IRS Update - Phase 2 of the Information Returns (IR) Application for TCC Transition.
Hello all.
If you are like us, you got your TCC number many moons ago. If I read below "Update-Phase 2...." correctly, the IRS is now requiring ALL users with TCC numbers recieved prior the September 26, 2022 to take action. Looks like 2022 processing is good, BUT, customers must "re-certify" (that's my term) their TCC information in order to process 2023.
I'm I looking at this right?
Has anyone started working on this?
Thank you
This is the information from IRS.gov.
Update - Phase 2 of the Information Returns (IR) Application for Transmitter Control Code (TCC) Transition
The IRS is continuing its transition to the new Information Returns TCC (IR-TCC) Application for Filing Information Returns Electronically (FIRE) for customers who received their TCC(s) prior to September 26, 2021. Customers must take action to keep their existing TCCs active.