Plain-English summaries of the changes that affect 1099 and 1042-S filers. For the full analysis behind any update, get in touch.
CP2100, CP2100A and 972CG notices are more than year-end compliance items. The payee listings are a data-quality report on the vendor records you are about to submit through IRIS — and a look-back you can run before the next filing season.
Read moreThe IRS is retiring FIRE for 2026 information returns. New schema requirements, a $2,000 threshold, and no FIRE TCC carryover mean early action is required. Use this checklist to prepare for the move to IRIS.
Read moreThe IRS released a revised draft Form W-9 (June 2026) that changes its stance under the January 2026 draft, in which a sole proprietor was required to provide its Social Security Number rather than an Entity Identification Number.
Read moreWhat a CP2100 or CP2100A notice means when the IRS flags a Form 1099 name and Tax Identification Number (TIN) mismatch — and the steps to resolve it before backup withholding is triggered.
Read moreKey considerations when weighing a hardship waiver from the electronic-filing requirement for Form 1042 — who may qualify, and what to think through before relying on one.
Read morePrior-season paper-filing relief should not be assumed to continue. Form 1042 must be filed through MeF — not FIRE or IRIS. If you're not ready by the deadline, here are the options: a qualified MeF provider, a hardship waiver, or a Form 7004 extension.
Read moreThe filing deadlines may feel far off, but the fall is the ideal window to get ahead. A three-step plan: identify who's responsible for reporting, determine your reportable population, and confirm your systems and vendors are ready.
Read moreCritical deadlines and compliance rules for the 2025 season — e-file thresholds, due dates for Forms 1099, 1042 and 1042-S, how to request extensions (Forms 8809, 15397 and 7004), and the penalties for late or incorrect filing.
Read moreThe IRS's September 2025 draft requires sole proprietors to use an SSN, reiterates the disregarded-entity TIN rules, and adds a new exemption for U.S. digital asset brokers. What payors should review now to stay ahead of CP2100 notices and backup withholding.
Read moreWant the detail behind any of these? Get in touch
From the IRIS transition to a fresh CP2100 notice, we can tell you what it means for your filings — and what to do next.
