Comply Connect – November 2023 – Issue 6
Providing Monthly Headlines, Key Reminders, Trending Monthly Topics Read Now With all of our client’s knee-deep in reporting preparation, it is important to consider any
November 30, 2023
Who is Comply Exchange?
Comply Exchange has been established and serving clients since 2009. With compliance solutions in place for Chapter 61, Chapter 3, FATCA, CRS and the OECD’s AEoI, our automated and intuitive tax solutions will help you achieve timely and accurate regulatory compliance.
Collection
Through our eForms software, you can electronically submit Forms W-8, W-9, and Self-Certifications, which are validated in real time according to the latest IRS and OECD guidelines.
Validation
In order to verify the validity of forms, they are run through a rigorous ruleset using the most recent IRS guidelines.
Reporting
An in suite comprehensive and configurable range of reports, including distribution statements, 1042-S and 1099 reporting, FATCA, and CRS reporting. Reports can be extracted with ease directly from the application.
DOCUMENT REPOSITORY
With the Comply hosted tax software solution, we act as your document repository securely storing and maintaining your tax documents.
Data Collection
Collect IRS Forms W-8, W-9, 8233 and Self-Certifications electronically, with guidance and validations in place. Automated paper form solutions are available using Comply’s upload portal.
TAX FORM VALIDATION
Automate tax form validation with Comply’s first in class, award winning rules set engine with line-by-line validations, monitoring for changes in circumstance and form expiration.
WITHHOLDING RATE CALCULATION
In suite withholding rate generator built into the Administration application, utilizing the latest rates applicable for backup withholding and in the current U.S. tax treaties.
REPORTING capabilities
An in suite comprehensive and configurable range of reports, including distribution statements, 1042-S and 1099 reporting, FATCA, and CRS reporting. Reports can be extracted with ease directly from the application.
API Capability
Enhanced API capabilities allow for a personalized and seamless customer experience, while allowing the push and pull of data with ease.
Data Collection
Electronically collect IRS Forms W-8, W-9, 8233 and Self-Certifications. Collect electronically, with guidance and validations in place, or collect paper forms with ease using Comply’s upload portal.
Tax Form Validation
Automate tax form validation with Comply’s first in class, award winning rules set engine with line-by-line validations, monitoring for changes of circumstance and form expiration.
Reporting
An in suite comprehensive and configurable range of reports, including distribution statements, 1042-S and 1099 reporting, FATCA, and CRS reporting. Reports can be extracted with ease directly from the application.
Api capability
Enhanced API capabilities allow for a personalized and seamless customer experience, while allowing the push and pull of data with ease.
Document repository
With the Comply hosted tax software solution, we act as your document repository securely storing and maintaining your tax documents.
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eForm Valid on Recipt
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OCR & Validate Form W-9
The Power of Comply Exchange
With complex and ever-evolving regulations, staying on top of your tax compliance requirements can be challenging. Comply Exchange’s award-winning Tax Compliance Solutions are here to help.
With AI-inspired technology, automating your compliance needs has never been so simple.
Proudly Partnered With
The Comply Exchange Ecosystem
Comply Admin
A highly configurable, secure and scalable document repository for storing, maintaining and validating tax forms with in-suite withholding rate calculations, structure setup and allocations, and reporting.
Find out more Comply eForms
An online, interactive onboarding tool to electronically collect IRS Forms W-8, W-9, 8233 and self-certificates, together with real-time validation leveraging the latest IRS guidelines.
Find out more Comply Wallet
Our Document Wallet increases accessibility and mobility of user’s who are required to submit the same complex tax documents to multiple recipients. Streamline this process and pass your document securely, wherever it needs to go.
Find out more Comply Pro
Comply’s comprehensive Training and Support Hub includes a number of training courses and resources specific to information reporting and withholding with material that is regularly released, including monthly tax technical news and updates
Find out more Managed Services
Managed by our Subject Matter Experts here at Comply, we offer a fully functional back-office facility to take on the day-to-day tasks that are weighing your team down.
Find out more Industry News
Forms W-8 and Affidavits of Unchanged Status
IRS withholding certificates, such as Forms W-8, are critical to documenting your payees and further understanding who you are paying. Forms W-8 provide information about
November 14, 2023
Sovos Comply & Connect 2023 Key Takeaways
The Comply and Connect Reporting Summit hosted by Sovos brought together tax professionals, compliance experts, and industry leaders to discuss information on emerging trends in
November 7, 2023
Comply Admin
A highly configurable, secure, and scalable document repository for storing, maintaining, and validating tax forms with in-suite withholding rate calculations, structure setup and allocations, and reporting.
Comply eforms
An online, interactive onboarding tool to electronically collect IRS Forms W-8, W-9, 8233 and self-certificates, together with real-time validation leveraging the latest IRS guidelines.
Comply wallet
Our Document Wallet increases accessibility and mobility of user’s who are required to submit the same complex tax documents to multiple recipients. Streamline this process and pass your document securely, wherever it needs to go.
Comply pro
Comply’s comprehensive Training and Support Hub includes a number of training courses and resources specific to information reporting and withholding with material that is regularly released, including monthly tax technical news and updates.
managed services
Managed by our Subject Matter Experts here at Comply, we offer a fully functional back-office facility to take on the day-to-day tasks that are weighing your team down.
Contact Us
If you have any questions or are interested in hearing how we can help your business automate, reach out today! A member of the team will be happy to speak with you or arrange a demo for a time that’s convenient.
