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Silanis Praises E-Signature Option for Federal Tax Returns


March 28, 2014 - Montreal, QC

MONTREAL, QC--(Marketwired - March 28, 2014) - As taxpayers hurry to get all the necessary paperwork to their accountants so they can e-file returns before April 15, the Internal Revenue Service (IRS) announced an update to its electronic signature policies that include acceptance of e-signatures on Forms 8878 and 8879. Silanis e-SignLive™, a leading electronic signature provider, provides Electronic Return Originators (EROs) with everything needed to immediately comply with the IRS's e-signature requirements.

"This added convenience for both the tax preparer and tax payer shows that the IRS is making inroads towards a paperless environment," said Silanis Vice President and co-founder Michael Laurie. "A tax preparer can now send these forms to their customer to sign online, and get a compliant e-signed record back in just minutes -- without any of the hassles of faxing or mailing. And because e-signatures are available as a cloud service, the technology is as accessible to self-employed tax professionals as it is to large accounting firms."

e-SignLive is available both on-premises and in the cloud. While an on-premise physical deployment offers maximum control, a growing number of businesses are opting for the cloud service because Silanis takes care of provisioning the servers, hardware and software -- meaning they can get up and running quickly with little to no IT involvement.

Regardless of deployment, e-SignLive incorporates digital signature technology and embeds the signature audit trail information directly into the e-signed document. This creates a tamper-evident document and helps ensure non-repudiation. Regardless of whether the signature is scripted and captured on an iPad or with a click-to-sign button on the PC, the intent and consent of a signer is captured.

In addition, e-SignLive presents online documents as they would appear on paper, all in the correct order, on any web browser. Documents and data relevant to the signing process are securely captured and stored. This includes reproducing the exact appearance and order of all web screens, documents and legal disclosures; how long the signer spent on each page; and all actions they took during the review and signing process. So if ever a transaction is questioned, the electronic evidence can be easily retrieved and presented in an easy-to-view format.

Businesses that want to follow the IRS's lead and get started on e-signatures can start with the free trial of e-SignLive.

About Silanis Technology

Businesses of all sizes choose Silanis Technology when e-signatures matter. With more than 600 million documents processed every year, e-SignLive™ is the most widely used e-signature solution around the world. Thousands of organizations, big and small, including the leading banks, insurers, credit providers, pharmaceutical and government agencies trust e-SignLive as their platform to make business digital. On premise or in the cloud, e-SignLive delivers the best customer experience while improving legal and regulatory compliance. Learn more: www.silanis.com, Twitter, LinkedIn, Facebook and Google+.

Sarah Milner
Silanis Technology
250-216-1762
sarah_milner@silanis.com

MarketWire

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