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5 IRS developments to watch in 2024 | Accounting Today

5 IRS developments to watch in 2024 | Accounting Today
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Action Required: Share Transfers Pursuant to ISO Exercises and ESPP Purchases | Wilson Sonsini Goodrich & Rosati

Companies frequently grant tax-advantaged incentive stock options (ISOs) or sponsor a tax-advantaged employee stock purchase plan (an ESPP) to provide tax-advantaged equity incentives.

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IRS opens online portal where businesses can file 1099 forms

The service unveiled a long-awaited online portal where businesses will be able to file their 1099 information returns for free.

United statesMike maltbyDoug odonnellWally adeyemoJason smithAl drago bloombergKyle kampschroerRevenue serviceMeans committeeInternal revenue serviceReturns intake systemDougo donnellFiling information returns electronicallyAmerican rescue plan actInflation reduction actTreasury deputy secretary wally adeyemo

IRS opens online portal where businesses can file 1099 forms

The Internal Revenue Service unveiled a long-awaited online portal where businesses will be able to file their 1099 information returns for free.

United statesMike maltbyDoug odonnellJason smithAl drago bloombergKyle kampschroerRevenue serviceMeans committeeInternal revenue serviceReturns intake systemDougo donnellFiling information returns electronicallyAmerican rescue plan actHouse republicansHouse waysTax tools