Payroll users who need to handle ACA reporting are highly encouraged to migrate to CenterPoint Payroll, as ACA reporting will not be available within Red Wing Windows Payroll software. To receive more information about upgrading to CenterPoint Payroll, please call 800-732-9464, or email sales@redwingsoftware.com.
For detailed Affordable Care Act (ACA) information that includes links to an Affordable Care Act (ACA) and CenterPoint Payroll document and video, eFile price sheet, and frequently asked questions, click here.

W-2, ACA 1094/1095, and 1099 Government Filing Deadlines

20 December 2018 StephanieE
Important 2018 1099 Filing Deadline for 2019: The Internal Revenue Service filing deadline for 1099-MISC forms reporting non-employee compensation such as payments to independent contractors is January 31, 2019.
Important 2018 W-2 Filing Deadline for 2019: The Internal Revenue Service filing deadline for W-2 forms submitted to the Social Security Administration is January 31, 2019 whether you file using paper forms or electronically.
Important 2018 ACA 1094/1095 Form Filing Deadlines for 2019: Form 1095-C for the 2018 calendar year must be furnished to employees by January 31, 2019. Filers of Form 1095-B must furnish a copy by January 31, 2019 to the person identified as the “responsible individual” on the form for coverage in 2018. Forms 1094/1095-B and 1094/1095-C filed in 2019 reporting coverage provided in calendar year 2018 are required to be filed with the Internal Revenue Service by February 28, 2019, or April 1, 2019 if filed electronically.
Note: The deadlines listed above were taken directly from the form instructions on the Internal Revenue Service web site and are subject to change by the Internal Revenue Service.

Year-End Procedures

19 December 2018 roxie-thoner Customer Information
Software Program Year-End FAQ Document
CenterPoint Accounting for Agriculture Click Here
CenterPoint Accounting Click Here
CenterPoint Fund Accounting Click Here
CenterPoint Payroll Click Here
Red Wing Payroll Click Here
CenterPoint year-end documents can also be accessed directly from the Help section. From our web site at www.redwingsoftware.com select Menu, under your CenterPoint product, select Help. In the Search bar, enter Year-end Frequently Asked Questions.
Red Wing Payroll year-end documents can be accessed directly from our How2 Documentation. Log in to the Red Wing Software web site at www.redwingsoftware.com, select Menu > Legacy Products > Red Wing Payroll > How2 Documentation, and then select End of Year > End of Year FAQ.

Year-End Tax Forms

18 December 2018 roxie-thoner Customer Information
As the end of 2018 approaches, we would like to suggest the forms, perforated paper, and envelopes that you may need to purchase for processing W-2s, 1099s, and ACAs (for CenterPoint Payroll only). Forms, perforated paper, and envelopes can be purchased from Computer Forms, Inc. at redwing.computerforms.biz, by calling 800-458-0158, or by clicking the Order Checks and Forms icon on the Red Wing Software web site. All 2018 forms are 25% off until December 31, 2018 (use promotion code RWCFITD when ordering).
Perforated paper and envelopes can be purchased separately or as a package (Tax Pack). Ordering a Tax Pack will save you money and your savings increase based on the quantity you order in a Tax Pack.
If you order on the Computer Forms, Inc. web site, select Tax Forms, select the product you use, for example CenterPoint, Red Wing Payroll, or TurningPoint, and then select Order Laser 1099 Forms, Order Laser W-2 Forms, or Order ACA-1095 Forms (for CenterPoint only) to display the 1099, W-2, or ACA forms, perforated paper, and envelopes. If a Product Number is not displayed on the web site for your product, the form has been discontinued and is not necessary.
The W-2 and 1099 forms (excluding the Federal Red Copy) can be printed on the same plain perforated paper (if you choose to order the blank perforated paper with no backer instructions) and use the same envelope. Note: You can print the W-2 and 1099 forms on plain paper, but the IRS recommends the forms be printed on perforated paper. The W-3 can be printed on blank plain paper.
If you will be printing your W-2 forms this year rather than using the Complete W-2 eFiling Service through Aatrix, we suggest the following options:
W–2 Forms and Envelopes
• Option A: Order blank perforated forms and envelopes with nothing printed on the back of the forms
 
? 4-Up Blank W-2/Blank 1099 with no backer instructions – Product Number - L4BLNB
? Envelopes - Double Window Standard Seal, Product Number - DWEW2-4UP or Double Window Self Seal, Product Number - DWEW2-4UPS
• Option B: Order blank perforated forms and envelopes with instructions printed on the back of the forms
 
? 4-Up Blank W-2 with backer instructions – Product Number - L4BL
? Envelopes - Double Window Standard Seal, Product Number - DWEW2-4UP or Double Window Self Seal, Product Number - DWEW2-4UPS
• Option C: Order perforated forms and envelopes as a package (Tax Pack)
 
? 4-Up Blank W-2 with backer instructions and Double Window Standard Seal Envelopes – Product Number TPL4BL-EFILE
? 4-Up Blank W-2 with backer instructions and Double Window Self Seal Envelopes – Product Number TPL4BL-EFILES
? 4-Up Blank W-2 with no backer instructions and Double Window Standard Seal Envelopes – Product Number TPL4BLNB-EFILE
? 4-Up Blank W-2 with no backer instructions and Double Window Self Seal Envelopes – Product Number TPL4BLNB-EFILES
? 4-Up Blank W-2 and Blank 1095-C forms with backer instructions and Double Window Standard Seal Envelopes – Product Number TPL4BL95C-EFILE
? 4-Up Blank W-2 and Blank 1095-C forms with backer instructions and Double Window Self Seal Envelopes – Product Number TPL4BL95C-EFILES
Although the Tax Pack contains a preprinted W-3 Transmittal form and preprinted 1094-C Transmittal form, it is not necessary to use the preprinted forms. The W-3 and 1094-C transmittal forms can be printed on blank plain paper.
• Option D: Use the Complete W-2 and ACA eFiling Service through Aatrix
 
? No forms are needed because Aatrix does all the printing and filing for you.
If you will be printing your 1099 forms this year rather than using the Complete 1099 eFiling Service through Aatrix, order from the following preprinted Federal Copy and 1099 Transmittal forms and 1099 form and envelope options:
1099 Federal Copy and 1099 Transmittal
• 1099 preprinted forms (Red Copy) for use when printing the Federal Copy of the 1099s.
 
? 1099 Miscellaneous Federal Copy A – Product Number LMA
? 1099 Dividend Federal Copy A – Product Number LDA
? 1099 Interest Federal Copy A – Product Number LIA
? 1099 PATR Federal Copy A – Product Number LPA
? 1099 R Federal Copy A – Product Number LRA
• 1096 preprinted form (Red Copy) for use when printing the Federal 1096 form.
 
? 1096 Laser Transmittal – Product Number L1096
If you will be printing your 1099 forms this year rather than using the Complete 1099 eFiling Service through Aatrix, order from the following preprinted Federal Copy and 1099 Transmittal forms and 1099 form and envelope options:
1099 Forms and Envelopes
• Option A: Order blank perforated forms and envelopes with nothing printed on the back of the forms
 
? 4-Up Blank 1099/Blank W-2 with no backer instructions – Product Number L4BLNB
? Envelopes - Double Window Standard Seal, Product Number - DWEW2-4UP or Double Window Self Seal, Product Number - DWEW2-4UPS
• Option B: Order perforated forms and envelopes as a package (Tax Pack)
 
? 4-Up Blank 1099/Blank W-2 with no backer instructions and Double Window Standard Seal Envelopes – Product Number TPL4BLNB-EFILE
? 4-Up Blank 1099/Blank W-2 with no backer instructions and Double Window Self Seal Envelopes – Product Number TPL4BLNB-EFILES
• Option C: Order perforated forms, 1099 preprinted form
 
(Red Copy – 1099-MISC or 1099-INT), and envelopes as a package (Tax Pack)
? 4-Up Blank 1099/Blank W-2 with no backer instructions, 1099 Miscellaneous Federal Copy A, and Double Window Standard Seal Envelopes – Product TPL4BLMISC-EFILE
? 4-Up Blank 1099/Blank W-2 with no backer instructions, 1099 Miscellaneous Federal Copy A, and Double Window Self Seal Envelopes – Product TPL4BLMISC-EFILES
? 4-Up Blank 1099/Blank W-2 with no backer instructions, 1099 Interest Federal Copy A, and Double Window Standard Seal Envelopes – Product TPL4BLINT-EFILE
? 4-Up Blank 1099/Blank W-2 with no backer instructions, 1099 Interest Federal Copy A, and Double Window Self Seal Envelopes – Product TPL4BLINT-EFILES
? 4-Up Blank 1099/Blank W-2 with no backer instructions, 1099 Dividend Federal Copy A, and Double Window Standard Seal Envelopes – Product TPL4BLDIV-EFILE
? 4-Up Blank 1099/Blank W-2 with no backer instructions, 1099 Dividend Federal Copy A, and Double Window Self Seal Envelopes – Product TPL4BLDIV-EFILES
• Option D: Use the Complete 1099 eFiling Service through Aatrix
 
? No forms are needed because Aatrix does all the printing and filing for you.
Affordable Health Care Act (ACA) Forms and Envelopes
• Option A: Order blank fold perforated forms and envelopes with backer instructions
 
? 1095-C Blank Form – with fold perforation and backer instructions – Product Number – L1095CBL
? 1095-B Blank Form – with fold perforation and backer instructions – Product Number – L1095BBL
? Envelopes - Double Window Standard Seal, Product Number - DWEW2-4UP or Double Window Self Seal, Product Number - DWEW2-4UPS
• Option B: Order blank fold perforated ACA forms, 4-Up W-2 forms, and envelopes as a package (Tax Pack)
 
? 4-Up Blank W-2 and Blank 1095-C forms with backer instructions and Double Window Standard Seal Envelopes – Product Number TPL4BL95C-EFILE
? 4-Up Blank W-2 and Blank 1095-C forms with backer instructions and Double Window Self Seal Envelopes – Product Number TPL4BL95C-EFILES
Although the Tax Pack contains a preprinted W-3 Transmittal form and preprinted 1094-C Transmittal form, it is not necessary to use the preprinted forms. The W-3 and 1094-C transmittal forms can be printed on blank plain paper.
• Option C: Use the Complete W-2 and ACA eFiling Service through Aatrix
 
? No forms are needed because Aatrix does all the printing and filing for you.