The IRS has confirmed the retirement of the long-standing FIRE system, ushering in a new era of information return filing through IRIS. After serving as the backbone of electronic tax reporting since the 1980s, this significant change will reshape how organizations approach information return filing.
Join Sovos tax experts for a deep dive into what this transition means for your business. We’ll break down the timeline, requirements, and risks while offering practical guidance to ensure a smooth move to IRIS.