IRS update: digital communication and payroll
BMT Office Administration
MAY 25, 2023
Information return filers filed about 300,000 to 400,000 1099s through IRIS this past winter. It’s more challenging with business and payroll returns, because of the power of attorney; the IRS is beginning a POA initiative, he added. Payroll is compliance-oriented; there’s very little wiggle room to be creative.
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