NEW YORK (Oct. 28, 2015) – CPA.com (the AICPA subsidiary) today announced a strategic alliance with Vertex SMB, a leading provider of cloud-based sales and use tax technology solutions for small to medium-sized businesses.
Businesses that sell online or operate in multiple states can find it daunting to stay compliant with ever- changing regulations from a host of jurisdictions and taxing authorities. Vertex SMB’s tax calculation and returns platform helps CPA firms and their clients manage their tax compliance obligations.
“We know CPAs and their clients are facing increasing complexity related to calculating and remitting state sales taxes,” said Erik Asgeirsson, president and CEO of CPA.com. “To help firms successfully manage this complexity for their clients, we are launching a cloud-based tax compliance platform with Vertex SMB.”
Vertex SMB is a business division of Vertex Inc., which provides tax technology solutions to nearly half of the Fortune 1000. The Vertex SMB solution runs on the same advanced software platform that those larger enterprises use, although one tailored for ease of use by smaller companies. A pay-as-you-go pricing model with no long-term contracts ensures that businesses only pay for what they actually use each month.
“Our platform greatly simplifies tax calculation and remittance, and provides easy-to-read dashboards that give CPAs and their clients a detailed view of a business’ compliance process,” said David Henkin, vice president and general manager of Vertex SMB. “This alliance is a strategic pairing of premier industry leaders dedicated to serve the CPA profession. We are incredibly excited about this relationship.”
Vertex SMB will become part of CPA.com’s Partner Solutions, a lineup of best-in-class tools and services that CPA firms can offer clients seeking business efficiency, flexibility and better financial insight into their operations. For more information, visit cpa.com/partners.
CPA.com empowers CPAs and businesses for the digital age. The company offers a growing list of digital products and services that help firms succeed in practice management, client advisory services and professional development.
CPA.com is a subsidiary of the American Institute of CPAs, the world's largest member organization representing the accounting profession, and operates such leading websites as the AICPA Store, AICPA.org and IFRS.com.
The company has its headquarters in New York City and offices in Silicon Valley, Calif., Dexter, Mich., and Durham, N.C. For more information, visit CPA.com.
About Vertex SMB
Vertex SMB, a business division of Vertex Inc., helps automate sales and use tax compliance for small to medium-sized businesses. By enabling calculations and returns in a single, cloud-based solution, offering flexible service levels and featuring attractive pay-as-you go pricing with no upfront fees, Vertex SMB meets the sales and use tax automation needs of growing businesses.
Vertex SMB is built upon Vertex Inc.’s more than 35 years of tax expertise and position as the leading provider of corporate tax software and services. With Vertex SMB, growing businesses can realize the benefits of performing sales and use tax processes on the most advanced calculation and returns software platform in the industry. The solution is available for use as a stand-alone solution or integrated directly with mid-market ERPs and ecommerce platforms. From returns-only processing, tax calculations, and signature-ready PDF returns to outsourcing services that include returns filing and payment processing, Vertex SMB provides a proven and reliable solution for businesses looking to save time, effort, and risk associated with sales and use tax calculation, returns, remittance, and compliance. For more information on Vertex SMB, please visit www.vertexSMB.com. For more information on Vertex Inc., please visit www.vertexinc.com.