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Hearst's Manilla Makes Filing Taxes Easier by Providing Year-End Statements and Free Accountant Tools
Unlimited Document Storage, Bill Share and Access to 4,000+ Companies Puts Consumers in Control of Their Finances
|By Marketwired .
|March 19, 2014 10:02 AM EDT
NEW YORK, NY -- (Marketwired) -- 03/19/14 -- Manilla, the leading, free and secure digital mailbox service that allows consumers to manage their bills and other accounts on mobile, tablet and desktop, today announced it can automatically identify and retrieve year-end tax statements for consumers, putting them all in one secure, convenient place. This feature, in addition to Manilla's unlimited document storage and new Bill Share tool, helps ease a major pain point consumers face during tax season: having to gather and organize all of their documents before the April 15 filing deadline.
"According to a Manilla survey, more than half of consumers find gathering paperwork to file their taxes to be an annoyance," said Jim Schinella, Manilla CEO. "Our promise of simplifying and organizing consumers' lives led us to build a service that streamlines the process of organizing those documents, which is especially helpful during tax season. Manilla's ability to identify and store tax documents on behalf of our users reduces the burden and stress that comes with tax time, giving our customers one less thing to worry about."
Manilla automatically aggregates several types of year-end statements, including 1098 (mortgage interest), 1098-E (student loan interest), 1099-INT (e.g., savings bond interest), 1099-R (distributions from annuities, profit-sharing plans, Individual Retirement Accounts [IRAs], insurance contracts, and/or pensions), 1099-B (proceeds from broker and barter exchange transactions), 1099-DIV (dividends and distributions), 1099-Q (interest on payments for qualified education programs, like 529 plans), and 5498 (interest on IRA contributions and other tax-preferred savings accounts).
In addition to providing year-end statements and free, unlimited online document storage, Manilla recently launched a feature called Bill Share, which allows customers to securely share statements and account information with financial professionals, such as accountants. Bill Share also lets customers collaborate on managing bills and accounts with their spouse or partner, roommate, parent, child, or anyone else, giving both people complete visibility into the account's status.
Manilla, which was recently named to Kiplinger's Personal Finance's 2013 Best of Everything List and as one of CNBC's 10 best financial apps of 2014, offers a platform that provides convenient, secure online access to all household accounts and services for more than 4,000 businesses. The free service helps consumers manage all of their household accounts, including financial and brokerage, utility, subscription, daily deal, travel and rewards, and healthcare accounts, all through Manilla.com or via the Manilla Android or iOS mobile apps.
Manilla organizes and simplifies people's lives by providing one secure access point to all household accounts and services. The free digital mailbox service helps consumers manage and share their mail and household accounts, including financial and brokerage, utility, travel, entertainment, subscription and healthcare accounts all through Manilla.com. Consumers can also use all of the Manilla features on the go by using Manilla's 4+ star customer-rated Android and iOS mobile apps. Under a single password, Manilla gives customers an automated, organized view of all of their account information, text and email reminders to pay bills, renew expiring subscriptions, and manage soon-to-expire daily deals, all with unlimited storage and seamless document retrieval.
Manilla is a company incubated within and backed by Hearst Corporation. Manilla is the recipient of the Webby Award and People's Voice Award for Best Banking/Bill Pay Service and was chosen as one of 10 best financial apps of 2014 by CNBC, as one of Google Play's and Apply iTunes editor's choice picks in 2014, as a top service on Kiplinger's Personal Finance's 2013 Best of Everything List, and as one of Money Magazine's "Top Money Apps." For more information, please visit www.manilla.com/.
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