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How to prepare for 2025 IRS reporting updates

Summary by regtechanalyst.com
As the 2025 tax reporting season approaches, financial institutions are preparing for one of the most significant updates in recent years to the IRS’s information reporting framework. The U.S. tax authority has released updated versions of Publication 1220 and Publication 1187, which provide detailed guidance for electronic filing of key information returns such as Forms 1099 and 1042-S, claims TAINA Technology. The latest changes form part of t…
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regtechanalyst.comregtechanalyst.com

How to prepare for 2025 IRS reporting updates

As the 2025 tax reporting season approaches, financial institutions are preparing for one of the most significant updates in recent years to the IRS’s information reporting framework. The U.S. tax authority has released updated versions of Publication 1220 and Publication 1187, which provide detailed guidance for electronic filing of key information returns such as Forms 1099 and 1042-S, claims TAINA Technology. The latest changes form part of t…

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regtechanalyst.com broke the news in on Monday, October 20, 2025.
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