eStatement

A Web-based 1099 compliance solution

ONESOURCE Tax Information Reporting has an eStatement solution that provides Internet access to tax forms for your clients. It enables them to access your company’s website directly to retrieve their 1099 forms.

Using eStatement, recipient access to tax forms is completed with the recipient’s current log-on and authentication process to your system. Recipients can view and print copies immediately.

Recipients don’t have direct access to the ONESOURCE system – they simply see a link on your website that enables them to retrieve a copy of their tax forms. Because tax form data is available in real time, corrections or changes can be accessed any time with rules that you determine.

Our software provides tracking for recipients who have provided consent to receive an electronic recipient statement and prefer a “paperless” tax form. There is an “opt-in” option, which enables your clients to receive electronic delivery of their forms.

eStatement workflow

Features

  • Provides access to real-time tax forms (electronic statements) for your recipients via the Web
  • Tracks recipients that have consented to receive an electronic statement
  • Provides separation of what should be printed versus what forms will be accessed electronically
  • Enables recipients to easily print duplicate or access original 1099 forms

Benefits

  • Decreases lead time necessary to print forms using a print vendor
  • Offers cost savings by eliminating postage and printing costs
  • Provides an environmentally friendly corporate solution