VertexSMB has introduced a returns-only product for its cloud-based sales tax application. The new product enables businesses to import tax data from any financial system to generate returns. The company says accounting firms can use the system to prepare clients' sales and use tax filings. After setting up a VertexSMB account, users can export tax data into an adjustment file and upload it into the cloud application, which will automatically populate date forms and produce signature-ready PDF returns.

Sage has joined the Open Invention Network, a group that promotes and defends Linux. I didn't remember the words "Sage" and "Linux" appearing together before and did a search for the word on the company's website and the only result was the press release announcing this agreement. Sage had a prior agreement to be able to embed MySQL into its products.

Thomson Reuters has integrated its OneSource tax line with Dynamics GP. Onesource Indirect Tax Integration enables GP users to calculate U.S. sales tax, Canadian Goods and Services Tax and other Canadian provincial sales taxes. Data moves from the financial software package to the OneSource engine, which automatically evaluates each invoice line, calculates the appropriate tax and returns the results to GP for planning and reporting.

SilverSun, parent of Sage reseller SWK Technologies, has priced its public offering of stock and warrants. The company is offering 471,142 shares at $4.24 per share and 235,571 warrants to purchase common stock at one cent each for warrants, which have an exercise price of $5.34 per share, exercisable until five years from issuance. The issue is a best efforts offering which could result in net proceeds of slightly less than $1.4 million.