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Thomson Acquires Tax Partners March 7, 2005 (SmartPros) The Thomson Corporation has acquired Tax Partners LLC, the nation's largest sales and use tax compliance service firm. Tax Partners will join the RIA Compliance business of Thomson Tax & Accounting, which provides software and information solutions and services to tax professionals in accounting firms and corporations. "Adding Tax Partners to our offerings will provide Thomson Tax & Accounting with an important tax compliance service component, enabling us to offer an end-to-end solution to our clients," said Brian Peccarelli, EVP Thomson Tax & Accounting Corporate Markets and general manager of RIA Compliance. In 2004, Tax Partners filed more than 540,000 tax returns and remitted $7.5 billion in taxes for its clients. Terms of the acquisition were not disclosed.
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