Say goodbye to time-consuming management of individual escrow accounts. Bid farewell to preparation of year-end 1099 forms. We’ll do the busy work establishing and tracking sub-accounts for each of your clients..
Your 1099 forms will be prepared for you and mailed directly to the sub-account holders. Best of all, our network’s powerful server enables us to manage an unlimited number of sub-accounts. Simply maintain a master escrow account and a separate business checking account for disbursements. Make deposits with a special deposit ticket which provides for the name, address, and tax ID number for your client.