The Tax Reporting System extracts information from FIS' accounting systems and produces balancing and account details to support U.S. federal tax disclosure requirements. The system produces federal tax forms for customers and magnetic tape reporting for the U.S. Internal Revenue Service (IRS). An annual Tax Reporting System update incorporates the latest tax law changes introduced by Congress and the IRS.
Tax Reporting System offers financial services organizations an integrated batch and online design that processes both batch and online transactions. New accounts can be added and existing accounts updated or deleted through batch or online processing.
Systematics
» Certification Tracking
» Check Inventory
» Customer Statement and Relationship Pricing System
» Financial Management System
» Integrated Monetary Processing and Control System (IMPACS)
» Intersystem Transfer System
» Item Reconciliation
» Savings/Time Deposit System
» Tax Reporting System