It’s the second acquisition of a 1099 software company by an indirect tax this year. In July, Sovos purchased 1099 Pro.
Track1099 is reported to have more than 40,000 customers. The company has provided 1099 filing on a tiered, per-form pricing basis and an annual subscription for W-9s.
“By integrating Track1099’s capabilities into our compliance document management suite, Avalara can support and automate additional annual requirements for our customers,” Jayme Fishman, Avalara’s EVP of corporate development, said in a prepared statement.