A Comprehensive Tax Reporting Process

Managed Services Offers:

• A fully-managed import configuration
• Dedicated Managed Services representatives who coordinate and manage all 1099 processing tasks, including corrections, transmittal and print file creation
• Managed 1099 reporting to:
  • IRS
  • Social Security Administration
  • Canada Revenue Agency
  • Hacienda in Puerto Rico
  • State tax agencies
  • Independent Contractor Reporting
• 1099 filing expertise that transfers risk off of your company and your team. Reduce your risk and avoid penalties associated with:
  • Quarterly reporting
  • ICR reporting
  • Federal, Territory and State transmittals
  • 1042-S reporting
  • IRS/SSA file generation
  • Correction file generation
• The ability to eliminate temporary employees and ongoing internal training
• Complete control over scheduling of 1099 reporting, and other corporate tax compliance activity
• Daily optional 1099 processing to find and fix errors more quickly, easily and accurately

A Fully Managed Solution

Convey’s Managed Services reduces your tax information reporting workload, saves you time and money, and improves your 1099 reporting accuracy and corporate tax compliance.

The Managed Services Team eliminates the administrative effort needed to complete most 1099 process activities by:

• Managing data importing
• Daily operation of tax reporting operations
• Management reporting and security protocols
• Access to tax data across business divisions, operating units and departments

Convey’s Managed Services lessens the burden on accounts payable departments, and has access to the full suite of support including access to Convey’s 1099 reporting and corporate tax compliance experts.

Our Clients Routinely See

• 42% cost reduction in 1099 reporting processes
• 60% reduction in workload in 1099 processing
• Reallocation of full-time employees to core business initiatives