During the offseason it is always a good idea to check in on general information reporting rules that may go unnoticed.

On September 13, 2021, the IRS published DRAFT Forms 1099-MISC and NEC. Although the changes are few and subtle, they are worth noting.

On September 3, 2021, the Cayman Department of International Tax Cooperation (DITC) published an Updates Bulletin reminding the Industry tha

On September 2, 2021, the IRS published a DRAFT Form W-8BEN-E and Instructions.

New Instructions for Form 2848, DRAFT 2021 Form 1099-INT, and DRAFT Instructions for Forms 8804, 8805, and 8813, and 8804-W.

On August 30, 2021, the Cayman Department for International Tax Cooperation posted an Updates Bulletin with three key reminders

On August 30, 2021, the IRS published a DRAFT Form W-8BEN and Instructions. Similar to the recently published DRAFT Forms W-8ECI and IMY

On August 26, 2021, the IRS published a DRAFT Form W-8IMY (Rev. October 2021) that includes a number of changes and additions to the prior 2

On August 25, 2021, the IRS published a DRAFT Form W-8ECI and Instructions with a revision date of October 2021.

On August 18, 2021, the IRS published a DRAFT Publication 1167, General Rules and Specifications for Substitute Forms and Schedules.

On August 24, 2021, the IRS published Notice 2021-51, intending to defer the applicability date of certain provisions under sections 1446(a)

On August 17, 2021, the Internal Revenue Service posted a DRAFT 2021 Form 1042-T. Although the form itself has not changed, the instructions

On September 15, 2021, Cayman filers will have to submit the new CRS Compliance Form, which will be due annually on that date.

On August 20, 2021, the Cayman Department of International Tax Cooperation posted a new Updates Bulletin that includes Common Reporting Stan

The IRS has published DRAFT Instructions for Form 8233, Exemption from Withholding on Compensation for Independent (and Certain Dependent)

In June 2021, Finance Bill 2021 received its royal asset. This bill introduced legislation to bring in a new Financial Institution Notice (F

In case you missed it, on August 1, 2021, the U.S. Senate unveiled their infrastructure package that included information reporting requirem

Don’t forget the Filing Information Returns Electronically (FIRE) updates coming in September 2021, where we will see

On July 23, 2021, the Department of the Treasury and Internal Revenue Service published Proposed Rules for Electronic Filing Requirements

Comply would like to call your attention to a few updates that the IRS published this week

Every now and again, taxpayers should have a look at the Large Business and International Division list of currently active campaigns.

On July 6, 2021, the IRS released new Publication 5147, Foreign Account Tax Compliance Act (FATCA) Foreign Financial Institution (FFI)

On July 2, 2021, the IRS published a DRAFT 2022 Form 1099-DIV. This new form includes the following key changes: The 2022 Form 1099-DIV...

On June 28, 2021, the IRS published a DRAFT Pub. 1179, General Rules and Specifications for Substitute Forms 1096, 1098, 1099, 5498