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Taxware, LLC is a division of
Vista Equity Partners Vista Equity Partners Management, LLC is an American private equity firm that invests in software, data, and technology-enabled businesses. It is one of the largest private equity firms in the world, managing over $100 billion in assets. Vista Eq ...
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. A period during which goods are sold for a reduced price may also be referred ...
, use and
value-added tax A value-added tax (VAT or goods and services tax (GST), general consumption tax (GCT)) is a consumption tax that is levied on the value added at each stage of a product's production and distribution. VAT is similar to, and is often compared wi ...
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 Vista Equity Partners Management, LLC is an American private equity firm that invests in software, data, and technology-enabled businesses. It is one of the largest private equity firms in the world, managing over $100 billion in assets. Vista Eq ...
from
Automatic Data Processing Automatic Data Processing, Inc. (ADP) is an American provider of human resources management software and services, headquartered in Roseland, New Jersey. History In 1949, Henry Taub founded Automatic Payrolls, Inc. as a manual payroll processin ...
.


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. In 2003, Taxware acquired TaxSolver from ATX and in 2006, First Data Corps sold Taxware to
Automatic Data Processing Automatic Data Processing, Inc. (ADP) is an American provider of human resources management software and services, headquartered in Roseland, New Jersey. History In 1949, Henry Taub founded Automatic Payrolls, Inc. as a manual payroll processin ...
(ADP). In December 2012 Taxware was acquired by
Vista Equity Partners Vista Equity Partners Management, LLC is an American private equity firm that invests in software, data, and technology-enabled businesses. It is one of the largest private equity firms in the world, managing over $100 billion in assets. Vista Eq ...
. 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

{{reflist 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