What must you do in the tax variance process?

If Namely identifies a tax variance, we will determine why the variance occurred.

We will notify you of the variance and the date we will initiate the collection (debit) or refund (credit) to your bank account on file.

Upon notice of the variance, you will need to ensure that your bank account is active and available for collection or refund.

If you have a debit block on your bank account, please ensure Namely’s ACH ID is added to your debit authorization list with your banking institution to ensure there are no issues with a collection (debit) on your account.

Should you opt to initiate the variance payment directly, we will accept electronic payments (ie: wire or ACH). Your payment must be remitted within a week of the variance notice.