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IRS update: digital communication and payroll

BMT Office Administration

Mamo reviewed some initiatives, including IRIS , the IRS’ new simplified platform for filing 1099s. Information return filers filed about 300,000 to 400,000 1099s through IRIS this past winter. In July the IRS will roll out a bulk filing feature for IRIS. modernized e-file), and the data is extracted and dropped into a schema.

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5 things you should do now to prepare for year-end payroll reporting

BMT Office Administration

However, Payroll teams are busy preparing for a different season — year-end reporting. While this may be the most stressful time of the year, good preparation can smooth out a lot of the kinks. So what can you start doing now to get ahead and reduce the stress when prime time arrives? Reach out to employees if SSNs are missing.

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