April 13 2015 — Merrimack, NH

TireMaster Software Makes Tax Preparation Easier

Latest software update adds vendor 1099 tracking and reporting

The new TireMaster 8.9 software released by ASA Automotive Systems won’t make it easier to file your taxes this year, but it can make next year’s task much simpler.

The latest update to the industry-leading software for independent tire dealers includes the ability to store a taxpayer ID number in a vendor record, identify if the supplier is a 1099 vendor, and indicate if their form W-9 is on file. At tax time, or any time, authorized users can print a report to see how much they have paid their 1099 vendors.  This report makes completing IRS form 1099 Misc much easier. In addition, the report may be saved as a .csv file for importing into tax preparation software.

TireMaster software is already fully integrated with PenSoft Payroll, an easy-to-use application that tracks wages, deductions, income tax and attendance in-house. It makes current state and federal payroll information readily available, distributing updated tax tables and filing requirements throughout the year.

Using PenSoft with TireMaster eliminates the need for an outside payroll service, and its direct-deposit options help avoid costly check printing fees.

“Because PenSoft is integrated with TireMaster, there is no additional, manual data entry,” explained Dave Vogel, vice president of sales. “When you’re done with payroll, you simply transfer the entries electronically from PenSoft to TireMaster, and it updates both the general ledger and the check register automatically.”

PenSoft Payroll is developed and distributed by Peninsula Software of Virginia, Inc. More information is at www.pensoft.com. Tire dealers interested in an easier tax preparation experience next year can learn more at www.asatire.com or by calling 866-210-6717.