ONESOURCE Tax Information Reporting from Thomson Reuters (formerly Windstar Technologies) offers comprehensive and powerful tax and immigration software for handling payments to foreign individuals and vendors, reducing tax exposure and promoting improved internal practices while reducing costs. Up-to-date, comprehensive training programs, consulting, and tax guides also help clients meet the complex challenges surrounding IRS tax compliance.
For large corporations and institutions making payments to foreign vendors and individuals for services, royalties and licensing fees, rents, interest, or other payments, W-8 E-Compliance simplifies collection and verification of W-8 forms, automates withholding determination, and accurately prepares forms 1042/1042-S.
International Tax Navigator®
For educational and research institutions, hospitals, and nonprofits making scholarship, fellowship, honoraria, and employment compensation payments to students, scholars, researchers, and teachers. International Tax Navigator is a complete software solution for nonresident alien tax compliance and income tax treaty analysis that prepares forms 8233, W-4, W-8, and 1042/1042-S.
Foreign National Tax Resource™
For educational and research institutions, hospitals, and nonprofits, Foreign National Tax Resource (FNTR) simplifies tax preparation for foreign national students, researchers, and employees – whether they are nonresident, resident, or dual status individuals. FNTR completes Forms 1040-NR and 1040NR-EZ.