Add Trolley, stay compliant with IRS regulations
Stay on top of changing thresholds for forms 1099 & 1042 production and delivery.
With Trolley, you can automate your IRS compliance management process when paying within the US and anywhere else globally. Save time with our self-service approach to generating recipient W-8s and W-9s, automatic activity allocation, and EoY filing.
How it works:
Digital W-8 & W-9 collection and earnings allocation
Whether you use Trolley’s white-label portal or embedded widget, it’s easy to securely collect payee identification and tax information.
Generate EoY reports in minutes and e-file with the IRS
Streamline statement generation and filing (1099 & 1042-S) with automated year-end tax reporting. Comply with the IRS's regulations for contractor, non-employee, royalty, and other forms of income.
1099-K: Comply with the IRS’s changing thresholds
With gross payment and transaction thresholds changing over the next few years, EoY tax statements for your US-based marketplace should increase exponentially. Trolley's payouts solution offers native tax support for IRS Form 1099-K.
Keep up with regulations without the dev work
With ever-changing regulations, keeping up with an in-house tax product can distract from your core offering. Trolley Tax ensures you are always up to date and those ever-changing regulations never affect your business continuity.
Scale your business globally
Expand across borders without the headache of global regulations. Trolley’s Tax product also supports DAC7 compliance for EU-based sellers. Collect tax information, make regular payments, and generate EoY reports ready to submit to authorities in any of the 27 EU member states.
An all-in-one solution for the internet economy
With Trolley, your teams can save nearly 80% of the time spent managing administrative tasks related to contractor payouts and taxes. Plus, our simple-to-understand pricing means fewer fees and FX surprises.