AI in Information Reporting: Practical Strategies for Forms 1099 and 1042

As artificial intelligence tools become increasingly accessible, tax and finance professionals are finding new ways to streamline complex reporting processes, including the often-time-consuming work of managing Form 1099 and Form 1042 compliance. This session will explore how AI can be thoughtfully incorporated into your information reporting workflow, from improving data accuracy to navigating the nuances of IRS guidance.

Attendees will walk away with practical, hands-on strategies they can begin applying right away. Topics will include key considerations for evaluating and using AI tools responsibly, approaches to strengthening data mapping so fewer errors slip through, and techniques for using Excel macros to review and validate data more efficiently. We'll also cover how to leverage existing IRS guidance to support accurate, defensible reporting decisions.

Whether you're just starting to explore AI in your reporting process or looking to build on what you already have in place, this session is designed to meet you where you are and give you tools to move forward with confidence.

Colin Brien
Founder, InfoReporting Solutions

Colin Brien is an attorney with an LL.M. in Taxation and more than 20 years of experience advising organizations on U.S. information reporting and withholding requirements. During his career in Big Four public accounting, he advised large financial institutions, including private equity and asset management firms, before expanding his focus to non-financial businesses navigating Forms 1099 and 1042 reporting obligations.

Colin is the founder of InfoReporting Solutions, where he advises organizations on information reporting compliance, reporting process design, and IRS controversy matters.

Grace Berube
Senior Content Manager, IOFM

Grace is the Senior Content Manager at the Institute of Finance & Management (IOFM), where she has led content strategy and development since 2022. In this role, she oversees all aspects of IOFM’s digital and event-based content, ensuring it remains timely, relevant, and actionable for all financial operations professionals.

Grace manages IOFM’s robust library of site content, leads the organization’s editorial and member webinar programming, and hosts IOFM’s podcast series. She also oversees a team of subject matter experts who contribute thought leadership and educational articles. In addition, Grace curates and manages all speaker content for IOFM’s in-person and virtual events, ensuring consistency and quality across every touchpoint. With over three years in the role, Grace brings a deep understanding of the financial operations landscape and a passion for delivering content that empowers professionals to excel in their roles.