The IRIS Reality Check

Explore the technical shift from FIRE flat files to IRIS XML, including new data structures, validation requirements, testing considerations, and dual-format reporting.

Explore the timeline, requirements, and risks surrounding the FIRE sunset and what the move to IRIS means for information return filing.

Learn how the move to IRIS changes 1099 validation and correction workflows, along with key actions reporting teams can take to prepare for the transition.

Get familiar with IRIS and its key differences from FIRE, including XML formatting, validation, filing statuses, name requirements, and IRS response files.

See how IRIS reshapes 1099 operations through near real-time validation, new data requirements, tighter controls, and greater coordination across reporting teams.

Weigh the technology, resource, and compliance considerations involved in rebuilding an existing reporting system versus adopting an established solution for IRIS.

Get an overview of the FIRE sunset, key differences between FIRE and IRIS, and the technical and operational considerations organizations should address as they prepare to transition.

Evaluate the technical, operational and compliance considerations behind building versus buying — and determine which approach can best support your organization beyond the FIRE sunset.

Assess your organization’s FIRE-to-IRIS readiness across data, technology, state filing, correction workflows, and more — then get prioritized actions based on your results.

Examine the development, maintenance, testing, and regulatory demands of keeping legacy 1099 reporting infrastructure compliant as filing requirements evolve.

See how IRIS validation and new filing statuses change the way teams identify, resolve, and resubmit errors—and what that could mean for filing workflows and deadlines.