Updates

IRS Updates Guidance on Filing Forms Electronically

08/14/2012


August 14, 2012 – The IRS has issued Revenue Procedure 2012-30 providing information on updating financial organization or service provider procedures for the electronic filing of information returns under the IRS Filing Information Returns Electronically (FIRE) System. This includes such information returns as those in the Forms 1099 and 5498 series for IRAs, IRA-based retirement plans, health savings accounts, Coverdell education savings accounts, and certain transactions associated with qualified retirement plans.

Revenue Procedure 2012-30 may be accessed as follows.

http://www.irs.gov/irb/2012-33_IRB/ar06.html



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