Defining Taxpayer Options

The definition of a taxpayer is someone (or something) with financial obligations with your tax authority. Within the documentation, the terms "taxpayer" and "customer" may be used interchangeably.

The system subdivides taxpayer information into the following records:

• Person. The person record holds demographic information about your taxpayers and every other individual or business with which your tax authority has contact. For example, in addition to normal registered taxpayers, person records may include contacts, accountants, related parties, mortgage brokers, related businesses in a corporate structure, overseas entities, persons of interest, and so on.

• Account. Accounts are the entities for which bills are produced and therefore you must create at least one account for every person who has financial obligations with your company. The account record contains information that controls when the bills are created and how the bills are formatted.

• Tax Role. A tax role is used to define an instance of a specific tax type for a specific account. It includes information that is specific to the tax type for the account, for example, the dates that the tax is applicable for the account and the filing calendar that defines the filing frequency.

• Obligation. An obligation is a contract between the tax authority and the taxpayer. For example, an obligation may represent a specific filing period where a taxpayer is expected to file a return for a given tax type. An obligation may represent an ongoing charge such as a tax preparer fee. An obligation may be used to hold miscellaneous financial information such as an excess credit to later be applied to unpaid tax or debt from a third party source.

Before you can define persons, accounts, tax roles and obligations, you must set up the control tables defined in this section.

Contents