Tax & Accounting Blog

Document Imaging ROI – It’s More than You Think

Document Imaging ROI – It’s More than You Think

Reducing costs is one of the main goals of a trust institution when implementing a document imaging system.  But, how to calculate the Return on Investment (ROI) you’ll achieve takes some thought and research.  A document imaging system provides software for scanning, indexing, retrieving and archiving images of documents and electronic files.  It covers more than … Read More

New FATCA Notice Released – Notice 2011-53

New FATCA Notice Released – Notice 2011-53

On July 17, 2011,  the IRS released a new notice, 2011-53, which provides a ‘workable timeline for FFIs and U.S. Withholding Agents to implement the various requirements of FATCA’. Specifically: • An FFI must enter an agreement with the IRS by June 30, 2013, to ensure that it will be identified as a participating FFI … Read More