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TMCNet:  Payroll Tax Management, Inc. Launches FlexTax® Hosted Software

[June 25, 2014]

Payroll Tax Management, Inc. Launches FlexTax® Hosted Software

SANTA ANA, Calif. --(Business Wire)--

Following the successful completion of extensive BETA testing, Payroll Tax Management, Inc. (PTM), a national provider of payroll tax filing software systems and services, announces the full release of their FlexTax® Hosted software which allows companies complete control over their back-end payroll tax processing.

FlexTax® Hosted integrates with companies' payroll systems to schedule and remit tax payments, and to audit and prepare returns for filing. The system includes features that will reconcile taxes, track tax notices, automate audits, and protect tax funds.

The FlexTax® Hosted system was built to handle tax processing for payroll service bureaus, PEOs, ASOs, mid-to large-sized corporate clients, or other entities processing payroll. FlexTax® Hosted can handle processing for a single FEIN up to tens of thousands. While the system can handle payrolls of all sizes and complexity, it automates processing and eases the burden of processing complex, multi-state, and multi-local entities.

The FlexTax® Hosted system was built to assist payroll clients in taking their business up-market, selling larger and more complex clients, and growing their business, by allowing users to complete payroll tax functions in less time, and with less manual work.

"FlexTax® Hosted provides the industry with a comprehensive ta compliance system built by an independent company that understands the needs of independent payroll service bureaus." said Summer Poletti, Vice President of Sales for Payroll Tax Management, Inc. "Payroll providers no longer have to purchase back-office tax software from their largest competitor."


Serving for many years as the payroll tax engine for all PTM systems, the FlexTax® Hosted software is now available to payroll processors and mid to large corporate clients. Users can enjoy the full flexibility of in-house tax processing while still benefiting from having PTM maintain the system, software, and data.

"Because FlexTax® Hosted was built off of PTM's legacy platform, it gives our users greater access to things like bulk and electronic filing, enhanced audits and tracking features, and SSAE 16 compliance features built in to the system." Said Rudy Mahanta, Software Systems Supervisor. "This will help our clients to streamline and automate processes. They can save time by no longer having to perform audits and tracking functions in spreadsheets outside their tax system."

In addition to offering a comprehensive in-house tax software, FlexTax® Hosted can also be paired with any number of PTM's other systems, services, or ancillary options, which allows PTM to offer unparalleled solutions to the payroll industry.

About Payroll Tax Management, Inc. (PTM):

Payroll Tax Management, Inc. (PTM), a wholly owned subsidiary of Financial Business Group Holdings, is a national payroll tax processing software and service company headquartered in Santa Ana, California. With representation and satellite offices nationwide, PTM provides payroll tax processing software and services for mid-market to large corporate clients and the payroll service industry. PTM also provides ancillary services, such as W-2 print and distribution, garnishment payments, and new hire reporting. For more information about the software and services offered by Payroll Tax Management, please contact Summer Poletti at (949) 225-3097 or email us at info@payrolltaxmgmt.com. You may also visit our website at www.payrolltaxmgmt.com.


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