|By Business Wire||
|March 14, 2014 03:24 PM EDT||
DocuSign Inc. (DocuSign) today joins tax preparers everywhere in applauding the IRS’s announcement earlier this week that it will be accepting electronic signatures on Forms 8878 and 8879, which was published in a revision of Publication 1345 earlier this week. The IRS’s increased acceptance of eSignatures will expedite processing of tax returns by Electronic Return Originators (EROs), making the filing process easier, faster, more convenient and secure while minimizing paperwork and opportunities to make errors on returns.
“DocuSign’s technology already far exceeds the standards set forth by the IRS for legally executing Forms 8878 and 8879, so our customers and accountants everywhere should be happy to see the IRS extend eSignature acceptance in time for this tax season,” said Ken Moyle, chief legal officer, DocuSign. “Tax preparers should move with complete confidence that DocuSign can be a critical tool in meeting every requirement of the new standards.”
Form 8879 is the declaration document and signature authorization for an e-filed return filed by an Electronic Return Originator (ERO). The new guidance replaces guidance from 2007, which limited the ways in which the forms could be signed.
DocuSign leads the industry in compliance and enforceability, providing the most authentication options, a comprehensive digital audit trail, and bank-grade security. The company warrants that its products comply with the U.S. ESIGN Act and state laws modeled after 1999 UETA and certain key aspects of the UK Electronic Communication Act (2000). DocuSign meets specialized rules from the FDA, FTC, FHA, IRS, FINRA, among many others, and provides extensive, configurable authentication options to verify the identities of signers.
Current customers can DocuSign IRS Forms 8878 and 8879 immediately for filing returns. Individuals and organizations interested in learning more about DocuSign may visit http://www.docusign.com.
About DocuSign Inc.
DocuSign® is The Global Standard for Digital Transaction Management™. Global enterprises, business departments, individual professionals, and consumers have standardized on DocuSign, with more than 40,000 new users joining the DocuSign Global Network every day. Today, that network includes millions of users in 188 countries. DocuSign's DTM platform supports legally compliant electronic and digital signature processes tailored to meet requirements globally with localization in 43 languages. Companies and individuals DocuSign to accelerate transaction times to increase speed to results, reduce costs, increase security and compliance, and delight customers across nearly every industry – from financial services, insurance, technology, healthcare, manufacturing, communications, real estate, retail, and consumer goods to higher education, non-profit and others – as well as every business department, including sales, finance, operations, procurement, HR/staffing, legal, and customer support. For more information, visit www.docusign.com or call 877.720.2040. Visit the DocuSign blog at www.docusign.com/blog and follow DocuSign on Twitter, LinkedIn, and Facebook.
DocuSign is a registered trademark of DocuSign Inc. All other trademarked names or terms used in this document are the properties of their respective owners.
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