Taxware, LLC is a division of
Vista Equity Partners
Vista Equity Partners is an American investment firm focused on financing and forwarding software, data, and technology-enabled startup businesses. Vista has invested in hundreds of companies, including Misys, Ping Identity, and Marketo.
The co ...
that specializes in
sales
Sales are activities related to selling or the number of goods sold in a given targeted time period. The delivery of a service for a cost is also considered a sale.
The seller, or the provider of the goods or services, completes a sale in r ...
,
use
Use may refer to:
* Use (law), an obligation on a person to whom property has been conveyed
* Use (liturgy), a special form of Roman Catholic ritual adopted for use in a particular diocese
* Use–mention distinction, the distinction between using ...
and
value-added tax
A value-added tax (VAT), known in some countries as a goods and services tax (GST), is a type of tax that is assessed incrementally. It is levied on the price of a product or service at each stage of production, distribution, or sale to the end ...
calculation. Taxware is based in
Wilmington, MA. Founded in 1979, Taxware is
Sarbanes-Oxley Section 404 compliant and one of six
Certified Service Provider Platforms available to retailers. In December 2012, Taxware was acquired by Vista Equity Partners from
Automatic Data Processing
ADP, Inc. (originally an acronym for Automatic Data Processing) is an American provider of human resources management software and services.
History
In 1949, Henry Taub founded Automatic Payrolls, Inc. as a manual payroll processing business wit ...
.
History
Taxware was founded by Dan Sullivan in 1979 as Audio Visual Products (AVP). In 1980 they released their first product, Sales Tax Rate File. AVP changed its name to Taxware, Int’l in 1996 and in 2000 was purchased by
First Data Corporation
First Data Corporation is a financial services company headquartered in Atlanta, Georgia, United States. The company's STAR Network provided nationwide domestic debit acceptance at more than 2 million retail POS, ATM, and Online outlets for nea ...
. In 2003, Taxware acquired TaxSolver from ATX and in 2006, First Data Corps sold Taxware to
Automatic Data Processing
ADP, Inc. (originally an acronym for Automatic Data Processing) is an American provider of human resources management software and services.
History
In 1949, Henry Taub founded Automatic Payrolls, Inc. as a manual payroll processing business wit ...
(ADP).
In December 2012 Taxware was acquired by
Vista Equity Partners
Vista Equity Partners is an American investment firm focused on financing and forwarding software, data, and technology-enabled startup businesses. Vista has invested in hundreds of companies, including Misys, Ping Identity, and Marketo.
The co ...
. As part of the acquisition, Taxware relocated its headquarters from
Salem, NH to Ballardvale Office Park in
Wilmington, MA.
Products and services
* Taxware Enterprise (TWE) is a global tax calculation engine that operates in nearly every country in the world. TWE operates as part of an existing financial or accounting system.
* Sales and Use Tax System (SUT)is a tax calculation engine that operates specifically in North America. SUT operates as part of an existing financial or accounting system.
* Sales Tax Service (STS) is a filing program where Taxware’s clients delegate tax filings and payments directly to Taxware.
* TaxSolver is a tax-return generation system. TaxSolver processes and converts imported data to generate tax returns. TaxSolver operates as part of an existing financial or accounting system.
* Tax Content Solution (TCS) provides the same tax rates and product taxability rules as featured in the Taxware Enterprise application, without the full calculation engine. TCS is uploaded into a Point of Sale application.
["Tax Content Solution." Taxware.com. Taxware, n.d. Web. 27 Aug. 2013. .]
References
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Business services companies established in 1979
1979 establishments in New Hampshire
Companies based in Wilmington, Massachusetts
Tax software of the United States
Software companies established in 1979