Thomson Acquires Tax Partners, LLC
On Tuesday, The Thomson Corporation announced it has acquired Tax Partners®, LLC, the nation’s largest sales and use tax compliance service firm. Tax Partners will join the RIA Compliance business of Thomson Tax & Accounting, which provides industry leading software and information solutions and services to tax professionals in accounting firms and corporations. Terms of the acquisition were not disclosed.
“Adding Tax Partners to our offerings will provide Thomson Tax & Accounting with an important tax compliance service component, enabling us to offer an end-to-end solution to our clients,” said Brian Peccarelli, EVP Thomson Tax & Accounting Corporate Markets and general manager of RIA Compliance. "For the first time from one provider, tax professionals can choose from a full range of sales and use tax solutions, from automated tax determination and return processing to complete outsourcing of their sales and use compliance function."
Tax Partners uses proprietary technology and its engineered processes to provide clients with a safe, stable and cost effective state and local tax compliance solution. Hundreds of companies have trusted Tax Partners to handle their sales and use tax compliance because of its robust technology and proven process. In 2004, Tax Partners filed more than 540,000 tax returns and remitted $7.5 billion in taxes for its clients.
Voice of the Editor
Which isn’t completely true. I mean, occasionally I drop by when I manage to sneak out of the nonstop frat party over at Going Concern, but I’m mostly a wallflower over there. I’m happy to say that I’ve been given express permission (or explicit orders, if you like) to wander over here to AccountingWEB more often.
Why is that, you might ask? My job is to replace the irreplaceable Gail Perry as Editor-in-Chief. What does that mean? I don’t really know! I think it’ll be fun getting a feel for things, throwing in my own thoughts here and there, and listening to the discussions you’re having about the accounting profession.