Wall Street Concepts

Wall Street Concepts provides tax information reporting solutions for WHFITs, REMICs, long-term OID bonds, Master Limited Partnerships, mutual funds and REITs to participants in the financial industry. Our services facilitate the production of Forms 1099, 1042S and K-1, as well as the preparation of individual tax returns.

What We Offer

  • AMBIR

    A service that provides financial services firms with tax information reporting compliance for all mortgage backed securities.

  • Compliance Plus

    A comprehensive, outsourced service for providing tax-information reporting to the clients of financial services firms.

  • Income Reallocation Service

    A transaction-based service that assists firms with the correct characterization, for tax reporting purposes, of distribution made by Regulated Investment Companies (RICs) and Real Estate Investment Trusts (REITs).

  • Long Term OID Services

    A transaction-based service that helps ensure compliance of firms' tax information reporting for non collateralized instruments issued with Original Issue Discount (OID).

  • Master Limited Partnership Reporting

    A clearinghouse identifying Master Limited Partnerships (MLPs) that collects, consolidates and distributes street-name information on behalf of nominees in compliance with §6031(c).

  • Original Issue Discount Calculator

    A utility for calculating Original Issue Discount (OID) income, market discount, acquisition premiums, adjusted cost basis and realized gains and losses on fixed-income securities.

  • TEFRA Glossary

    A database of securities that require special consideration in any tax information reporting system.

  • UIT Service

    A service for processing Unit Investment Trust (UIT) transactions to produce year-end tax information reporting.

Complementary Services

  • Education Services

    A range of standard and customized courses to support staff and system training and continuing education requirements

Brochures & Datasheets

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