News
September 21, 2026
IRS IRIS Transition: What Core, Performance, and Premier Customers Need to Know
The IRS is modernizing information return filing by replacing the Filing Information Returns Electronically (FIRE) system with the Information Returns Intake System (IRIS). Beginning with Filing Tax Year 2026 (forms filed in 2027), information returns submitted through Yearli will be processed through the IRS's newer modernized IRIS platform.
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September 25, 2026What a W-2 Correction Can Cost a Business: Penalty Exposure and Payroll Error Costs
A single mismatched SSN or incorrectly entered wage amount can mean filing Form W-2c with the SSA, furnishing a corrected copy to the employee, and facing potential penalty exposure under two separate provisions, before accounting for the staff time required to investigate and correct the error.Read More -
September 22, 20261099 Filing Statistics for 2026
The 2026 filing season (for tax year 2025) is the final season before the $600 threshold applicable to certain Forms 1099-NEC and 1099-MISC payments increases to $2,000. That threshold rises to $2,000 starting with tax year 2026 payments, reported in the 2027 filing season.Read More -
September 21, 2026
IRS IRIS Transition: What Core, Performance, and Premier Customers Need to Know
The IRS is modernizing information return filing by replacing the Filing Information Returns Electronically (FIRE) system with the Information Returns Intake System (IRIS). Beginning with Filing Tax Year 2026 (forms filed in 2027), information returns submitted through Yearli will be processed through the IRS's newer modernized IRIS platform.Read More -
September 9, 20261099 Filing Deadlines for Tax Year 2026
As the 2026 tax year comes to a close, businesses face a short filing window for W-2, 1099, and 1095 forms. These forms cover wage reporting, contractor and vendor payments, and health coverage reporting, and federal agencies expect them on time.Read More -
November 12, 2024State of the Filing Season: What Businesses Need to Know
From filing deadlines, to increased reporting requirements, to new e-filing thresholds, keeping pace with the changes and understanding the potential tax implications is no small feat.Read More -
September 21, 2024IRS Penalties on Businesses to Increase in 2024
Businesses are gearing up for a busy W-2, 1099 & 1095 filing season in the months ahead, navigating through an accelerated reporting season and getting re-acquainted with specific state and federal requirements.Read More
