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Payroll Tax

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Tax withholding software streamlining payments and returns for corporations.

Overview

Payroll Tax is a company that offers record-to-report accounting solutions, with a focus on improving the accuracy and efficiency of tax withholding payments and returns for large financial institutions and corporations. The company operates a cloud-based platform known as the Sovos Intelligent Compliance Cloud, which centralizes and automates multi-jurisdictional payments and reconciles returns for payroll, non-wage, and state unemployment taxes. This platform integrates with ERP systems to provide real-time insights into financial health, aiming to ensure compliance and mitigate the risk of penalties related to late or inaccurate filings. Additionally, Payroll Tax provides advanced analytics and reporting tools to assist finance teams in generating accurate financial statements and performance reports, which may support strategic decision-making.

Key facts

Founded
1994

Business model

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About Payroll Tax

What does Payroll Tax do?

Payroll Tax is a company that offers record-to-report accounting solutions, with a focus on improving the accuracy and efficiency of tax withholding payments and returns for large financial institutions and corporations.

Where is Payroll Tax headquartered?

Payroll Tax is headquartered in New York City, United States.

When was Payroll Tax founded?

Payroll Tax was founded in 1994.

Which sector is Payroll Tax in?

Payroll Tax operates in Finance & Accounting Technology, part of Financial Technology.

Who are Payroll Tax's competitors?

Companies similar to Payroll Tax include Symmetry, SureTax, and Avalara.