10/09/2023

Forms 1099 and Information Returns E-Filing Requirement

Are you required to file 1099s?

Did you know if you file more than 10 information returns (total of all 1099s, W-2s, etc) you are now required to electronically file those forms.

The IRS now has an online system that allows you to electronically file your 1099 forms. The system is known as Information Returns Intake System (IRIS). Using IRIS to electronically file your 1099s forms can save you time and money.

There is a one-time application process to obtain an IRS Transmitter Control Code. This process can take 45 days so act soon. Follow this link to get started -- https://www.irs.gov/filing/e-file-forms-1099-with-iris

Complete an Interest Form

7 Point Financial Health Checklist for Your Business

Do you know if your company is operating at its full potential?

Our 7 Point Financial Health Checklist will help you determine if your company is optimized for the best tax, accounting, and succession situations available. When you know that your company is ready for anything that comes your way, it gives you peace of mind about your future.

Whether you run a family farm or a multi-state company we can help you manage any financial situation that comes your way. This free checklist is a great way for you to make sure you are doing everything you can to not only protect your company but position it for long-term success.

Download our 7 Point Financial Health Checklist for Your Business today and take the first step in assuring yourself that your business is positioned to thrive.