Satcom Direct transitions tax reporting services to MySky
AI-powered financial management platform MySky has announced the transition of Satcom Direct’s (SD) tax reporting services to MySky.
According to MySky, the move strengthens the financial tools available for business aviation customers by ensuring the availability of a more efficient, accurate and powerful tax reporting service. It also allows greater control of aviation records and costs.
The companies continue to work closely to ensure a smooth transition for all clients using SD’s tax reporting services. US-based customers will benefit from a fully outsourced tax and compliance platform as improved technological advancements for financial planning applications and reporting are delivered. Co-ordinating with flight departments, tax, and legal teams, the service will provide streamlined, standardised and consistent tax reporting.
To optimise the consolidation and to ensure customers have the best fiscal experience, Ryan DeMoor, who has been running SD Tax Reporting for over five years, is joining MySky to head up the expanded division.
Kiril Kim, CEO and founder of MySky, said: “Growing MySky’s portfolio of services to include specialist tax reporting signifies our desire to improve processes and increase financial efficiency in every area of business aviation. MySky Tax Reporting Solutions complements our existing products and is another step forward to making operations smoother and more transparent within our sector. We are delighted to welcome Ryan and his team to MySky and combine our knowledge and experience to offer fully integrated financial support to the business aviation community.”
Chris Moore, President of Satcom Direct, said: “Our aim is to always ensure the customer is having the best experience possible through the SD ecosystem. Merging the existing SD Tax Reporting system with the powerful MySky financial platform gives customers greater control of aviation records and costs, and associated tax obligations. Access to fiscal and flight operations management through a digital platform elevates industry standards through the sharing of synchronised, accurate data across all members of the organisation. We are pleased to strengthen the existing partnership between SD and MySky, and will continue to work closely to ensure an enhanced experience for all clients.”