Latest news with #1099
Yahoo
a day ago
- Business
- Yahoo
Avalara introduces APIs for 1099 & W-9 automation
Avalara, a provider of tax compliance automation software, has launched new APIs for its 1099 & W-9 solution. These APIs are designed to help companies integrate 1099 and W-9 compliance workflows into their existing business platforms, thereby automating manual and time-consuming processes. Using the new APIs, businesses can collect W-9 forms from vendors, validate tax IDs against IRS databases, confirm mailing addresses with the US Postal Service, electronically file 1099 forms with the IRS and states, and deliver recipient copies, all from a centralised platform. The aim is to save time and improve resource allocation by automating the entire compliance process, stated Avalara. The process begins with a company's business platform, where Avalara's APIs can transmit requests for W-9s from vendors and instructions for processing IRS forms. Custom instructions determine the compliance workflow steps, such as tax ID matching with the IRS, address validation, and e-filing to states. Avalara's system then executes these steps, bringing together the business, vendors, and the IRS. Additionally, the APIs can automatically deliver updates on IRS filing statuses back to the company's original business platform. These updates can trigger further actions, such as text alerts or vendor communications. Key features of the APIs include on-demand system access, a single workflow for streamlined operations, no direct IRS engagement required, and improved accuracy and efficiency through automation. Avalara general manager of Accelerator Businesses Kevin Halverson said: "Avalara files millions of 1099s with the IRS and state tax authorities each year on behalf of our customers." "Our new APIs offer customers increased flexibility to connect with their existing systems to fully automate their W-9 collection and 1099 filing, provide our technology partners with the ability to embed our services within their own offering, and demonstrate our commitment to expansion in the 1099 and W-9 compliance market." In April 2025, Avalara was in the news for the appointments of Sydney Carey as its CFO and Karyn Smith as its chief legal officer. "Avalara introduces APIs for 1099 & W-9 automation" was originally created and published by International Accounting Bulletin, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27-05-2025
- Business
- Yahoo
Best Accounting Software for Small Business (May 2025): QuickBooks Online Selected As The Industry Standard Accounting Software by Better Business Advice
Better Business Advice has named QuickBooks Online the industry standard accounting software for small businesses in its May 2025 review NEW YORK CITY, May 27, 2025 (GLOBE NEWSWIRE) -- Better Business Advice has named QuickBooks Online the industry standard accounting software for small businesses in its May 2025 review, recognizing its practical automation, real-time financial insights, and extensive integration capabilities. Industry Standard Accounting Software for Small Businesses QuickBooks Online - supports smarter financial management for small businesses with tools designed to simplify accounting, improve accuracy, and save time. From May 13 through June 30, 2025, new customers can access QuickBooks Online at a significantly reduced rate, with 90% off the first three months of service. Developed by Intuit, QuickBooks Online has long been a trusted financial tool for small business owners across the U.S. and beyond. The platform's latest recognition by Better Business Advice highlights how well it meets the daily challenges of entrepreneurs, including staying on top of cash flow, managing invoices, and preparing for taxes. Its accessible interface, smart automation, and ability to integrate with over 750 third-party tools were key factors in its top ranking. Meeting the Modern Needs of Small Businesses Today's small business owners need accounting solutions that are flexible, accurate, and easy to use. QuickBooks Online addresses these needs through a wide range of features designed to save time and reduce manual entry. Whether users are tracking expenses, sending invoices, or reviewing monthly reports, the platform offers streamlined tools to simplify every step. Key Highlights of QuickBooks Online Bank and Credit Card Integration: Automatically syncs and categorizes transactions, reducing the need for manual entry and helping maintain accurate records. AI-Powered Support: Recommends expense categories, flags duplicate transactions, and provides guidance with built-in smart assistance. Custom Invoicing and Payments: Users can send branded invoices and accept payments online, with features for recurring billing and payment tracking. Real-Time Dashboards: Visual financial summaries and customizable reports help business owners stay informed and prepared for tax season. Mobile App Access: Lets users capture receipts, send invoices, track mileage, and review reports from their smartphones or tablets. Payroll and Contractor Management: Optional payroll services and 1099 contractor tools help simplify compliance throughout the year. These are just a few of the many features QuickBooks Online offers. The platform is built to support a wide range of financial tasks and business models, making it a versatile solution whether it's for managing a solo operation, a growing team, or a complex workflow. Designed to Work with the Tools Small Businesses Already Use One of the most practical benefits of QuickBooks Online is its ability to integrate with hundreds of platforms that small businesses depend on every day. These include: E-commerce platforms like Shopify, Amazon, and Square Payment processors such as PayPal and Stripe CRM and marketing platforms including HubSpot, Salesforce, and Mailchimp Tax tools like TurboTax and Avalara Cloud storage and productivity apps including Microsoft 365, Google Workspace, and Dropbox These integrations create a connected financial system that minimizes data entry and keeps information accurate across platforms. Pricing and Limited-Time Offer QuickBooks Online offers these plans: Simple Start, Plus, and Advanced. Each plan has varying levels of support and functionality to serve everyone from freelancers to growing teams. From May 13 through June 30, 2025, new customers can receive 90% off for the first three months. This offer gives business owners an opportunity to try out the platform's features at a significantly reduced rate during a key financial planning period. A Trusted Platform for Small Business Financial Management QuickBooks Online continues to meet the needs of small businesses in a competitive and fast-changing environment. By combining automation with flexibility, it enables business owners to make informed financial decisions while keeping daily operations organized. Its top ranking by Better Business Advice reinforces QuickBooks Online's position as the industry standard for reliable, accessible accounting solutions tailored to small businesses of all kinds. The full article is available at the Better Business Advice website. About QuickBooks Online QuickBooks Online is a cloud-based accounting software platform built by Intuit to help small businesses manage their finances with confidence. From tracking income and expenses to preparing invoices, running payroll, and generating reports, QuickBooks Online offers tools that simplify everyday financial tasks. The platform is accessible from any device and integrates with hundreds of popular apps, supporting efficient workflows and accurate financial insights. Millions of businesses around the world use QuickBooks Online to stay organized and plan for growth. About Better Business Advice: Better Business Advice is a business advice website dedicated to helping businesses succeed. As an affiliate, Better Business Advice may earn commissions from services mentioned in the links provided. The information provided by Better Business Advice does not, and is not intended to, constitute legal advice; instead, all information, content, and materials are for general informational purposes only. CONTACT: Drew Thomas (press@ in to access your portfolio
Yahoo
14-05-2025
- Business
- Yahoo
AAM Partners with Wilshire to Expand Distribution of the Wilshire Private Assets Fund
Multi-strategy private markets fund provides investors with streamlined access to private equity, private credit, and real assets MONUMENT, Colo. and NEW YORK, May 14, 2025 /PRNewswire/ -- Advisors Asset Management (AAM), a leading investment solutions provider, and Wilshire, a leading global financial services firm, announced today a partnership for AAM to be the sole external sales distributor of the Wilshire Private Assets Fund (WPAFX) in the U.S. "AAM is thrilled to partner with Wilshire to bring the Wilshire Private Assets Fund to a broader audience of financial professionals," said Cliff Corso, CEO and CIO at AAM. "This collaboration aligns perfectly with our mission to make high-quality private markets investments more accessible to investors. Wilshire's deep expertise across a broad spectrum of private markets solutions make them an ideal fit to achieve that goal." Incorporating private markets in portfolios provides several potential benefits including diversification, enhanced income and the potential to amplify return. The Wilshire Private Assets Fund is an all-in-one private markets allocation, bringing Wilshire's best ideas that feature the same type of managers and strategies the firm delivers to its institutional clients. The fund is structured as an interval fund with investor and advisor friendly features including daily NAV, daily subscription via a ticket, low minimums and 1099 tax reporting. "Wilshire has witnessed firsthand the advantages of implementing a diversified private markets portfolio. Once exclusively available to large institutional investors, these strategies are now accessible to a broader range of investors through innovative product structures," said Jason Schwarz, CEO at Wilshire. "The Wilshire Private Assets Fund harnesses Wilshire's three decades of private markets expertise, offering a solution tailored for the RIA market. We're thrilled to partner with AAM's world-class team to distribute the Wilshire Private Assets Fund." The Wilshire Private Assets Fund focuses on building a well-diversified portfolio across core segments of the private markets, including private equity, private credit, and real assets. The Fund targets high-conviction opportunities sourced through Wilshire's deep relationships and rigorous due diligence process, emphasizing access to top-tier managers and funds that have historically been limited to large institutions. Its investment approach is designed to be opportunistic and flexible and will seek both long-term capital appreciation and current income through allocations to yield-generating private credit and income-oriented real assets. By blending primary fund commitments, secondary market opportunities, and select co-investments, the Fund aims to optimize liquidity, enhance diversification, and manage risk while capitalizing on trends and dislocations that are often less correlated with public markets. About Advisors Asset ManagementFor over 45 years, AAM has been a trusted resource for financial professionals. The firm offers access to alternatives, exchange-traded funds, fixed income markets, managed accounts, mutual funds, structured products, and unit investment trusts. AAM is a part of SLC Management, the institutional alternatives and traditional asset management business of Sun Life. For more information, visit For the one-year period ending December 31, 2024, AAM facilitated over $32 billion in combined sales and investments through 15,300 financial professionals industry-wide who accessed AAM's investment solutions platform.* *Of the $32 billion, approximately $7 billion were Exchange-Traded Fund (ETF), Managed Account (SMA), Mutual Fund, and Unit Investment Trust (UIT) assets, while $25 billion was in Fixed Income securities, including bonds and Structured Products. Advisors Asset Management, Inc. (AAM) is a SEC-registered investment advisor and member FINRA/SIPC. | Registration does not imply a certain level of skill or training. | 18925 Base Camp Road | Monument, CO 80132 For more information, visit | X (Twitter): @aamlive | LinkedIn: About WilshireWilshire is a leading global financial services firm and trusted partner to a diverse range of approximately 300 leading institutional investors and financial intermediaries who rely on the firm to help improve investment outcomes for a better future. Wilshire advises on over $1.5 trillion in assets and manages $123 billion in assets as of December 31, 2024.* Wilshire is headquartered in the United States with offices worldwide. More information on Wilshire can be found at *Assets under advisement refers to the total amount of assets (inclusive of assets under management) attributable to all of Wilshire's advisory relationships, including various consulting and advisory relationships for which Wilshire provides investment advisory services without engaging, on either a discretionary or non-discretionary basis, in the direct management of a client's portfolio. Assets under management refers to the amount of assets attributable to securities portfolios for which Wilshire provides discretionary and non-discretionary asset management services and is calculated differently than "regulatory assets under management." CRN: 2025-0506-12549 R MEDIA CONTACTS For Advisors Asset ManagementMatthew BonoJConnelly(973) 590-9110mbono@ For Wilshirepro-wilshire@ Investing involves risk, including the possible loss of entire principal. Past performance is not indicative of future results. There is no guarantee that investment objectives will be achieved. Diversification neither guarantees a gain nor protects against a loss. Nothing presented should be construed as a recommendation to purchase or sell any security or follow any investment technique or strategy. No guarantee or representation is made that a Fund will achieve its investment objective, and investment results may vary substantially from year to year. Additional risks of investing in a Fund are set forth in the Fund's offering documents. This is neither an offer to sell nor a solicitation of an offer to buy the securities described herein. Only a prospectus for Wilshire Private Assets Fund can make such an offer. Carefully consider the Fund's investment objectives, risk factors, charges, and expenses before investing. This and other information can be found in the Fund's prospectus, which may be obtained by calling +1 855 520 7711. Investors should read the prospectus carefully before investing. Investment in the Fund may be made only by entities or natural persons that are "accredited investors" within the meaning of Regulation D under the 1933 Securities Act. The form of investment structure for this product is commonly known as a "master feeder" structure. The Wilshire Assets Markets Fund (the "WPA Fund" or the "Feeder Fund") invest substantially all of its assets in Wilshire Private Assets Master Fund (the "Master Fund"). The Master Fund and the Feeder Fund (each, a "Fund" and together, the "Funds") is a Delaware statutory trust registered under the Investment Company Act of 1940 ("1940 Act") as a non-diversified, closed-end management investment company. The Master Fund has the same investment objective and identical investment policies as those of the Feeder Fund. Therefore, the Feeder Fund's investment results will correspond directly to the investment results of the Master Fund. Certain risk factors below discuss the risks of investing in private markets investment funds ("Private Markets Investment Funds"). The Master Fund's investments generally will consist of investments in Private Markets Investment Funds. Accordingly, the Master Fund will be exposed to such risks directly through its investments in Private Markets Investment Funds. The Feeder Funds will be exposed to such risk indirectly through their investment in the Master Fund. Investments held in Private Markets Investment Funds may have liquidity constraints, and may not be suitable for all investors. The possibility that securities cannot be readily sold at approximately the price at which a portfolio has valued them may limit the Master Fund's ability to dispose of securities at a desirable time or price. No shareholder or other person holding shares acquired from a shareholder has the right to require a Fund to repurchase any shares. No public market for shares exists, and none is expected to develop in the future. Shares of the Master Fund may not be traded on any secondary market. Investors must have the financial ability, sophistication/experience, and willingness to bear the risks of an investment in Private Markets Investment Funds. Each Feeder Fund's principal office is located at One Freedom Valley Drive, Oaks, Pennsylvania 19456, and its telephone number is +1 855 520 7711. Wilshire Private Assets Fund is distributed by SEI Investments Distribution Co, One Freedom Valley Dr, Oaks, PA 19456, which is not affiliated with Wilshire or any of its affiliates. Third-party information contained herein has been obtained from sources believed to be reliable. Wilshire gives no representations or warranties as to the accuracy of such information, and accepts no responsibility or liability (including for indirect, consequential or incidental damages) for any error, omission or inaccuracy in such information and for results obtained from its use. Your financial advisor is responsible for reviewing your individual financial situation and needs to determine suitability of this or any investment program. THIS DOCUMENT IS FOR INFORMATIONAL PURPOSES ONLY AND SHOULD NOT BE RELIED UPON AS INVESTMENT ADVICE. View original content to download multimedia: SOURCE Advisors Asset Management Sign in to access your portfolio
Yahoo
13-05-2025
- Business
- Yahoo
Avalara to launch tour showcasing AI tax compliance offerings
Avalara, a provider of tax compliance automation software, has announced CRUSH on Tour, a series of free, one-day events to showcase its latest innovations to customers. The tour is set to kick off in Chicago on 18 June 2025, and New York City on 26 June, with more cities to be announced in the due course. The events will focus on Avalara's AI-driven solutions for simplifying global tax compliance targeting professionals in finance, tax, accounting, operations, and ecommerce. The latest series of events follows CRUSH 2024 held in Austin, Texas, where Avalara unveiled major upgrades to its AI-powered platform. Attendees will gain practical insights into the future of tax automation and see how Avalara is transforming indirect tax compliance. The company is automating global tariff classification and duty estimation using AI trained on billions of trade data points, simplifying e-invoicing and exemption certificate management with machine learning, and modernising W-9 and 1099 processes with complete automation. Avalara president Ross Tennenbaum said: 'Avalara's AI-first vision is transforming tax compliance into a strategic advantage. 'Our technology reduces complexity and manual work, helping businesses scale with confidence — no matter where they operate.' Each event will offer sessions led by Avalara leaders on AI, tax policy, and industry trends, discussions with customers and product experts, hands-on tool demonstrations, personalised one-to-one support and bring-your-own-device CPE training workshops. General admission is free, while a $99 All-Access Pass grants access to CPE-credit workshops and expert-led sessions. Avalara's solutions serve more than 41,000 business and government customers in more than 75 countries. "Avalara to launch tour showcasing AI tax compliance offerings" was originally created and published by International Accounting Bulletin, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12-05-2025
- Business
- Yahoo
Avalara Launches CRUSH on Tour to Spotlight AI-Powered Tax Compliance Solutions
New one-day events kick off June 18 in Chicago and June 26 in New York City DURHAM, N.C., May 12, 2025 /PRNewswire/ -- Avalara, Inc., a leader in modern tax compliance automation, today announced CRUSH on Tour, a new, free, one-day event series bringing Avalara's latest innovations directly to customers. The series debuts in Chicago on June 18 and New York City on June 26, with additional cities to follow. CRUSH on Tour is designed for professionals in finance, tax, accounting, operations, and ecommerce, offering practical insights into the future of tax automation — with a spotlight on Avalara's AI-backed breakthroughs that simplify global compliance. Register now at Expanding the CRUSH Experience Following the success of CRUSH 2024 in Austin, where Avalara unveiled sweeping upgrades to its AI-powered platform, CRUSH on Tour brings these innovations on the road. Attendees will see firsthand how Avalara is redefining indirect tax compliance by: Automating global tariff classification and duty estimation using AI trained on billions of trade data points Simplifying e-invoicing and exemption certificate management through machine learning models and advanced classification engines Predicting and validating tax codes at checkout with high accuracy Modernizing W-9 and 1099 processes with end-to-end automation Keeping businesses ahead of changing tax laws in complex jurisdictions across LATAM and APAC Leveraging more than 1,200 signed partner integrations, from ERP systems to ecommerce storefronts. Unlock Deeper Learning Each stop includes a full day of immersive learning and networking, featuring: Insight Sessions – Forward-looking talks from Avalara leaders on AI, tax policy, and industry trends Fireside Chats – Candid conversations with customers and product experts Product Pavilion – Hands-on demos of Avalara's latest tools Avalara Learning Lab – Personalized 1:1 support and tax automation guidance CPE Training Workshops – BYOD sessions for eligible attendees (All-Access Pass required) Networking Happy Hour – End the day with drinks and meaningful peer connections To accommodate busy professionals, each session and workshop is offered multiple times throughout the day, allowing attendees to customize their CRUSH experience. "Avalara's AI-first vision is transforming tax compliance into a strategic advantage," said Ross Tennenbaum, President of Avalara. "Our technology reduces complexity and manual work, helping businesses scale with confidence — no matter where they operate." General admission is free, while a $99 All-Access Pass to CRUSH on Tour provides access to CPE-credit training workshops and hands-on sessions with Avalara experts. Explore upcoming cities and register today at About Avalara Avalara makes tax compliance faster, easier, and more accurate, reliable, and valuable for 41,000+ business and government customers in over 75 countries. Tax compliance automation software solutions from Avalara leverage 1,200+ signed partner integrations across leading ecommerce, ERP, and other billing systems to power tax calculations, document management, tax return filing, and tax content access. Visit to improve your compliance journey. View original content to download multimedia: SOURCE Avalara, Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
