The ea ly ope i g gives busi esses, accou ti g fi ms, a d tax p ofessio als mo e time to p epa e ecipie t eco ds, validate taxpaye i fo matio , a d eview etu s befo e the 2027 fili g seaso . With cha ges to IRS elect o ic fili g systems a d epo ti g equi eme ts app oachi g, o ga izatio s ca begi thei epo ti g ow i stead of co ce t ati g o these tasks i Ja ua y.
The IRS is switchi g f om the
Havi g suppo ted IRIS fili g si ce the system’s ollout, Tax1099 co ti ues to facilitate the elect o ic fili g of applicable tax yea 2026 i fo matio etu s th ough IRIS, while also helpi g file s assess thei eadi ess with its IRIS Readi ess Checke .
Alo g with aci g the FIRE-to-IRIS t a sitio , Tax1099 has also expa ded its fo m cove age fo mo e i fo matio – epo ti g a d elated tax complia ce eeds fo the 2026 tax yea .
This i cludes fo ms such as
Fo m 1098-VLI- Vehicle Loa I te est Stateme t A ew i fo matio etu fo epo ti g ce tai i te est eceived o qualified passe ge vehicle loa s.Fo m 1099-LPS – Lo g-Te m Ca e P emiums Paid Stateme t Suppo ts epo ti g fo qualifyi g lo g-te m ca e i su a ce p emium payme ts.Fo m 1099-CAP – Cha ges i Co po ate Co t ol a d Capital St uctu e Used whe sha eholde s eceive cash, stock, o othe p ope ty followi g a acquisitio of co t ol o a substa tial cha ge i a co po atio ‘s capital st uctu e.Fo m 1099-DA – Digital Asset P oceeds F om B oke T a sactio s Used to epo t sales, excha ges, a d dispositio s of digital assets like c yptocu e cies, o -fu gible toke s (NFTs), a d stablecoi s.Fo m 945 X – Adjusted A ual Retu of Withheld Fede al I come Tax o Claim fo Refu d Used to co ect admi ist ative e o s o a p eviously filed Fo m 945 (A ual Retu of Withheld Fede al I come Tax).Fo m W-9S –Request fo Stude t’s o Bo owe ‘s Taxpaye Ide tificatio Numbe a d Ce tificatio
Used to co fi m a pe so ‘s o busi ess’s co ect Taxpaye Ide tificatio Numbe (TIN) a d ame fo i come epo ti g.
The 2026 tax yea also b i gs epo ti g cha ges that busi esses should keep i mi d whe p epa i g thei yea -e d etu s.
Fo tax yea s begi i g afte 2025, the mi imum epo ti g th eshold fo ce tai i fo matio – etu payme ts i c eases to
Fo example, busi esses ge e ally file Fo m 1099-NEC fo o employee compe satio of at least $2,000 du i g the 2026 tax yea , subject to applicable epo ti g ules.
The cha ge makes it impo ta t fo busi esses to eview thei co t acto , ve do , a d othe payme t eco ds usi g the updated 2026 epo ti g equi eme ts athe tha elyi g o p io -yea th esholds.
The W-2 Fo m 2026 also i t oduces ew epo ti g fields elated to ece t fede al tax cha ges. This i cludes epo ti g fo
Employe s a d pay oll teams should eview these cha ges as they p epa e 2026 employee wage stateme ts.
I fo matio – etu fili g seaso is o e of the busiest complia ce pe iods of the yea , especially fo o ga izatio s with la ge ecipie t volumes.
P e-fili g ea ly allows Tax1099 use s additio al time to o ga ize thei data a d ide tify pote tial issues befo e deadli es app oach.
Use s ca use the p e-fili g pe iod to:
- Impo t fili g data ea ly
- O ga ize ecipie t a d employee eco ds
- Review fili g i fo matio a d ide tify a y i co siste cies
- Complete TIN ve ificatio a d data-validatio wo kflows
- Review fo ms befo e submissio
- P epa e fili gs ac oss multiple busi esses
Sta ti g ea lie ca p eve t co ce t ati g data p epa atio , ve ificatio , a d fili g activities i the fi al weeks befo e the IRS 1099 deadli e 2027. Tax1099 p ovides busi esses, accou ti g fi ms, a d tax p ofessio als with a ce t alized wo kflow fo p epa i g a d ma agi g yea -e d epo ti g.
With featu es commo ly expected f om the best 1099 softwa e, i cludi g bulk fili g, TIN ve ificatio , fede al a d state fili g, a d fili g status t acki g, Tax1099 helps o ga izatio s ma age i fo matio etu s f om p e-fili g to post-fili g obligatio s.
Bulk Data Impo t Upload tax i fo matio fo multiple ecipie ts.TIN Ve ificatio a d Data Validatio Review taxpaye i fo matio a d ide tify pote tial disc epa cies.Fede al a d State Fili g Ma age applicable fede al a d state fili g equi eme ts th ough o e platfo m.Recipie t a d Employee Copy Delive y Ma age equi ed tax-fo m copies fo ecipie ts a d employees.Multi-Busi ess a d Multi-Clie t Ma ageme t Help use s o ga ize fili gs ac oss multiple clie ts.Fili g Status T acki g T ack submitted etu s a d mo ito fili g status f om a ce t alized dashboa d.API a d I teg atio Capabilities E able e te p ises, pay oll p ovide s, a d high-volume file s to i teg ate i fo matio – etu fili g i to existi g wo kflows.
Fo 2026,
Othe etu s may have diffe e t fede al, state, a d ecipie t deadli es based o the fo m a d fili g equi eme ts.
Tax1099, a IRS-autho ized e-fili g se vice, simplifies tax complia ce fo ove 750,000 busi esses a d 70,000 CPA fi ms atio wide. Suppo ti g 40+ fede al a d state-complia t fo ms, i cludi g Fo m 941, Tax1099 offe s obust featu es like bulk fili g, TIN matchi g, API i teg atio , a d 24/7 suppo t. Backed by ove 10 yea s of expe ie ce i tax p ocessi g a d custome se vice, the platfo m offe s a suite of capabilities to suit dive se eeds. Lea mo e at www.tax1099.com
Lea mo e about Ze wo k I c. a d its p oducts at www.ze wo k.com , www.tax1099.com, a d www.complia cely.com
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