Take the heavy lifting out of tax season
Built to work across 28 different jurisdictions (US & EU), Trolley Tax automates tax info collection and validation, manages withholdings, and shrinks year-end reporting to a 3-step process so your team can focus on what really matters—scaling your business.
Trusted across industries by finance & compliance teams
A tax process without the end-of-accounting-period rush
Trolley Tax was built alongside some of the internet’s largest enterprises with the objective of helping their finance and accounting teams stay focused on the big picture—a streamlined end-of-year. As new recipients complete a self-service onboarding process, we gather essential data so that every payout can be managed based on that information. Everything you need for month-end or year-end is ready to go and set to e-file in a few clicks.
Collect recipient tax info at onboarding
Automatically withhold taxes on every payout (as required)
Generate EoY recipient statements
E-file in a few clicks
Grow across geographies without worrying about compliance hurdles
Today’s fast-growing connected business want to scale without geographic barriers. Trolley Tax helps you stay compliant in the US and the EU without any additional work required for your team.
IRS compliance for US-sourced payouts
Keep your friends at the IRS happy. Enhance your process with digital W8/W9 collection, automated withholding, and 1099/1042 e-filing.
DAC7 compliance for sellers in the EU
Grow across Europe. Collect required seller data, link payouts to reportable activities, and generate XML files required for all 27 EU jurisdictions.
We offer a 3-step process that makes tax compliance a breeze
Onboard
Automate onboarding and setup based on geography.
Pay
Generate tax records and automatically apply withholdings if needed.
File
Send recipients statements and e-file directly within Trolley.
Fully compliant digital onboarding
Trolley collects accurate data at recipient onboarding, saving you the high-pressure work of chasing that down in January.
- Trigger jurisdiction-specific tax forms as you onboard new recipients
- Send white-lableled emails that incorporate your brand
- Collect required info including name, residence, and tax ID info
- Auto-validate tax forms
- Obtain signatures and store forms in a digital format
- Automatic re-verification whenever forms expire
Tax-friendly payment process
Trolley automatically builds a recipient tax record and manages compliance on every payment based on recipient data and the reason for payment.
- Automatically withhold taxes as required by jurisdiction and treaty
- Build tax records including payment activity classification on every payment
Low-click end of year filing
Following a simple review and approval process, Trolley makes it easy for you to file with the tax authorities and provide end-of-year information forms to your recipients.
- Manage every year, jurisdiction, and type of tax form through a dedicated tax center
- View and approve consolidated recipient earnings for the year in one place
- View and approve generated tax forms based on approved earnings
- Send tax forms to all recipients digitally or by mail
- E-file in the relevant local jurisdiction
Empower your teams with full automation
Whether you make 100 or 100K payouts a month, Trolley Tax enables you to improve internal accounting and compliance processes as well as remove friction from your recipient's journey.
Send fast payouts, simplify your tax process, and sync your tools with one platform
Let Trolley take care of payouts, so you can focus on what really matters: growing your business.
![[IRS Update] 1099-K Reporting Thresholds for 2024 and Beyond: What You Need to Know](https://b2728902.smushcdn.com/2728902/wp-content/uploads/2024/11/1099-K-OG-Image.webp?lossy=2&strip=1&webp=1)
