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Tax Compliance, Inc. Acquires the PTS Corporate(R) Property Tax Software Formerly Marketed by Burr Wolff, L.P.


SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay.  -- Tax Compliance, Inc. (TCI (Trustworthy Computing Initiative) An umbrella term from Microsoft for its efforts to improve security in Windows. TCI was announced in 2002 after viruses such as Code Red and Nimda had succeeded in attacking numerous Windows computers. ), a subsidiary of MLM MLM Multi-Level Marketing
MLM Mailing List Manager
MLM Marxism-Leninism-Maoism
MLM Mid-Level Manager
MLM Medical Liability Monitor (newsletter)
MLM Multi-Longitudinal Mode
MLM Military Liaison Mission
 Information Services See Information Systems. , has acquired the PTS PTS

put to sleep; a common euphemism for euthanasia, but also used to describe general anesthesia.
 Corporate([R]) property tax compliance software from the bankruptcy trustee overseeing the estate of Burr Wolff, L.P. TCI, through its flagship software product, Property Tax Management System ("PTMS PTMS Property Tax Management System
PTMS Plans, Training, Mobilization and Security (military hospital staff office)
PTMS Power Thermal Management System (aerospace) 
"), is the leading provider of corporate property tax compliance software. PTS Corporate([R]) is in use by many of the nation's leading corporations in the airline, oil and gas, retailing, and telecommunications industries. Together, PTMS and PTS Corporate([R]) meet the compliance needs of more than 600 corporations and outsource service providers.

"We are pleased to welcome the PTS Corporate([R]) clients to TCI. Many of them are already clients of CORPTAX, MLM's market-leading provider to corporate income tax departments. This successful outcome for these clients is a result of MLM's commitment to the corporate tax market, our significant financial resources, and the capabilities of the TCI team," said Mason Slaine, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of MLM.

"TCI looks forward to supporting the PTS Corporate([R]) clients so they can complete their filings for the current compliance season," said Scott Strauss, TCI's CEO. "PTS Corporate([R]) has many useful features and functions that TCI is incorporating into PTMS to facilitate the smooth transition of PTS Corporate([R]) users to PTMS. Even before TCI's acquisition of the PTS Corporate([R]) software, more than 25 PTS Corporate([R]) clients had already transitioned to PTMS in the past several months, further solidifying TCI's position as the leading property tax software vendor."

Several former key members of the Burr Wolff staff have also joined TCI. Mike Mulinix, Judy Boatman, Anna Williams Anna Williams may refer to the following people:
  • Anna Wessels Williams was a pioneering female doctor and bacteriologist who helped develop the diphtheria antitoxin.
  • Anna Williams (Tekken) is a fictional character for the Tekken video game series.
 and Lisa Cook were hired specifically for their strong knowledge of the PTS Corporate([R]) software and their abilities to provide support, training, and consulting services. Judy Boatman commented, "We are working hard to ensure the smooth transition of PTS Corporate([R]) clients to PTMS and to build a long-term relationship with each client so that we can meet their individual requirements."

About Tax Compliance, Inc.

Tax Compliance, Inc. develops, markets, and supports Property Tax Management System (PTMS), a highly automated real and personal property tax compliance software system currently used by more than 500 corporations, including 45 Fortune 100[R] corporations. PTMS allows its users to manage the valuation of their real and personal property to ensure they pay the lowest legal tax while also reducing their cost of tax compliance. The software is backed by a one-year, 100% money back guarantee. The benefits of PTMS are also available through a TCI-hosted (ASP) format and on an outsource basis through more than 50 outsource service providers licensed to use PTMS. For more information, visit www.taxcomp.com.

About MLM Information Services

MLM Information Services, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, is a leading provider of corporate tax solutions through its wholly-owned subsidiaries Tax Compliance, Inc. (www.taxcomp.com) and CORPTAX, LLC (www.corptax.com). MLM is owned by Warburg Pincus, one of the world's largest private equity firms, and by Mason Slaine. Mason Slaine has successfully grown several businesses into market leaders, including Thomson Financial Thomson Financial

A major provider of information, analytical tools, and consulting services to the financial community. The firm, a division of Thomson Corporation, is best known to investors for its First Call segment, which publishes consensus earnings
 and most recently Information Holdings, Inc.

Copyright 2007 by Tax Compliance, Incorporated. All rights reserved. Tax Compliance, Inc., the Tax Compliance, Inc. logo, "Property Tax Management System" and "PTMS" are registered trademarks of Tax Compliance, Incorporated. All other trademarks are properties of their respective owners.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 27, 2007
Words:557
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