W-2 eXpress prints and distributes original W-2 forms, processes reissues and corrections, and interfaces with popular tax preparation software and web sites.
St. Louis, MO - April 18, 2002 – TALX Corporation (NASDAQ: TALX), a leading outsourcer of employee and employer services, announced today that its W-2 eXpressSM service distributed print and electronic original W-2 forms for more than 1 million employees for the 2001 tax season. In addition, nearly 5 million W-2s from a record number of 83 clients were available on the service for reissue and correction purposes, as well as for easy access by employees. Many of these W-2 eXpress clients used the service for the second tax season in a row while others, as clients of The Work Number®, chose W-2 eXpress for its convenient new single sign-on feature that links both solutions.
W-2 eXpress also offers clients new value-added tax preparation capabilities through new TALX alliances with Intuit Inc. and H&R Block Inc. Through these alliances, employees can securely import tax information maintained by W-2 eXpress directly into Intuit's Quicken® TurboTax® desktop software products and the Turbo Tax for the WebSM service, as well as H&R Block's TaxCut® and H&R Block's Online Tax Program. In addition, H&R Block sponsored a tax center on the W-2 eXpress web site to help users prepare their taxes. Both of these alliances eliminate the need for employees to manually prepare tax forms or re-enter data, significantly reducing errors and speeding up the tax filing process. Companies interested in learning more about W-2 eXpress can participate in a free eSeminar on Tuesday, May 7th, at 1 p.m. (CST), by registering online at www.talx.com/w2eseminar/.
Many well-respected employers nationwide rely on W-2 eXpress to manage the W-2 process, relieving the burden on payroll departments and eliminating the need to hire temporary staff to manage the increased volume of requests during tax season. Clients that use W-2 eXpress include The Home Depot, Ruby Tuesday, Yellow Corporation, the Department of Labor and The Limited, among others.
“Once again, W-2 eXpress saved our company's payroll department time and reduced costs associated with the tax season,” said Paula Johnson, payroll project manager for The Home Depot, Inc. “Our employees really benefit from the self-service capabilities that accelerated the tax filing process and reduced errors. As the years go by, each tax season gets a little easier as more employees utilize TALX products and services.”
“It is gratifying to experience another record-breaking season for W-2 eXpress. We are extremely proud of the level of services we delivered to all of our clients and their respective employees,” said Bill Canfield, president and CEO of TALX Corporation. “W-2 eXpress is one of several payroll data-centric services we offer through The Work Number. With our recent acquisitions and service enhancements such as single sign-on capabilities, TALX offers a portfolio of services that is well positioned to benefit a wide-range of employers, especially those choosing to reduce costs by consolidating vendors and reducing the number of payroll data files they need to generate and transmit.”
Added Dave Fowler, product manager for W-2 eXpress, “The growth of our client base and the number of W-2s on file enable us to enhance our services, providing a win-win for clients and their employees. Our new paperless W-2 allows consenting employees to receive their W-2 electronically, which is faster than the traditional mail delivery and saves employers printing and postage costs. Plus, the added value of accessing W-2 eXpress via the Web, fax machine or telephone provides an equal access solution for all employees .”
About W-2 eXpress
W-2 eXpress is powered by The Work Number, America's leading employment and income verification service. W-2 eXpress offers complete W-2 services, including distributing both print and electronic original W-2 statements, reissuing W-2s, and facilitating corrections to statements – all on forms which meet the requirements of the Internal Revenue Service (IRS). In addition, through new alliances with Intuit and H&R Block, employees can securely download tax information maintained by W-2 eXpress into TurboTax desktop software products and the Turbo Tax for the Web service, as well as H&R Block's Tax Cut® and H&R Block's Online Tax Program. All services are available to employees via the Web or telephone 24 hours a day, 7 days a week.
About TALX Corporation
TALX Corporation is a leading outsourced service provider for the Human Resource, Benefits and Payroll markets. TALX's premier service is The Work Number®, America's leading employment and income verification service, which also powers ePayrollSM and W-2 eXpressSM. Through TALX subsidiaries, the company offers unemployment cost management services and FasTime™, an automated time reporting solution. TALX empowers users to complete transactions independently utilizing available multimedia including Web, interactive voice response, speech recognition, fax and e-mail. Based in St. Louis, Missouri, TALX Corporation's common stock trades on the NASDAQ Stock Market® under the symbol TALX. For more information about TALX Corporation call 314-214-7000 or access the company's Web site at www.talx.com.
Statements in this press release expressing the expectations of management may be forward-looking and involve uncertainties. TALX risk factors are detailed in documents filed with the Securities and Exchange Commission.
TurboTax for the Web is a service mark and Quicken and TurboTax are registered trademarks of Intuit, Inc. and have been used with permission.