On February 21, 2023, Treasury and the IRS issued T.D. 9972, finalizing regulations implementing the requirement to e-file certain information and tax returns. These regulations affect filers of ...

Under U.S. law, any individual or business who receives more than $10,000 in one transaction or a series of related transactions, while conducting their trade or business, must report it to the ...

A recent opinion piece in the Wall Street Journal suggested that e-filing could leave taxpayers vulnerable to cyberattacks and IRS penalties. Don’t let these arguments scare you. E-filing is still the ...

With the original filing deadline, January 31, falling on a weekend, the IRS filing deadline for most 1099 forms, payroll forms and W-2 forms has shifted to February 2, 2026. When a federal filing ...

The IRS has announced that the Filing Information Returns Electronically (FIRE) system will be retired after the 2026 tax year. Beginning with the 2027 tax year, information returns that historically ...