GRAND RAPIDS — Grand Rapids-based Greatland, a provider of W-2 and 1099 software and services for businesses and accountants, Tuesday announced the acquisition of Irvine, Calif.-based NewportWave, a provider of W-2 and 1099 software and support.
With nearly 25 years in business, NewportWave built its reputation by making electronic filing easier and more manageable for banks and small to mid-size businesses.
Terms of the transaction were not disclosed.
“NewportWave’s current products and customer base provide the Greatland team with a solid platform and the potential to grow relationships with existing customers,” said Robert Nault, Greatland CEO. “We look forward to helping small to mid-size businesses ease the stress associated with year-end reporting by introducing them to Greatland’s Yearli software.”
NewportWave had two employees. Its Irvine location will not be maintained by Greatland.
Greatland officials also said that within the year, NewportWave’s customers will be transitioned to the desktop version of Greatland’s Yearli software, which offers complete federal, state and recipient W-2 and 1099 reporting for small to mid-size businesses and professional accountants. Yearli is compatible with all software and online filing platforms and has an optional data import, making setup easy. To learn more, visit http://newportwave.greatland.com.
Greatland also offers customers comprehensive Affordable Care Act (ACA) reporting capabilities to help businesses with the law’s mandatory requirements. Whether companies are looking for paper forms or e-file solutions, these tools will help guide them through the filing process. Greatland is able to assist businesses and insurance companies file Form 1095-B and Form 1095-C along with required 1094 transmittal forms, required for ACA reporting to the
IRS and will provide copies to employees, with three filing options: paper forms, online filing or desktop software. To learn more about Greatland’s ACA reporting services and tools, visit http://aca.greatland.com.
Greatland subsidiaries include Greatland, Nelco, and Broker Forms, and the company offers W-2 forms, 1099 forms, W-2 and 1099 software, online filing, business checks, presentation materials, income tax preparation supplies, and mortgage forms. Greatland also offers Yearli, a comprehensive W-2 and 1099 reporting software and online filing platform. Greatland is an employee-owned company with locations in Grand Rapids and Green Bay, Wis.