Xero Eases the 1099 Reporting Burden for SMBs With Cloud Smarts, Adds GAAP Reporting

Xero Eases the 1099 Reporting Burden for SMBs With Cloud Smarts, Adds GAAP Reporting

SAN FRANCISCO, CA — (Marketwire) — 12/10/12 — Xero, the global leader in , today announces a set of new features including much-anticipated 1099 and GAAP compliance additions for the U.S. market. The U.S. has experienced a sharp jump in the number of self-employed workers in the past decade, increasing 14.4 percent since 2001 to 10.6 million self-employed jobs in 2012, according to a report published by . The trend has not gone unnoticed — in response to the hotspots of self-employed growth