Information Returns Modernization (IR Mod) formerly Business Services
Investment ID: 015-000200351
Overview
Program Title
Information Returns Modernization (IR Mod) formerly Business Services
Description
Information Returns Mod (IR Mod) program will transform and modernize end-to-end IR pipeline, improving data while enabling technological advancement within IRS. This will enhance compliance and enforcement activities and help close the tax gap by increasing processing efficiency, retiring legacy IR systems and expanding self-service capabilities to taxpayers. Initial release of IR Mod (R1) will be delivered for filing season 23 to meet the legislatively mandated date set by TFA Provision 2102. R1 includes deployment of a Cloud-based multi-channel intake interface for 1099 Form Family and downstream modernization that lays the foundation for future releases. IR Mod will provide a simple and secure manner for small businesses (sm bus) and form transmitters to file critical IRs electronically through an online business services platform. This platform will enable sm bus to prepare and file information returns online while preparing payee statements and creating business records.
Type of Program
Major IT Investments
Multi-Agency Category
Not Applicable
Investment Detail
Successful delivery of the current and future Information Return (IR) Modernization (Mod) Program releases will enable the retirement of eight intake/auxiliary IR systems and supports achieving the Enterprise-wide goals of footprint reduction, increased resiliency, enhanced security, and alignment to other Enterprise Strategies. This effort will modernize three major downstream and post-filing processes, including certain existing compliance systems, Business Analytics and Reporting, and improved access to tax return data.