Burr Wolff and ATX Inc. Align to Offer Seamless Sales & Use Tax Transaction Processing Software.Business Editors/High-Tech Writers HOUSTON & CARIBOU Caribou, town, United States Caribou (kâr`ĭb  ), town (1990 pop. 9,415), Aroostook co., NE Maine, on the Aroostook River; inc. 1859. , Maine--(BUSINESS WIRE)--June 11, 2002 Burr burr (bur) bur. burr n. Variant of bur. burr 1. a plant seed capsule carrying many hooked structures which catch in animal coats thus promoting dissemination of the plant. Wolff and ATX See ATX motherboard. (hardware, standard) ATX - An open PC motherboard specification by Intel. ATX is a development of the Baby AT specification with the motherboard rotated 90 degrees in the chassis. Inc. have formed an alliance that offers clients a comprehensive sales & use tax determination and compliance solution combining Burr Wolff's STS (Synchronous Transport Signal) The electrical equivalent of the SONET optical signal. In SDH, the European counterpart of SONET, STS is known as STM (Synchronous Transport Module). Corporate(TM) with ATX's TaxSolver for Transaction Taxes. With this alliance, clients can now access a new STS Corporate module, STS TaxSolver. This product combination provides all the power of STS Corporate, one of the nation's leading automated sales & use tax determination systems, and TaxSolver, the most advanced corporate tax compliance system designed to complete tax compliance filings for all U.S. taxing jurisdictions. "Our collective resources insure that corporate tax departments can not only determine and comply with sales & use tax requirements but also complete and file timely returns," says Glynn Willett, co-founder of ATX Inc. "We're supplying tax managers the ultimate tax information data mart A subset of a data warehouse for a single department or function. A data mart may have tens of gigabytes of data rather than hundreds of gigabytes for the entire enterprise. See data warehouse. ." The combination of STS Corporate and ATX TaxSolver provides corporations a seamless database framework for determining tax on 100% of the transactions passing through the purchasing cycle of the accounting system, reconciling tax transaction data to general ledger General Ledger A company's accounting records. This formal ledger contains all the financial accounts and statements of a business. Notes: The ledger uses two columns: one records debits, the other has offsetting credits. accrual totals, and electronically processing and filing sales & use taxes in the appropriate tax jurisdiction. Companies now have a better way to minimize tax liabilities for purchases, manage audits, reduce exposure, lower costs, and file returns in a timely and efficient manner through a managed tax solution, freeing the corporate tax department to focus proactively on other job functions. "Burr Wolff has been searching for a partner to enhance the robustness of our sales and use tax Sales and use tax refers to:
For additional background information on STS Corporate, contact Mark Pickle pickle, general term for fruits or vegetables preserved in vinegar or brine, usually with spices or sugar or both. Vegetables commonly pickled include the beet, cabbage, cauliflower, cucumber, olive, onion, pepper, and tomato. at Burr Wolff at 713/986-5981. For additional background information on ATX Tax Solver, contact Tim Walsh at ATX Inc. at 866/289-4536 x 40490. About STS Corporate STS Corporate(TM) is one of the nation's leading corporate sales & use tax determination systems. The system removes the human element from the initial tax determination process by examining and determining tax on 100% of transactions passing through the purchasing cycle of the accounting system. Distributions are analyzed and taxability is determined in the background while accounts payable or other purchasing personnel continue to perform their routine functions. The system covers all industries, including utility, telecommunications, and oil and gas sectors, and integrates well with any accounting or fixed asset system. STS Corporate provides companies with a better way to minimize tax liabilities, manage audits, reduce exposure, and lower their sales & use tax costs tax costs n. a motion to contest a claim for court costs submitted by a prevailing party in a lawsuit. It is called a "Motion to Tax Costs" and asks the judge to deny or reduce claimed costs. . About TaxSolver for Transaction Tax TaxSolver for Transaction Tax is the most advanced corporate tax compliance system designed to complete tax compliance filings for all U.S. taxing jurisdictions. It supports reconciling tax transaction data to general ledger accrual totals, user defined Any format, layout, structure or language that is developed by the user. allocations of taxes, processing taxes from unknown jurisdiction, rate overrides, processing credits and held taxes, processing exemptions and deductions, custom integration with accounts payable systems for processing checks and EFTs, capture of amounts on the face of the returns for integration into the TaxSolver data mart and more. Specialty versions of the system are available for telecom, utility and leasing companies. About ATX Inc. Two brothers, Glynn and Steve Willett in Washburn, Maine Washburn is a town in Aroostook County, Maine, United States. It was incorporated on February 25 1861, and named after Israel Washburn, the governor of Maine at the time. As of the 2000 census, the population was 1,627. , founded ATX INC. in 1992. Today, ATX is a leading producer of software for the tax professional, and employs hundreds of people at two offices in northern Maine and one in Florida. For four years in a row, Inc. Magazine has designated ATX one of the fastest growing companies in America. For more information on ATX or its products, visit www.ATXinc.com. About Burr Wolff Burr Wolff is one of the nation's leading full-service providers of state & local tax consulting, appeals and recovery services, property tax compliance outsourcing, and enterprise tax software. With more than 175 associates nationwide, the firm serves more than 1,000 clients including leading Fortune-ranked organizations. Burr Wolff, the expert at minimizing and recovering taxes for its customers, is also the developer of PTS PTS put to sleep; a common euphemism for euthanasia, but also used to describe general anesthesia. Corporate(R), America's foremost property tax software, and STS Corporate(TM), a leading sales & use tax determination software system for purchase transactions. For more information about Burr Wolff's products and services, call 713/986-5000 or visit our Web site at www.burrwolff.com |
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