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Thomson unit RIA acquires Tax Partners LLC.


In related news, RIA (Rich Internet Application) A Web-based application that approaches the speed and elegance of a local application. An RIA may refer to a browser-based application that uses AJAX or another enhanced coding technique.  (New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
), a division of the Thomson Corp., has acquired Tax Partners LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 (Atlanta, GA), a provider of sales and use tax Sales and use tax refers to:
  • Sales tax
  • Use tax
 compliance services to companies in the U.S. No terms of the deal were given.

Tax Partners uses proprietary technology to provide clients with state and local tax compliance solutions. The company's services include Telecom Tax Compliance, Leasing Tax Compliance, Retail Tax Compliance and Manufacturing Tax Compliance. In 2004, Tax Partners filed more than 540,000 tax returns and remitted $7.5 billion in taxes for its clients. The company will become a part of RIA Compliance, a unit of Thomson Tax & Accounting Corporate Markets.

With the purchase, Thomson said that "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." The deal "enables us to offer and end-to-end solution (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved.

Compare: turn-key solution.
 to our clients," the company said.

Thomson Tax & Accounting provides technology and information solutions to accounting, tax, and corporate financial professionals in accounting firms, corporations, law firms and government.
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Comment:Thomson unit RIA acquires Tax Partners LLC.
Publication:Business Publisher
Article Type:Brief Article
Geographic Code:1CANA
Date:Apr 30, 2005
Words:193
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