LOS ANGELES, CA--(Marketwire - Aug 9, 2012) - RPost, the inventor of Registered Email® services, today announced that global companies have started to shift tax reporting notices from express mail and fax to Registered Email messages for time-stamped delivery proof, with privacy options, to facilitate timely reporting to the IRS.
With the recent June 30 deadline to submit foreign bank and financial account reports (FBARs) to the IRS, NBC Universal elected to use RPost's Registered Email services to send required FBAR reporting notices, forms and other critical notices attached to RPost Registered Email messages, for proof, privacy, and most importantly, direct delivery to the email inbox of its executives named on foreign bank accounts.
NBC Universal reported that this saved them administrative time, international express mailing costs, and provided them with assurance and proof of compliance. RPost Registered Email messages are delivered with all content to the recipient's inbox, without any click, links, or other recipient complexity. Each message returns a receipt for proof of legal delivery of notices and proof that bank account and tax information was transmitted privately when required.
"With heightened enforcement and penalties associated with regulatory notices, we have seen corporate law, compliance and finance departments opt for the highest levels of proof of delivery of notices and filings," adds RPost CEO Zafar Khan. "With RPost, the returned Registered Receipt record becomes part of the compliance file, as verifiable proof of delivery, content, and time received." The IRS now assesses a $10,000 penalty per missing or untimely filed FBAR per bank account.
RPost Registered Email service is the global standard for email proof, message encryption, and electronic signature services which enable the email sender and recipient to prove, sign, encrypt, archive and collaborate across desktop, mobile, and online email platforms. The service, available in 8 languages, is designed for industries such as insurance, finance, legal, real estate, telecommunications and manufacturing where the speed of contract execution, encryption, and court-admissible email records are a business requirement. RPost, founded in 2000 and now operating from 6 global business centers, is in use within the U.S. Government and global F500 companies, and is endorsed and marketed by influential bar associations throughout the United States. Winner of the 2011 World Mail Award for Security, RPost holds 38 patents worldwide. To use RPost services visit www.rpost.com.