YEP Services, Pricing and Deadlines
Year-End Processing Available Services:
  • IRS FIRE E-Filing: Includes reports and preparation of your firm's 1099-S data for electronic filing through the IRS FIRE Web site. Your filing must be transmitted to the IRS by March 31st.
  • Recipient Forms: If requested at sign-up, Standard Support can generate your 1099-S seller recipient (Copy B) forms. Recipient Forms must be postmarked by February 15th.
  • Additional 1099s: 1099-NEC and other 1099 forms can be provided and e-filed if requested at signup. 1099-NECs must be both postmarked and e-filed by January 31st.
Basic Fee and Sign-up Deadline:

For most filings, the YEP Basic Fee is $325.00, discounted to $295.00 if you mail your payment with your sign-up form. (Filings with more than 100 records are $425.00, discounted to $395.00.) An additional discount is available for ultra-small filings (15 or so records). 

The signup mailing deadline is January 15th following the end of the tax year.

What is included in the Basic Fee?

The Basic Fee covers the total cost in nearly all cases. Standard 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. Timely response to calls and making sure your data is complete and accurate will keep your costs to a minimum. The Basic Fee includes:

  • Up to two hours of services. Includes correspondence by e-mail or telephone, connection time, review of data, assistance with edits, generation of reports, data corrections, etc.
  • A Master Report and an Error Report generated by the tax software used to prepare your filing. Reports are delivered in pdf format for your review and approval before the data is finalized.
  • A Final Report, plus preparation and filing of your data in the electronic format required by the IRS.
What is not included in the Basic Fee?
  • Seller Recipient (Copy B) Forms: You should be generating these with your closing packages, but they can be produced as part of the YEP service if needed. The flat-fee for 1099-S recipient forms is $50.00 if your data is complete, accurate and available for processing by January 31st, or $100.00 if started thereafter.
  • 1099-NEC and other 1099 forms (pdf recipient copy and e-filing) are available for $5.00 per form.
  • Revised or corrected 1099-S or NEC recipient forms are $5.00 per form.
  • Services rendered beyond the two hours included in the Basic Fee will be provided at $60.00 per hour in thirty-minute increments.
  • An additional fee of $50.00 will be charged for any and each Extension of Time filed with the IRS for your office.

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