Trending...
- Mesa Honors Veterans with Parade Nov. 11
- OncoBeta Introduces Rhenium-SCT for Non-Melanoma Skin Cancer at Theageneio Cancer Hospital of Thessaloniki
- Rent a Truck or Hire Movers? New Data Shows Fuel Now Makes Up to 40% of DIY Moving Costs
New guidance highlights the connection between Vendor Master governance, information reporting readiness, and evolving IRS filing requirements
PORT ST. LUCIE, Fla. - Arizonar -- RAS AP Consulting, a leading advisory firm specializing in Accounts Payable Governance, Vendor Master Management, and Information Reporting Compliance, today announced its new educational resource, "1099 Compliance Starts in the Vendor Master File," to help organizations prepare for major changes affecting information return reporting and filing.
The educational initiative comes as organizations prepare to retire the IRS Filing Information Returns Electronically (FIRE) system and transition to the Information Returns Intake System (IRIS). The IRS announced that November 19, 2026, will be the final day to file information returns through the FIRE system, requiring current FIRE users to transition to IRIS beginning with the 2027 filing season.
In addition to system changes, organizations must navigate new IRIS Transmitter Control Code (TCC) requirements, application timelines that may take up to 45 days, and reporting threshold changes affecting certain information returns.
According to RAS AP Consulting, many organizations still treat 1099 compliance as a year-end filing exercise rather than an enterprise data governance initiative.
"Many filing issues begin long before forms are submitted," said Rosemarie A. Smith, BSBA, Founder and CEO of RAS AP Consulting, a certified 1099 and 1042‑S Information Reporting professional with more than 30 years of experience in Accounts Payable operations, supplier governance, and compliance. "Missing W-9S, inaccurate taxpayer information, duplicate vendor records, and weak onboarding controls can all create unnecessary compliance risk. The transition from FIRE to IRIS serves as an important reminder that information reporting begins with strong Vendor Master governance."
More on The Arizonar
LinkedIn carousel: https://lnkd.in/p/etsiKA28
The firm's new educational LinkedIn carousel outlines key considerations for AP, Tax, Procurement, Shared Services, and Finance leaders, including:
The campaign reinforces a core principle promoted by RAS AP Consulting:
"1099 compliance starts in the Vendor Master File, not at filing time."
The firm believes organizations that proactively evaluate supplier data quality, tax documentation processes, and Vendor Master controls before reporting season will be better positioned to reduce compliance risk, improve information reporting accuracy, and support successful year-end filing initiatives.
As part of the initiative, RAS AP Consulting is offering complimentary readiness discussions focused on Vendor Master integrity, taxpayer data validation, IRIS preparedness, and AP Governance best practices.
About Rosemarie A. Smith
Rosemarie A. Smith, BSBA, is the Founder and CEO of RAS AP Consulting and a recognized Accounts Payable Governance professional with more than three decades of experience in Accounts Payable operations, supplier governance, information reporting compliance, internal controls, and AP transformation. Smith holds professional certifications in both 1099 Information Reporting and 1042-S Information Reporting and has led compliance, supplier governance, and AP modernization initiatives across multiple industries throughout her career.
More on The Arizonar
About RAS AP Consulting
RAS AP Consulting is a Florida-based advisory firm specializing in Accounts Payable Governance, Vendor Master Management, Information Reporting Compliance, AP Transformation, and Supplier Lifecycle Governance. The firm helps organizations strengthen controls, reduce compliance risk, improve supplier data integrity, and modernize AP operations through practical governance frameworks and operational excellence initiatives.
Media Contact
Rosemarie A. Smith, BSBA
Founder & CEO
RAS AP Consulting™
Port St. Lucie, Florida
AP Governance | Vendor Master Management | 1099 & 1042-S Compliance
The educational initiative comes as organizations prepare to retire the IRS Filing Information Returns Electronically (FIRE) system and transition to the Information Returns Intake System (IRIS). The IRS announced that November 19, 2026, will be the final day to file information returns through the FIRE system, requiring current FIRE users to transition to IRIS beginning with the 2027 filing season.
In addition to system changes, organizations must navigate new IRIS Transmitter Control Code (TCC) requirements, application timelines that may take up to 45 days, and reporting threshold changes affecting certain information returns.
According to RAS AP Consulting, many organizations still treat 1099 compliance as a year-end filing exercise rather than an enterprise data governance initiative.
"Many filing issues begin long before forms are submitted," said Rosemarie A. Smith, BSBA, Founder and CEO of RAS AP Consulting, a certified 1099 and 1042‑S Information Reporting professional with more than 30 years of experience in Accounts Payable operations, supplier governance, and compliance. "Missing W-9S, inaccurate taxpayer information, duplicate vendor records, and weak onboarding controls can all create unnecessary compliance risk. The transition from FIRE to IRIS serves as an important reminder that information reporting begins with strong Vendor Master governance."
More on The Arizonar
- Shumway Dental Care Addresses Cosmetic Dentistry Needs in Chandler, AZ
- Jamie Foxx's SKVLK Fest Sets the Record Straight on Stabbing Reports Following Star-Studded Celebration
- Andrew Balzano Releases One of My Life's Passions: Classics and Mysteries, a Fan's Guide to Great Mysteries Worth Rewatching
- The Taco Spot Builds on Incredible 2026
- Coming Up on Fox Business: Financial Innovator Steve Hutchinson Is on a Mission to Transform Retirement Planning with Roth Blueprint
LinkedIn carousel: https://lnkd.in/p/etsiKA28
The firm's new educational LinkedIn carousel outlines key considerations for AP, Tax, Procurement, Shared Services, and Finance leaders, including:
- FIRE-to-IRIS transition requirements
- Critical IRS filing deadlines
- IRIS TCC application requirements
- Reporting threshold changes for certain information returns
- Vendor Master File governance leading practices
- W-9 and TIN validation readiness
- AP Governance considerations for year-end compliance
The campaign reinforces a core principle promoted by RAS AP Consulting:
"1099 compliance starts in the Vendor Master File, not at filing time."
The firm believes organizations that proactively evaluate supplier data quality, tax documentation processes, and Vendor Master controls before reporting season will be better positioned to reduce compliance risk, improve information reporting accuracy, and support successful year-end filing initiatives.
As part of the initiative, RAS AP Consulting is offering complimentary readiness discussions focused on Vendor Master integrity, taxpayer data validation, IRIS preparedness, and AP Governance best practices.
About Rosemarie A. Smith
Rosemarie A. Smith, BSBA, is the Founder and CEO of RAS AP Consulting and a recognized Accounts Payable Governance professional with more than three decades of experience in Accounts Payable operations, supplier governance, information reporting compliance, internal controls, and AP transformation. Smith holds professional certifications in both 1099 Information Reporting and 1042-S Information Reporting and has led compliance, supplier governance, and AP modernization initiatives across multiple industries throughout her career.
More on The Arizonar
- PODS Tucson Partners with 94.9 MIXfm, Bashas' for 23rd Annual Holiday Harvest Food Drive
- Arizona Technology Council Elects Raytheon and Western Alliance Bank Leaders to Board of Directors
- The 4th Annual Newark Summit for Economic Development, Placemaking & Innovation Returns on December 8th
- Romanian Software Company ASSIST Software Ranks Second Nationally Among Large Enterprises in Its Category
- HIRO Ostomy Belt Launch by Richard O'Hamill
About RAS AP Consulting
RAS AP Consulting is a Florida-based advisory firm specializing in Accounts Payable Governance, Vendor Master Management, Information Reporting Compliance, AP Transformation, and Supplier Lifecycle Governance. The firm helps organizations strengthen controls, reduce compliance risk, improve supplier data integrity, and modernize AP operations through practical governance frameworks and operational excellence initiatives.
Media Contact
Rosemarie A. Smith, BSBA
Founder & CEO
RAS AP Consulting™
Port St. Lucie, Florida
AP Governance | Vendor Master Management | 1099 & 1042-S Compliance
Source: RAS AP Consulting LLC
0 Comments
Latest on The Arizonar
- PropAccount.com Launches PropWallet, Turning Prop Firm Payouts Into Repeat Sales
- Mesa Honors Veterans with Parade Nov. 11
- KOLBUS America, For All Of Your Hycorr Equipment And Service Needs
- Arizona Technology Council and Arizona Commerce Authority Announce Winners and Finalists for GCOI 2026
- Heritage at Hopewell Announces New 3.875% Year-One Mortgage Rate Buydown Incentive on Quick Delivery Townhomes (7.11% APR)
- New TROP2 Research Breakthrough Strengthens REQORSA® Gene Therapy Story as Roche Collaboration Advances Precision Lung Cancer Treatment: Genprex, Inc
- Scottsdale Philharmonic Emerges as Phoenix's Most Active Symphony Orchestra
- Rent a Truck or Hire Movers? New Data Shows Fuel Now Makes Up to 40% of DIY Moving Costs
- The Movie Guys Co-Founder Rodrigo Martinez Brings Big-Screen Production Quality to Mini Dramas
- Club Wyndham Research Identifies the "Holiday Rewind Effect": 93% of Parents Recreate Their Own Childhood Holidays for Their Kids
- Free SafeOrStolen App Lets Buyers and Sellers Check if a Used Phone, Car, Gun or Bike Is Stolen
- IEI Rugged IP66 Panel PC Brings Real-Time Visibility to Heavy-Duty Mining Fleets
- FDA Approval; Major Milestone for Preservative-Free Ketamine Ahead of FDA Goal Date for Treatment of Suicidal Depression by NRx Pharmaceuticals, Inc
- Building a Technology Powerhouse-From AI Drones and Global Acquisitions to Defense, Enterprise Software and the Future of Autonomous Operations $ZENA
- The Movie Guys To Executive Produce Upcoming Robinson Cano Sports Documentary, Directed By Jessy
- Shelter Structures America backs MATRA Second Life Project to turn retired tent vinyl into homes for displaced families
- P-Wave Press Announces Becoming Dad: Reflections for New Fathers by L. A. Davenport
- Logicraft Launches FuelDeck™, AI That Turns Aviation Fuel Tickets Into One Traceable Ledger
- Inaugural OC Tech Week Draws 3,000 From 12 Countries, Sends Finalist to $1M Startup World Cup
- Award-Winning American Hotelier Opens Art-Filled Luxury Cottage in Norfolk, England
