The Importance of Track 1099 for Tax Preparers

It's all based on that EIN. So if you file some and somebody else file some and then a third person file some, it doesn't really matter if it was 8, 8 and 8,. You're still over and it needs to all be done electronically. The IRS has, what's it called? Iris that used to replace fire or something like that. Well, fire is used for tax preparers to do it in bulk. Then Iris is used for business owners or tax preparers. Both of them require you to get a new TCC, which means you got to have an ID me account.

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