Business License Software and Property Tax Software by TCI
Property Tax Solutions and Business License Solutions by TCI

Tax Compliance, Inc. Announces the Release PTMS 5.3

San Diego, California - December 20, 2013

Tax Compliance, Inc. (TCI) announces the release of PTMS 5.3, which includes easier accruals, enhanced payments, and additional customization options.

The PTMS Accruals Manager simplifies accruals creation by alerting users to potential issues, such as undefined accrual periods or missing billing jurisdictions, early in the process to provide the opportunity to correct errors before advancing to subsequent steps. It also allows users to define and manage custom accrual periods without having to navigate to another area of the system or change the company default settings. For owners of real property, PTMS will now reference the acquisition date and inactive dates to determine what should be included in an accrual, and for which periods to accrue. A notes field is also available to record any pertinent information relating to the accrual for future reference. “Our customers provided some great suggestions on how we could improve accruals,” said Scott Strauss, CEO of TCI, “so we listened and got to work.”

The PTMS Payment Manager now communicates more efficiently with the tax calendar to automatically populate installment dates. This reduces the amount of manual keying required to process tax bills. “We’re always looking for ways to increase efficiency and help our customers save time,” said Strauss.

PTMS 5.3 also supports the customization of several fields including State and Parcel number. Now customers with property in Canada can change the name of each field so they are referred to as Province and Roll Number, respectively.

About TCI

Tax Compliance, Inc. (TCI) develops state and local tax software solutions for corporations. Its primary products include PTMS property tax compliance software and LicenseHQ business license and permit management software. TCI has been proudly serving customers since 1993 and continues to be the market leader with a customer base of over 600 companies, including more than 50 of the Fortune 100®. TCI's target market includes medium to large corporations and outsource providers possessing multiple locations which create a significant tax compliance burden best managed with automation.

About Corporation Service Company

Corporation Service Company® (CSC®),a privately held business and legal services organization, provides matter management, corporate compliance, and trustee services for companies and law firms worldwide; digital brand services for top global brands; and due diligence and transactional services for the world's largest financial institutions. Founded in 1899, CSC has more than 1,800 employees throughout North America, Europe, Africa and the Asia-Pacific region. Learn more at