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.
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