Articles and Tax Tips

TAX TIP OF THE WEEK: What You Need to Know About the July 2025 IRS Decision to Replace The FIRE System for E-Filing Information Returns

In July of 2025 the IRS announced that the recently rolled out IRIS (Information Returns Intake System) will be the only system f

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Form 1099-DA compliance and reporting requirements went live earlier this year (with initial reporting to follow early in 2026 for payments involvi

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Let's say that you are preparing to issue a settlement check to a claimant for damages related to an error with handling a property distribution in

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The W-8 world and Non-Resident Alien vendors always pose interesting compliance issues.

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There are approximately a half dozen exceptions to the general rule that legal settlement payments made to claimants are Form 1099-MISC box three r

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IRIS, which stands for Information Returns Intake System, is a great method for e-filing Forms like 1099's.

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In January we published the first two parts of a series looking at recent Sales & Use changes.

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The purchase of materials or goods is not subject to 1099 reporting or withholding.

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It happens all the time.

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The new April 2025 Forms 1099-NEC and 1099-MISC have been finalized.

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