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Find out what’s going on in the industry, including new regulator notices and news from our partners

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  • QI Agreement Renewal Link and Due Date Extension

    The IRS is extending the deadline for QIs to renew their QI Agreement to May 1st 2023. The renewal link is not yet available in the QI Portal for some QIs due to a technical problem, but the IRS are aware of the problem and are working to fix it.

  • QI Agreement renewal link available

    After some initial teething problems, the link for QIs to renew their QI Agreements as per Rev. Proc. 2022-43 is […]

  • IRS Updates FAQ 23 on the FATCA

    The IRS has updated FAQ 23 on FATCA, under the section, General Compliance, extending penalty relief for the 2022, 2023, and 2024 calendar years in situations where a withholding agent withholds and reports on Forms 1042 and 1042-S by September 15 of the applicable year.