IRS Electronic Filing of Forms 1099 and 1042-S | Product

How can you tell whether electronic filing of IRS information returns in the 1099 series and the 1042-S will be mandatory for your organization for this year?

What are the options available to your organization for filing Forms 1099 and 1042-S electronically?

How do the IRS IRIS system and the IRS FIRE system work and what does each of them require you to do?

These and other important questions will be addressed in this webinar to help you determine how and when to meet your non-wage tax information return filing obligations for 2023. Topics include:

• Federal regulatory mandates for filing information returns electronically: what’s new for 2023 year-end reporting
• Registering and maintaining registration to file electronically
• Transmitter Control Codes (TCCs) – how do they work and how many do you need?
• Roadmap to file preparation for the FIRE filing system
• Roadmap to file preparation for the IRIS filing system
• Filing deadlines for efiled Forms 1099 and 1042-S

Learning Objectives:

• Identify the thresholds at which electronic filing is required for Forms 1099 and 1042-S
• Access 2023 information for the IRS file structure and data communications for IRIS and FIRE 
• Use the current IRS systems for individual user identification and entity application to file electronically