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WorkingPoint Announces Tax Preparation Features

San Francisco, California (PRESS RELEASE – November 17, 2009) – San Francisco, CA – WorkingPointT , Inc., the developer of easy-to-use online software for small businesses, announced today the addition of new features designed to help subscribers more easily complete their income taxes. The new tools will enable WorkingPoint’s small business customers to map their business expenses to IRS Form 1040 Schedule C, calculate their estimated income taxes and prepare 1099 Forms for their independent contractors.

“Our new tax features are designed to allow small business owners to collect and organize all the necessary information for tax preparation, saving them a great deal of time and effort,” said WorkingPoint CEO Tate Holt. “As companies look to get their books closed before the end of the year, these new enhancements enable our customers to accomplish tax preparation tasks simply and easily.”

The tax features are part of WorkingPoint’s premium offering and will all be available by the end of year. Earlier this month, WorkingPoint expanded its free offering, allowing existing – and new – subscribers to add an additional user to their accounts for no additional charge.

“We listened to the feedback from our growing community of small business customers and are very happy to provide WorkingPoint subscribers with the benefit of adding an additional free user,” added Holt. “Our free version is complete, uncomplicated, and very high quality. In addition, we’ve expanded our value proposition for our paying customers with our latest new tax preparation features, which also includes account access for up to five people for only ten dollars a month.”

For a list of features included with WorkingPoint’s free and premium
offerings along with corresponding prices, go to
www.workingpoint.com/pricing-and-signup/.

About WorkingPoint, Inc.

WorkingPoint develops easy-to-use software for small businesses, independent contractors, and home based businesses. The WorkingPoint solution is the first fully integrated, online system that combines everything a small business owner needs to successfully establish, manage and grow a business. With WorkingPoint, small business owners can manage bookkeeping, expenses, invoicing, contacts and inventory. The web-based WorkingPoint application
combines and seamlessly integrates all of these critical functions and more into a single solution – saving a small business valuable time and money. WorkingPoint is a fully secure, web-hosted service that offers free and premium service levels. The company’s goal is to help the over 26 million self-employed and small business owners in the U.S. run their businesses more efficiently and successfully. For additional information, visit www.workingpoint.com