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What is Taxwire?

Taxwire is a cutting-edge platform powered by AI that optimizes the global sales tax compliance process within various financial, billing, commerce, and accounting systems. It enables businesses to effectively monitor tax risks by identifying nexus across different jurisdictions, conducting taxability assessments, and generating thorough compliance audits, all backed by advanced software tools and professional insights. The platform's capability to automatically assign products to the appropriate tax laws ensures that exemptions, complex situations, and unique cases are accurately handled for precise classification in every area. Moreover, Taxwire provides real-time and highly precise tax rate calculations through advanced geocoding and jurisdiction resolution, facilitating accurate tax collection during transactions, invoicing, and across multiple sales platforms. It also manages registrations and back-filings, automating tax filing and payment processes while offering a centralized inbox for tax alerts and notices, which includes automatic triaging and expert reviews. This holistic approach not only streamlines compliance but also significantly boosts operational efficiency for companies dealing with the intricate landscape of sales tax regulations, ensuring they remain up to date and compliant with changing laws. Ultimately, Taxwire supports businesses in focusing on their core operations while minimizing the burdens associated with tax compliance.

What is Sovos?

Sovos stands as an international leader in delivering tax, compliance, and trust solutions that empower businesses to confidently navigate a complex regulatory landscape. With over 100,000 clients spanning more than 100 countries, including a significant portion of the Fortune 500, Sovos is a trusted partner for compliance solutions. The company processes upwards of three billion transactions each year across 19,000 tax jurisdictions worldwide. Supported by an extensive partner network comprising over 400 members, Sovos offers a matchless global resource for businesses across diverse industries and regions. Established in 1979, Sovos has expanded its operations throughout the Americas and Europe, and currently operates under the ownership of Hg and TA Associates. With a commitment to innovation, Sovos continues to adapt to the evolving needs of its clients, solidifying its position as a key player in the compliance landscape.

Media

Media

Integrations Supported

NetSuite
1099Pro
Advantage
Amazon
Chargebee
Esker
Fastfill
Greenshades
Maxio
Microsoft Dynamics 365
QuickBooks Online
ReportMyUP
Rillet
SAP Business One
SAP Cloud Platform
SAP S/4HANA
Salesforce
ShipCompliant
Stripe
TINCheck

Integrations Supported

NetSuite
1099Pro
Advantage
Amazon
Chargebee
Esker
Fastfill
Greenshades
Maxio
Microsoft Dynamics 365
QuickBooks Online
ReportMyUP
Rillet
SAP Business One
SAP Cloud Platform
SAP S/4HANA
Salesforce
ShipCompliant
Stripe
TINCheck

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Taxwire

Date Founded

2023

Company Location

United States

Company Website

www.taxwire.com

Company Facts

Organization Name

Sovos

Date Founded

1979

Company Location

United States

Company Website

sovos.com

Categories and Features

Sales Tax

Address Validation
Audit Trail
Consumer Use Tax
Exemption Management
Tax Calculator
Tax Filing
Taxability Verification
Transaction Tracking
Value Added Tax (VAT)

Categories and Features

Corporate Tax

Compliance Management
Data Import / Export
Data Verification
Electronic Filing
Exception Notification
For Nonprofits
For Partnerships
K-1 Reporting
Payroll & Employer Forms
Status Tracking
Tax Planning

Crypto Tax

Automated Data Import
Exchange Integration
Export Transactions
Historical Prices
Income Overview
Margin & Futures Support
Profit & Loss / Cap Gains
Staking / Lending / DeFi Support
Tax Form Generation
Tax Loss Harvesting
Wallet Integration

Sales Tax

Address Validation
Audit Trail
Consumer Use Tax
Exemption Management
Tax Calculator
Tax Filing
Taxability Verification
Transaction Tracking
Value Added Tax (VAT)

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