Expert supportReporting
Meeting your cross-border tax and anti-tax evasion reporting obligations can be complex and resource-intensive. Our regulatory reporting service helps financial institutions prepare and submit reports, including Forms 1042-S and 1042, Form 1099, and FATCA and CRS reporting.
We combine technical expertise with practical experience to help you meet your obligations efficiently and confidently.
Our team provides end-to-end support for all major reporting frameworks:
We prepare your annual Form 1042-S reports on payments of U.S. sourced income to non-U.S. persons, and your Form 1042 tax return.
Our service includes filing extensions and submitting your Form 1042-S to the IRS using our Transmitter Control Code (TCC).
We can also produce Form 1042-S recipient copies for you to distribute to your clients, when required.
We support financial institutions outside the U.S. that assume primary Form 1099 reporting and backup withholding responsibility for payments to U.S. persons.
We can help you to apply for a filing extension, validate recipient TINs, and prepare Forms 1099-DIV, 1099-INT and 1099-MISC and submit them to the IRS.
We can also produce recipient copies for you to distribute to your clients, as required.
We prepare Foreign Account Tax Compliance Act (FATCA) submissions for financial institutions and sponsoring entities, ensuring consistency with the IRS or your domestic XML schema.
We can also review your account classifications and GIIN registration details before filing.
We support Common Reporting Standard (CRS) reporting to local tax authorities, including applying due diligence classifications, and generating reports in the relevant XML format.
Our process ensures full alignment with OECD CRS standards and your local jurisdictional rules.
We deliver regulatory reporting that is accurate, timely, and stress-free:
We review your source data for completeness and consistency
We ensure all income types, entity classifications and withholding details are correctly applied
We prepare draft reports in the correct IRS or local tax authority schema for your review
We support direct electronic submission to the IRS for Forms 1042-S, 1042 and 1099
Whether you need help with a single filing or full annual reporting across multiple jurisdictions, our experts ensure every report is accurate, compliant, and delivered on time.
Contact us today to discuss your reporting requirements.