Taxware (www.taxware.com), a leading provider of global tax compliance solutions
and a division of govONE Solutions, LP, yesterday announced the release of TaxSolver
Enterprise, a transaction tax compliance product that enables businesses to
dramatically decrease the time and cost required to produce tax returns.
In August 2002, Taxware announced the strategic acquisition of the TaxSolver
assets of ATX, II LLC, a wholly owned subsidiary of United Communications Group
Limited Partnership. Taxware has completed the integration of TaxSolver to its
industry leading Sales/Use Tax System in order to provide businesses with an
end-to-end solution for sales and use tax calculation, compliance and reporting.
“We are thrilled to be able to offer to our customers the marriage of
two world-class solutions, our Sales/Use Tax System and the power of TaxSolver
Enterprise,” said Michael W. Mancinelli, president of Taxware. “By
offering this extended capability, Taxware is further demonstrating our commitment
to provide users with products that combine the most current research and changes
in legislation with the most flexible automated processes—resulting in
systems that offer lower processing time and costs, improved accuracy and protection
against audits.”
Using TaxSolver enables companies to automatically produce returns in more
than 7,500 US sales tax jurisdictions and import data from virtually any source
including Taxware audit files; ERP, billing, and payables systems audit files;
as well as user-defined text files from spreadsheet products such as Excel.
These robust data import and workflow automation and reconciliation tools give
companies of any size the flexibility and control needed to reduce tax preparation
time.
Taxware also offers TaxSolver Professional for small businesses, which includes
the same forms without import, reconciliation, and workflow functionality.
Taxware's parent, govONE Solutions, offers electronic payment, tax calculation
and compliance and IT advisory services to federal, state and local agencies,
financial institutions and businesses. A market leader, govONE Solutions serves
more than two million taxpayers, processing 40 million payments valued at $1
trillion annually.