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How Financial Institutions Can Simplify FATCA Compliance Before December 2025

October 6, 2025
Posted by: Zakaria Meskine
Category: news & events

Stay ahead of the December 2025 FATCA deadlines. Discover practical strategies and tools that financial institutions can use to simplify compliance and avoid costly penalties.

The Future of FATCA and CRS Compliance: Preparing for Post-2025 Challenges

September 11, 2025
Posted by: Zakaria Meskine
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Discover how financial institutions can prepare for the future of FATCA and CRS compliance. Learn about post-2025 challenges, trends, and strategies to stay ahead of global tax regulations.”

IRS Guidance on FATCA Compliance for Financial Institutions in Q3 2025

September 5, 2025
Posted by: Zakaria Meskine
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IRS Guidance on FATCA Compliance for Financial Institutions in Q3 2025

As the global enforcement of FATCA intensifies, the IRS has issued updated guidance for financial institutions to ensure compliance

CRS Reporting Deadline Looms: Avoid Penalties by Acting Now in Q3 2025

August 28, 2025
Posted by: Zakaria Meskine
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CRS Reporting Deadline Looms Avoid Penalties by Acting Now in Q3 2025

Conclusion
The Q3 2025 CRS reporting deadline is fast approaching, and financial institutions must act now to avoid penalties and maintain compliance. By leveraging automated tools, staying informed about jurisdictional requirements, and preparing early, institutions can simplify the compliance process and reduce risks.

Panama Gazettes Resolution Further Extending Submission Deadline for 2024 CRS, FATCA Reports

August 27, 2025
Posted by: Zakaria Meskine
Category: news & events

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The Panamanian Official Gazette Aug. 19 published Resolution No. 201-6593, further extending, to Sept. 15 from Aug. 18, the deadline to submit financial account information reports for the 2024 fiscal period in accordance with the common reporting standard (CRS) and the Foreign Account Tax Compliance Act (FATCA). The resolution enters into force the same date. (Panama, Official Gazette, 08/19/25).

Why FATCA Non-Compliance in Q3 2025 Could Trigger Severe IRS Penalties

August 21, 2025
Posted by: Zakaria Meskine
Category: Articles

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Avoid IRS penalties for FATCA non-compliance in Q2 2025. Learn key risks, penalties, and actionable solutions to ensure your financial institution stays compliant.

Mandatory Electronic Filing for Form 1042-S Effective 2024 and Beyond

February 19, 2025
Posted by: Zakaria Meskine
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The IRS has introduced a mandatory electronic filing requirement for Form 1042-S, effective March 15, 2024. Under Treasury Decision 9972, withholding agents and partnerships must submit their filings electronically if they meet the 10-form threshold. This change aligns with international tax compliance efforts, including FATCA regulations. Non-compliance may result in IRS penalties.

FATCA and CRS Compliance in the Cloud: The Future of Regulatory Reporting.

February 12, 2025
Posted by: Zakaria Meskine
Categories: Articles, news & events

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Regulatory compliance is an evolving challenge for financial institutions, especially with the Foreign Account Tax Compliance Act (FATCA) and the Common Reporting Standard (CRS). These frameworks require institutions to identify, collect, and report financial account data to tax authorities across the globe.

Critical FATCA Update: RO Certifications Due by July 1, 2025

January 23, 2025
Posted by: Zakaria Meskine
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Stay compliant with FATCA! Submit your RO certification by July 1, 2025. Opes Software helps with timely submissions, Login.gov/ID.me setup, and risk-free compliance. Book a demo now!