Description

Electronic filing of information returns is no longer optional for most organizations — and keeping up with IRS systems and rule changes has never been more critical.

In this practical, compliance-focused session, you’ll gain a clear understanding of how to electronically file Forms 1099 (all types) and 1042-S, including where each form must be submitted and why the process can be so complex. With regulations now requiring electronic filing when 10 or more forms are issued, even small filers must navigate multiple IRS platforms with confidence.

We will break down:

• The IRS systems used for 1099, 1042-S, and Form 1042 filings
• The newly modernized IRIS (Information Returns Intake System)
• The planned phase-out of the FIRE system and what it means for your filing strategy
• Key compliance deadlines and processing considerations
• How the One Big Beautiful Bill impacts Form 1099 reporting requirements
• As time permits, we’ll also explore electronic recipient delivery, W-9 collection best practices, and other critical electronic compliance topics
• As time permits, we’ll also explore electronic recipient delivery, W-9 collection best practices, and other critical electronic compliance topics
• This session translates complex IRS processes into clear, actionable guidance you can use immediately

Why You Should Attend

• Attending this webinar will help you:
• Avoid costly filing errors and IRS penalties
• Understand where and how each information return must be filed
• Prepare for the transition away from the FIRE system
• Adapt your processes to IRIS and new IRS modernization efforts
• Stay ahead of legislative and regulatory changes impacting 1099 reporting
• Gain practical insight whether you file internally or through a vendor

Learning Objectives
After attending this session, participants will be able to:

Identify the IRS systems used for electronic filing of information returns

Understand the purpose and functionality of the IRIS and FIRE systems

Apply electronic filing regulations correctly

Evaluate filing options, including in-house versus vendor-supported solutions

Recognize legislative changes affecting Form 1099 reporting

Who Should Attend

• Payroll professionals
• Accounts payable staff
• Tax and compliance professionals
• HR and finance teams
• CPAs and accounting firm staff
• Payroll service providers and consultants
• Anyone responsible for preparing, filing, or managing Forms 1099, 1042-S, or 1042