Taxes have always been among the most difficult tasks to complete, whether you’re running a business or not. Particularly if you don’t have a background in accounting or finance. Tax-related work can be overwhelming, especially when your whole day is packed with things to do. If you don’t have the budget to employ an accountant, making it your own could be dangerous. If you overlook one thing it could mean you have to do it all over again!
Almost everyone wants to avoid this step. But since it’s required, we have no choice.
So what can we do about it?
We can always simplify our lives with tools such as TaxJar.
This article will take a look at this life-saving tool and how it can benefit you. Although this is quite a long read but you’ll be able to determine if TaxJar is exactly what you need today.
Prefer video streaming instead? Take a look at this video by Marcus Stonelius on YouTube they also do a full review of TaxJar’s features.
If you prefer to read, then we’ll dive right into.
What exactly is TaxJar? Alternative To TaxJar
In 2013, TaxJar was established. TaxJar is a platform that helps automate your filings, reports, and sales tax calculations. It is a solution for the entire life cycle. In addition, you can apply it in all of your channels of sales to ensure compliance with sales tax requirements. It makes the process simpler that could require days to complete and can be completed in a matter of just a few minutes.
TaxJar has been utilized in various industries like food and beverage companies, SaaS, retail, services, and even medical institutions.
How can it help you?
TaxJar is used extensively by business owners who run online businesses to keep everything neat and simple. Let’s explore the benefits and features of TaxJar.
> > Click Here to Start TaxJar for Free < <
Features and services
Integration
One of the most important things you’ll need to ensure is that your accounting tax platform perfectly integrates along with sales funnels. If you’re selling through multiple channels, you need to maintain everything in line. The final thing you would like is to get a penalty for missing a single minor point.
TaxJar allows you to display your critical metrics in one place. That way, there’s no need to collect data from different channels and sort it into a single platform. All you have to do is to integrate TaxJar, it will do the rest.
In addition, TaxJar also integrates with other platforms that can help with payment processing. Here’s a list of platforms they are able to integrate with:
Filing
TaxJar lets customers submit their sales tax either manually or via the AutoFile feature. In our review we’ll take a look at both.
If you decide to manually file your tax returns, TaxJar will allow you to connect all the sales channels you use. Once the time comes for filing tax returns for income TaxJar will train you on managing the tax returns. However, it will be up for you and your team members to complete everything in time. TaxJar is there to guide you on what you should accomplish, but not manage it.
If you would prefer an Auto file, TaxJar will do the filling, which means you don’t have to fill out all forms by hand. Through this feature, everything will be automated, from calculating sales taxes to recording and processing it. However, there might be additional costs if the feature is not included in the plan you chose.
Sales Tax Reports
As we mentioned that you can utilize TaxJar to help you with your accounting issues. All orders made through your e-commerce channels can be combined into a single dashboard via this platform. From there you and your team will have access to everything you need, like a list of your transactions, reports and the data.
The greatest benefit of the feature you’ve chosen is they allow you to update automatically every day. Not only will they let you know how much you’ve earned and how much you’ve earned, but they also let you keep track of when the next payments are due.
Their dashboard also allows you to fully view the total sales tax within your company. It is also possible to export the data in a CSV file in case you require it for your accounting and financial planning processes or if your team needs it for centralized reporting.
Training and Streamlining
TaxJar helps you organize and keep the track of all the channels you sell through. It means you don’t need to scramble for your documents whenever you’re in the event of a need. Even when you already have your accountant, this function will aid them in being more efficient.
Furthermore, knowing the estimated amount for your sales tax in advance will help you plan your funds more effectively. You’ll be aware of the budget you have to cover other operating costs.
What’s more is that TaxJar provides training and tutorials and tutorials, not just for their platform but for anything related to sales tax. You can check out their guides, webinars, or blog posts for additional details. In addition, their sales tax calculator should be helpful if you’re planning on take on the entire task yourself.
> > Click Here to Start TaxJar for Free < <
How much does TaxJar cost?
We understand how important it is to set your budget. Certain platforms have amazing features, but they can be too costly for the business you run. This is why in this section we’ll examine TaxJar’s pricing tiers and the features that each of these choices can provide you. Currently, TaxJar offers three plans: Starter, Professional, and Premium.
Starter
Their Starter plan costs $19. The company claims that it’s the best plan if you need help in filing and reporting. It includes taxes on sales and sales as well as 4 annual AutoFiles for free, as well as the option of a CSV import. With the starter plan, you will be able to access their AI tax tips.
If you’re a small-scale business proprietor, then this program will be ideal for you. It may not offer all of TaxJar’s features, but it has all the basics you require.
You can also contact the support team via their support chart for email. You’ll also be able to use their integration capabilities.
Professional
If you’re looking to get a bit more than just the standard features and options, then the Professional plan may be the best option for you. It’s priced at $99 but you can increase it by adding custom features.
How different is it from the original plan?
In addition to accessing each of Starter plan’s features, you also have their phone customer support, API access, and the ability to do advanced CSV import. Additionally, they allow you to get 12 AutoFiles for free each year.
Premium
If you have a massive company, you may need to choose an upgrade instead. It comes with all the features needed to help with your taxes. In addition, they offer unlimited import integrations of data as well as API integrationsfor team users and AutoFiles.
They also have a staff who are devoted for managing the account. They don’t reveal the amount that the Premium plan costs you. Alternative To TaxJar
But they did state that this plan is tailor-fit for each user. So the costs will vary depending on what you need for your company.
Free Trial
Luckily, you don’t have to risk your money to determine if this service is for you. If you’re still looking into different options, they offer the opportunity to try a free trial for 30 days. This should give you enough time to determine whether the service is a good fit for you.
> > Click Here to Start TaxJar for Free < <
Pros and Cons
Now that we’ve covered all you should be aware of TaxJar Let’s relax. To summarize we’ll go over the pros and cons of using TaxJar for your company.
Pros
- Has a Tax Advisor option for some plans
- AutoFile features save time
- Available in most USA states
- Provides on the internet for sales tax calculator
- Has support service team
- The dashboard is simple to navigate
- The company offers a 30-day trial for free.
- It can be integrated with other platforms.
- Allows you to track multiple sales channels
Cons
- Limits for AutoFile are based on the plan
- AutoFile has extra fees
- Some countries won’t be able to access the API feature.
- Only applicable for USA customers
- Owners and accountants should review local laws
The Final Verdict
With everything laid out TaxJar provides a fantastic platform to companies with many sales channels and utilizes plenty of platforms. If this sounds like the way you’re doing, then you should try this.
It’s not just a way to assist you in keeping track of your revenue and products It can help you meet your deadlines. It is also a great platform for an accountant since they have tax Advisor program. There are tips to follow and gain knowledge from their workshops on taxes by using it.
Using TaxJar can help you get more done while keeping the track of each deadline or requirement you need to meet. If you live in an area with complex tax regulations, this will surely help you wrap your head around the subject. Alternative To TaxJar
If handling your taxes is simple and straightforward, then TaxJar could be a waste of expense. If you only have one or two channels for sales, TaxJar won’t be needed to keep track of all of it. If you find the entire procedure easy to complete then you’re better to do it by yourself.
> > Click Here to Start TaxJar for Free < <
FAQ Alternative To TaxJar
Which areas does TaxJar provide API assistance?
TaxJar is currently assisting countries such as Australia, the United States, the EU, Australia, and Canada.
Can I integrate Shopify together with TaxJar?
Yes. You can link your Shopify account with TaxJar to facilitate monitoring and updates.
Can I convert any kind of currency with TaxJar?
Unfortunately, no. TaxJar cannot convert currencies. The transactions’ amounts are in USdollars. If you’re using another currency, you’ll have to convert it into USUSD prior to when TaxJar determines your tax.
