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TTR Provides State Departments of Revenue With Sales & Use Tax Solution

May 24 2013 12:00AM

Marketwire

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MCMINNVILLE, OR -- (Marketwired) -- 05/24/13 -- TTR, the industry leader in providing accurate, current, supported and easy to find sales and use tax answers, now provides tax answers to state agencies that administer sales and use taxes (typically called Departments of Revenue).

TTR is working with several state tax agencies toward the larger goal of simplifying the administration of sales and use tax answers nationally. TTR has created the first ever web-based state tax agency sales and use tax answer solution. Now, any state tax agency may quickly find sales and use tax answers, make adjustments to these answers, and maintain a comprehensive, but easy to use sales and use tax answer tool.

"One challenge we face is quickly training our staff on what is and isn't taxable. TTR's web-based solution allows us to bring in new resources and get them up to speed in no time." - State Agency Official

"This will really help us to be on the same page with taxpayers in our state." - State Agency Representative

"This is so much easier than the way we used to do things." - Another State Agency Official

TTR created the "State Tax Agency Library," with specific features that permit an agency to easily navigate and save sales or use tax information relevant to areas within their departments. Agencies may look up and store tax answers by industry, allowing them to easily locate information relevant to taxpayers in their state.

"This will significantly reduce the time it takes to get an answer to taxpayers in our state." - State Agency Tax Policy Head

"TTR's goal from the beginning was to provide the most comprehensive set of accurate and up to date sales and use tax answers available anywhere. At the end of the day though, TTR's success is measured by the positive audit results of our corporate clients. Providing a unique interface to a state tax agency is an essential step in ensuring that our corporate clients are using the same answers as the agency's audit staff. This will significantly reduce confusion, discrepancies, and time for all parties. State tax agencies care a great deal about taxpayers in their state, as evidenced by the high level of interest they have in signing up with TTR in order to simplify sales and use tax administration for themselves and their taxpayers." - Shon Holyfield, CEO of TTR, Inc.

About TTR

TTR (Transaction Tax Resources, Inc.) is the industry leader in providing accurate, current, supported and easy to find sales and use tax ANSWERS. Headquartered in McMinnville, Oregon, TTR maintains tax answers for over 5 million products and services. TTR created the first ever online solution for finding sales and use tax ANSWERS. TTR clients receive valuable tax ANSWER updates, not just notifications of when laws change. TTR provides unlimited support at no extra charge and provides audit defense assistance for all TTR tax ANSWERS -- an industry first. More information about TTR may be found at www.ttrus.com.



For More Information
TTR (Transaction Tax Resources, Inc.)
www.ttrus.com
866.578.8193





Source: Marketwire


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