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ADP Extends its Sales and Use Tax Outsourced Returns Solution - Enhanced Outsourced Returns Solution now interfaces with any tax collection system and reduces the burden associated with time-consuming tax filing processes (NASDAQ: ADP)
ADP Extends its Sales and Use Tax Outsourced Returns Solution

 

NewswireToday - /newswire/ - Roseland, NJ, United States, 2011/04/04 - Enhanced Outsourced Returns Solution now interfaces with any tax collection system and reduces the burden associated with time-consuming tax filing processes (NASDAQ: ADP). NASDAQ: ADP

   
 
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ADP ®, a leading provider of human resource, payroll, and benefits administration services, today announced it has expanded its existing sales and use tax calculation and outsourced returns filing services to accommodate businesses that are just looking for outsourced returns. With the ADP Sales and Use Tax Outsourced Returns Solution, businesses can maintain their existing sales and use tax configuration, tax calculation and tax collection processes while reducing the burden associated with monthly tax filing. Businesses can transmit data files from any of their existing accounting systems, and ADP will prepare and file tax returns and securely remit funds to more than 13,000 state and local governments nationwide.

“With demand for outsourced returns accelerating and the complexity of the tax compliance process increasing, businesses are turning to ADP sales and use tax solutions more than ever before. ADP’s reputation and 30-year experience in this market can help these companies comply with multiple sales tax regulations across the United States,” said Bob Levis, Division Vice President and General Manager of ADP’s Sales, Use and Value-Added Tax business.

This offering allows ADP to take the majority of the burden off the business while performing automation of the sales tax filing process, reducing operating risk and compliance costs. ADP studies show that mid-size companies that manage sales and use tax in house spend on average $81,000 each year on penalties and interest, while businesses that outsource sales and use tax returns only pay on average $45,000 annually in penalties and interest.

“With its Sales and Use Tax Outsourced Returns Solution, ADP has simplified the sales tax process for our organization,” said Marty Sperry, Corporate Controller at New Sunshine. “Its efficient tax filing and payments services as well as vital back-end support, allow us to focus our internal resources on value-added activities, and we appreciate the security that the process automation provides.”

ADP Sales and Use Tax Outsourced Returns Solution helps ADP deliver:

• Automation of tax-filing processes;
• The ability to combine data from companies’ current accounting system(s) to generate tax returns;
• Maintenance of 1,200 annual tax form changes and any emerging new tax forms;
• Risk mitigation for audits resulting from late filing and the remittance of tax;
• Management of agency notices, amendments and abatements;
• Minimal business interruption.

A webinar showcasing ADP’s integration of its Sales and Use Tax Outsourced Returns Solution will be held on April 5, 2011 at 12:00 pm. Eastern.

About ADP
Automatic Data Processing, Inc. (ADP.com), with nearly $9 billion in revenues and about 550,000 clients, is one of the world's largest providers of business outsourcing solutions. Leveraging over 60 years of experience, ADP offers a wide range of HR, payroll, tax and benefits administration solutions from a single source. ADP's easy-to-use solutions for employers provide superior value to companies of all types and sizes. ADP is also a leading provider of integrated computing solutions to auto, truck, motorcycle, marine and recreational vehicle dealers throughout the world. For more information about ADP or to contact a local ADP sales office, reach us at 1 (800) 225-5237 or visit the company's website.

For more information, contact:
Nora Hayes, Weber Shandwick for ADP
P: (952) 346-6164 / E: nhayes[.]webershandwick.com.

 
 
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ADP Extends its Sales and Use Tax Outsourced Returns Solution

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