ONESOURCE TAX INFORMATION REPORTING

CANADIAN INFORMATION REPORTING

Whether information reporting is central to your business or a back-office function, ONESOURCE Tax Information Reporting software or turn-key services can help you ensure regulatory compliance, reduce costs, and improve processes.

Your information reporting requires numerous steps to ensure accuracy. Updating the CRA and QUEBEC regulatory changes, issuing slips to recipients, improving response time to inquiries, and filing are just a few of them.

A Breakthrough System

ONESOURCE Tax Information Reporting software handles everything from importing data files to processing your information.

  • Import from single or multiple sources:
    • Commission System
    • Interest & Dividend Payment System
    • Claims System
    • Vendor System
    • Employee Benefits Payment System
  • Flexible field mapping gives you control of imported information

 

ONESOURCE Tax Information Reporting is a broad tax reporting solution that goes beyond U.S. 1099 & W-2 information reporting and includes comprehensive tax information reporting for Canadian Information Reporting.

This includes reporting to the Canadian Revenue Agency (CRA). Additionally, Thomson Reuters provides reporting for the province of Quebec.

We currently support the following slips and are expanding our slips to meet your reporting needs:

 Canada Slips  Quebec Province Slips
 T4A  Relevé 1
 T5008  Relevé 3
 NR4  Relevé 18
 T5  

Simplify your Canadian Tax Reporting Process

Respond to inquiries promptly and accurately with:

  • Easy viewing of recipient detail, forms, and payer codes
  • A variety of ways to locate recipient information
  • Quick access to payment details
  • Options to make quick changes and generate files to print or email
  • Ability to track all original and corrected information

Distribution and Printing

Thomson Reuters uses a production facility with custom equipment designed specifically for assembling high volumes of tax slips and statements. Our service team is available for all of your print, insertion and distribution needs. Paperless forms can be distributed to your recipients via your own website, decreasing printing and mailing costs.

Multiple Options for Easy Distribution

ONESOURCE Tax Information Reporting meets all of your printing and filing needs:

  • Print individual recipient slips or batch prints large volumes
  • Choose to file based on CRA thresholds, or to file everything
  • Supports all CRA & Quebec filing options
  • Meets CRA and Quebec requirements for current slips