Release Notes

Note: This is the early release for tax year 2025.


New and improved:

  • We updated all 2025 tax forms and instructions with IRS changes.
  • We updated all business rules and custom queries for 2025 form fields.
  • We added all 2025 sample import files and Excel data shells.
  • We updated all reports for 2025 tax form changes.
  • We updated all help files for 2025.


Notable form changes:

  • New Box 7d checkbox: Check if you are a qualified intermediary, withholding foreign partnership, or withholding foreign trust revising its reporting on Form 1042-S to report to a specific recipient.


Download v2025.08.01

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