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A Message From Our Team
Happy October! 🎃 Fall into our latest batch of updates designed to make managing your financial institution even smoother. This month, we're excited to highlight new features for the Banno Support app case queue, seamless browser-based key generation for developers, the launch of our new Origination Pilot & Beta Hub for lending and deposits, and so much more. Dive in below to see what's new!
IRS Electronic Filing is Changing: Be Ready
Beginning with Tax Year 2026 filings (submitted in calendar year 2027), the IRS will retire its legacy Filing Information Returns Electronically (FIRE) system and replace it with the Information Returns Intake System (IRIS). This change affects all financial institutions that file information returns such as forms 1099, 1098, 1042-S, and 5498.
These changes are part of the IRS’s broader effort to improve data accuracy, security, and processing efficiency for information returns.
How Jack Henry Is Supporting You
Jack Henry is actively preparing for the IRIS transition and offers flexible options depending on how your financial institution files today. To help you understand what’s required and what steps to take next, we’ve assembled a helpful list of frequently asked questions.
View Our IRS Filing Conversion Resource Center
To help keep you informed, we’ve created a resource site on the For Clients portal that you can bookmark for convenience. We’ll be planning a webinar in the month of June to provide you with an opportunity to hear from our experts and get help with your planning. Watch for the upcoming announcement and make plans to join us!
