IRIS Update: 13 New Forms to be Added

IRIS Update New Forms to be Added

Beginning on July 1, 2024, IRIS, or the Internal Revenue Information System, will add 13 new forms to the Taxpayer Portal intake for tax year 2023. This update makes IRIS a more comprehensive and robust filing system.  What’s New? The following Information Returns will be incorporated into the IRIS Taxpayer Portal: Integration into Your IRIS … Read more

Understanding Information Returns – Comprehensive Guide 2022

understanding information returns - Work meeting, people sitting around table talking

An Information Return is a tax form used to report to the federal government, non-payroll related payments made from a business, agency or person to another person or company. You also must furnish copies of the information returns to recipients for payments reported. Failure to file the information returns by specified due dates could result … Read more