News

Today.com Features Taxware on Sales Tax Holidays

July 23, 2014, 11:42 am EDT in Blog, In the News

Taxware’s own Charles Maniace and Matthew S. Walsh are interviewed for the article along with J. Craig Shearman, of the National Retail Foundation.   Today.com/money featured an article by Krystina Gustafson of CNBC, “Sales Tax Breaks Boost Back-to-School Shoppers' Spending Power.” The article discusses the popularity of back-to-school sales tax holidays, their...

Taxware and Convey Merge to Provide a Unified Tax Compliance Solution

July 1, 2014, 12:01 pm EDT in News

Taxware and Convey merge to create a comprehensive portfolio of technology products and services designed to simplify tax compliance, provide greater visibility and control, and mitigate risk. Taxware is pleased to announce its merger with Convey Compliance Systems, the #1 private third-party filer of 1099 forms.  This merger will combine the...

Organizations Agree: FATCA Reporting is a High Priority

June 23, 2014, 12:01 pm EDT in Press Releases

MINNEAPOLIS, June 23, 2014 - The implementation of the Foreign Account Compliance Act (FATCA) has presented new operational demands for U.S. and foreign financial institutions. As such, many of these organizations have ranked FATCA tax reporting obligations as a high priority. This sentiment was revealed during a recent webinar hosted by Convey...

Convey is among a select few granted access to the Death Master File

May 27, 2014, 6:35 am EDT in Press Releases

MINNEAPOLIS, May 26, 2014 - Congress recently limited who can view the Social Security Administration's database that records tax identification numbers (TINs) of deceased individuals, known as the Death Master File (DMF). Convey Compliance Systems Inc. is one of the few organizations who now have access to the full DMF. To further...

Convey Responds to FATCA Transitional Relief for 2014 and 2015

May 19, 2014, 1:03 pm EDT in Press Releases

MINNEAPOLIS, May 19, 2014 - The IRS recently announced in Notice 2014-33 that it would regard 2014 and 2015 as a period of transitional relief for financial institutions complying with the Foreign Account Tax Compliance Act (FATCA). However, the IRS will continue to enforce the law and only grant penalty reprieve...

iCreate and Convey Team Up to Help Global Banks Fast-track FATCA Compliance

May 6, 2014, 9:14 am EDT in Press Releases

MINNEAPOLIS, MN – May 6, 2014 – Partnership creates end-to-end solution for enabling and ensuring FATCA compliance, including: data consolidation, indicia identification, additional KYC data/document capture, alerts/notifications and dashboards to monitor compliance, withholding calculations and remittance, and tax reporting. Banking analytics, risk and compliance pioneer, iCreate, today announced a strategic...