How Did the 1099 Get Automatically Filed in 2025?

In 2025, taxpayers and businesses alike saw a significant shift in how 1099 forms are handled. The tax season has always been a stressful time, especially for freelancers, independent contractors, and small businesses that rely on 1099 forms for reporting income. But in a groundbreaking move, the Internal Revenue Service (IRS) and various financial institutions have worked together to simplify the filing process.