The Tax Adviser has published an article, “New online portal available for businesses to file Forms 1099,” which discusses The Information Returns Intake System or “IRIS”, an online portal available for submitting Forms 1099. The article begins as follows:
A new online portal where businesses can file Form 1099 series information returns for free is now open, the IRS said Wednesday.
The Information Returns Intake System (IRIS) is available to businesses of any size, but the IRS expects it to be especially useful for small businesses that now file information returns on paper. IRIS now accepts Forms 1099 for tax year 2022 and later.
Click here to see the full article, “New online portal available for businesses to file Forms 1099”
Posted by Melissa Zheng, Associate Editor, Wealth Strategies Journal.