TrustfileAvalara has issued a major update to its Trustfile tax return software. The company claims the new version can cut the time needed to prepare sales tax returns to as little as five minutes. With a cloud version made available this year, the latest edition provides businesses with fully populated signature-ready tax return forms based on uploads of their sales and tax collection data in .CSV format.

TrustFile, which supports signature-ready returns in several states, expects the capability to be available nationwide early next year. The company, purchased by Avalara in 2007, also intends to add electronic filing in the first half of 2015. On its website, https://trustfile.com, TrustFile also notes, "We're moving all the functionality TrustFile users have enjoyed for years to the cloud."

Last modified on Friday, 03 October 2014
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