158-27-048 Tax Reporting Solution

The Virginia Retirement System seeks a qualified vendor to deliver a comprehensive tax information reporting and filing solution. This contract will support the agency’s obligation to accurately report retirement‑related tax data to federal and state authorities, and must be delivered remotely. The solution should include software configuration, data integration, compliance reporting, and ongoing support as needed. • Provide a ready‑to‑use tax reporting platform that can interface with the VRS’s existing payroll and benefits systems. • Ensure compliance with IRS and state tax filing requirements for retirement distributions. • Deliver remote implementation, training, and post‑deployment support within the bid period. • Offer a secure, scalable solution that protects sensitive participant data. • Include documentation and optional enhancements for future reporting needs.