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June 26, 2024 - Product Update June

We are thrilled to announce the rollout of our newest features!

These enhancements aim to empower you with even greater capabilities within our platform.

 

🖥️Here's what's new:

  1. 1042-S Import Enhancement: Admins can now import 1042-S forms containing Income Code 14 data directly into Calculus. 
  2. Text File Generation: Text files generated now include Income Code 14
  3. Income Code 23: Admins can now record and manage payments categorized under IC23 with gross-up calculations
  4. Obsolete Document - The system now detects changes made by foreign nationals to their profile information after they have manually signed and uploaded a tax form.

We invite you to explore the features and experience its benefits first-hand. Check out the release notes linked below.

 

🌎US Department of Treasury - Tax Treaty Update:

 

US - Russia: The United States has provided a “notification of suspension” of the 1992 tax convention with Russia, effective August 16, 2024.​ Read full release here

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