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Satcom Direct’s (SD) Tax Reporting Service has transitioned to MySky—the AI-powered financial platform—expanding the existing strategic partnership between the two companies, they announced on Monday. The change strengthens the financial tools available for SD’s business aviation customers, resulting in a more efficient, accurate, and powerful tax reporting service, the companies said.
U.S. customers will benefit from a fully outsourced, technologically advanced tax and compliance platform for financial planning applications and reporting. The platform can be coordinated with flight departments and tax and legal teams for streamlined and consistent tax reporting and improved cost controls.
“Our aim is to always ensure the customer is having the best experience possible through the SD ecosystem,” said SD president Chris Moore. “Access to fiscal and flight operations management through a digital platform elevates industry standards through the sharing of synchronized, accurate data across all members of the organization.”
MySky CEO and founder Kirill Kim said, “Growing our portfolio of services to include specialist tax reporting signifies our desire to improve processes and increase financial efficiency in every area of business aviation.” Kim called the enhanced partnership “another step forward to making operations smoother and more transparent within our sector.”
To optimize the consolidation, SD Tax Reporting chief (and NBAA tax committee vice-chair) Ryan DeMoor is joining MySky to head its expanded tax reporting division.