Our in-house accounting and tax professionals ensure secure, controlled disbursement and fund management.
We consult with banks, servicers, and regulators on appropriate financial architecture and related options. Solutions commonly include:
- Payment account(s) titled to financial institution’s EIN
- $1.468 billion Qualified Settlement Fund
- Grantor trust
Once your program is underway, we offer a full suite of tax services, including TIN validation, tax reporting using W-9, W-8BEN, 1099-MISC, 1099-INT, 1098, and 1042S forms, federal and state backup withholding, and IRS B-notice processing. Our tax professionals can prepare and file any compensation fund-related tax returns. All payment processing includes Office of Foreign Asset Control (OFAC) and other standard “know-your-customer” compliance.
Our rigorous payment controls meet the banking industry’s own security and audit standards, meet or exceed SSAE16 controls and mandates, and meet or exceed all applicable federal standards.
Tax professionals with uncompromising standards for excellence and accuracy. Learn more about Epiq's accounting programs.