We will be attending Comply and Connect 2023 hosted by Sovos. Save the date for the industry’s premier conference for information on emerging trends in tax, regulatory reporting and compliance. Join us from October 23-25 at the Hyatt Regency Austin in Austin, TX for the… Read More »We’re attending Comply and Connect 2023
The IRS released Issue Number 2023-13 alerting Qualified Intermediaries (QI) (including Qualified Derivatives Dealers), Withholding Foreign Partnerships (WP) and Withholding Foreign Trusts (WT) of the application deadline for the 2023 year. All applicants wishing to have an agreement in effect for 2023 must submit their… Read More »QI (including QDD), WP, WT Application Deadline for 2023
On August 17, the IRS released revised 2023 Instructions for Form 1042-S. Specific updates are made to the following pages with respect to PTPs: Page 12, the 2nd tip under Publicly Traded Partnerships should read: Page 33, the note under Boxes 16a Through 16e, Payer’s Name,… Read More »Revised 2023 Instructions for Form 1042-S
On August 2, 2023, the IRS released the 2024 version of the draft Form 1099-B, Proceeds From Broker and Barter Exchange Transactions. You can view the 2024 version here: https://www.irs.gov/pub/irs-dft/f1099b–dft.pdf Follow Comply Exchange for industry updates and subscribe to the Comply Connect for a full industry round-up at the… Read More »2024 Form 1099-B – Draft
On July 26, the IRS released a draft version of the Form W-9 (Rev. October 2023). There are several changes to the form, notably: The draft version of the Form W-9 and instructions can be found here. Follow Comply Exchange for industry updates and subscribe to the Comply Connect… Read More »New Draft Form W-9
Comply Exchange is excited to announce our sponsorship of the upcoming 2023 International Tax Withholding and Information Reporting Conference hosted by Kaplan! Join us from June 6th to 8th at the Westin Grand Central in New York for this enlightening event, where you will have… Read More »Kaplan International Tax Withholding & Information Reporting Conference
We’re excited to announce our sponsorship of the 2023 Tax Reporting & Withholding Conference! During the event, you’ll have the opportunity to meet with our team and learn how to use the various components of the Comply Wallet, including downloading all conference related materials and… Read More »We’re Sponsoring the 2023 Tax Reporting & Withholding Conference!
We released a brand new version of www.complyexchange.com that will make your online experience even better! Our new website includes several new features so that you can learn all about the Comply Ecosystem. With AI-inspired tax technology, automating your compliance needs has never been so simple.… Read More »Check Out Our New Website Updates Today!
Are you interested in learning more about how upfront W-8 collection and validation can lead to easier and more accurate 1042-S reporting? Check out a recap of our joint session with Sovos where Wendy Walker and Jessica Metts discuss how tax documents, like W8s, play… Read More »The Role That W-8 Collection Plays in 1042-S Reporting
On February 28, 2023, the IRS released IRS Tax Tip 2023-25, “What to do when a W-2 or Form 1099 is missing or incorrect”. This is a practical guide for taxpayers on the appropriate steps to obtain and review all necessary documentation prior to filing… Read More »How to handle a missing or incorrect W-2 or Form 1099