Welcome to Comply Exchange, your premier destination for staying abreast of the latest developments in information reporting and withholding news. From CRS headlines to IRS updates, DAC7 bulletins, and everything in between, our platform serves as your one-stop resource for all things related to information reporting and withholding. Whether you’re a seasoned professional or new to the field, our extensive coverage caters to all levels of expertise, offering valuable insights and analysis to help you stay ahead of the curve.
Welcome to Comply Exchange, your premier destination for staying abreast of the latest developments in information reporting and withholding news.
From CRS headlines to IRS updates, DAC7 bulletins, and everything in between, our platform serves as your one-stop resource for all things related to information reporting and withholding. Whether you’re a seasoned professional or new to the field, our extensive coverage caters to all levels of expertise, offering valuable insights and analysis to help you stay ahead of the curve.
On February 2, 2022, the Internal Revenue Service (IRS) provided taxpayers with a crucial resource by posting Publication 519, the “U.S. Tax Guide for Aliens,” tailored
Over the last few months, a number of jurisdictions have been reviewing, adjusting, and publishing new guidance regarding Automatic Exchange of Information (AEoI) as a way
On December 16, 2021, the IRS published DRAFT 2022 General Instructions for Certain Information Returns (Forms 1096, 1097, 1098, 1099, 3921, 3922, 5498, and W-2G).
On November 17, 2021, the Organisation for Economic Cooperation and Development (OECD) unveiled its highly anticipated 2021 Peer Review of the Automatic Exchange of Financial …
Understand the implications of for brokers and digital assets to report to Internal Revenue Service (IRS) that have been mandated by the $1.2 trillion Infrastructure and
On October 19, 2021, the Cayman Department of International Taxation (DITC) posted an Updates Bulletin. In it, they discuss communicating with the DITC, a Compliance Update,
Payors and withholding agents that are required to furnish a written statement to a recipient and would like to do so electronically instead of on paper
On September 27, 2021, the Internal Revenue Service (IRS) unveiled the latest edition of Publication 1220, which outlines the Specifications for Electronic Filing of Forms 1097,
During the offseason it is always a good idea to check in on general information reporting rules that may go unnoticed. One recommendation we always have
Instructions for Form 2848, Power of Attorney and Declaration of Representative (Rev. September 2021) are now live. The key updates here relate to electronic signatures…