Implementation Overview
Tax Trilogy believes that the key to delivering superior quality compliance begins with accurately documenting data and business requirements during the implementation process.
As part of the implementation, Tax Trilogy uses a toolkit to ensure that all pertinent information regarding a clients tax profile and filing history are gathered, analyzed and converted into agreed upon filing positions which we call Business Rules.
Implementation Approach
Phase I
- Completion of the Implementation Toolkit (evaluating ledgers, tax feeder systems and unique business considerations)
- Data Mapping and Migration
- Developing and agreeing to processing requirements -- Business Rules
- Conducting and confirming the inventory of all tax registrations and tax data sources
- Conducting an initial tax filing gap analysis based on source data and registration comparisons
Phase II
- Data Testing (compilation of data from a historical compliance quarter for comparative analysis)
- Treasury matters - set-up of account for the client, verification of EFT and EDI info, ACH Pre-note testing and development of Treasury reporting
Phase III
- Enhance our understanding the business transactions that generate tax liabilities
- Preparing an inventory of existing notices and understanding the status of each as we prepare to load them into TriloConnect™
- Drafting Power of Attorney documents so Tax Trilogy can effectively manage notices and inquiries directly with the taxing authorities