Escrow, Treasury and Tax
In-house accounting and tax professionals provide 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
- $1.468B 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.