Avalara (NYSE: AVLR), a provider of tax compliance automation software for businesses of all sizes, has acquired Track1099 LLC, a company that provides online software and services for managing, e-filing, and e-delivering IRS forms, including 1099s, W-2s, W-9s, and more.
“1099 and employee tax documentation is a resource-intensive process for businesses of all sizes. Adding 1099s, W-9s, and other forms to our compliance documents portfolio further extends the value we can provide to customers to manage their end-to-end compliance,” said Jayme Fishman, EVP of Corporate Development at Avalara. “By integrating Track1099’s capabilities into our compliance document management suite, Avalara can support and automate additional annual requirements for our customers.”
“This acquisition creates new opportunities for our team to support our valued clients across a broader range of federal and state compliance requirements,” said Lindsey West, CEO and founder of Track1099. “As part of Avalara, we will continue to streamline the burdensome and ever-changing 1099 filing season for businesses and tax professionals.”