Taxes have always been among the most difficult tasks to complete, whether you’re running your own business or not. More so if you don’t have a degree in finance or accounting. Tax-related tasks can be overwhelming, especially when you’re packed with things to do. When you’re not able to afford the funds to engage an accountant performing the task on your own could be dangerous. If you overlook one thing it could mean you need to repeat the process!
Nearly everyone would prefer to avoid this step. However, since it’s mandatory to be done, we can’t choose not to.
So what is the best way to deal with it?
We can always make life easier by using tools like TaxJar.
We’ll look at this popular life-saving device and how it can help you. While this is an extensive read, you should be able to assess whether TaxJar is the tool you require right now.
Are you looking to watch videos instead? Watch this video – by Marcus Stonelius on YouTube they also do a full analysis of TaxJar’s features.
For those who like to read, let’s get right into it.
What is TaxJar Customer Success Specialist TaxJar Salary
The company was founded in 2013 TaxJar is an application that automatizes your reports, filings, and sales tax calculations. TaxJar is a solution to all aspects of your sales tax cycle. Furthermore, you can utilize it across all of your sales channels to ensure that you are in compliance with sales tax requirements. It simplifies the processes that take days to complete and can be completed in a matter of only a few minutes.
TaxJar is used in a variety of industries, including food and beverage companies, SaaS, retail, services as well as medical institutions.
How can this help you?
TaxJar is extensively used by business owners who run online businesses to keep everything simple and organized. Let’s take a look at the features and services offered by TaxJar.
Services and features
One of the most important things you’ll need to make sure is your tax-reporting platform is compatible along with sales funnels. If you’re selling through multiple channels, it is essential to ensure that everything is in order. The last thing you want is to get a penalty for missing a single minor point.
TaxJar allows you to display your critical data in one location. That way, there’s no need to gather data in multiple channels and organize it into one platform. All you have to do is integrate TaxJar, and the platform will handle the rest.
Apart from that, TaxJar also integrates with other platforms that help with payment processing. Here’s a list of the platforms that they can connect with:
TaxJar allows customers to make sales tax filings by hand or using the AutoFile feature. For our review we’ll take a look at both.
If you choose to manually file your tax returns, TaxJar will allow you to connect your sales platforms. Once the time comes for filing tax returns for income The team will guide you on managing them. It is up for you and your team members to complete the process within the timeframe. TaxJar is only there to help you understand what you have to do , but not to handle it.
If you prefer an Auto file, TaxJar will do the filling for you. This means that you don’t have to submit the forms in a manual manner. This feature will ensure that everything will be automated from calculating taxes on sales in order to record and process them. But, it is possible to incur additional charges if they are not included in the plan you select.
Sales Tax Reports
As I mentioned earlier it is possible to use TaxJar to help you with your accounting issues. Your orders from your e-commerce channels can be put together into a single dashboard via this platform. Once you’re on the platform, you and your team will have access to all the information you need, like the list of transactions, reports, as well as data.
The greatest benefit of this feature is that it lets you to update your account automatically each day. Not only will they let you know how much you’ve accumulated however, they can also help you keep track of when the next payments are due.
The dashboard allows you to see the sales tax totals for your business. You can also export the data in the form of a CSV file in case you require it in your process of financial planning and accounting or if you require it to run centralized reports.
Streamlining and Training
TaxJar helps organize and keep on top of all the sales avenues you use. It means you don’t need to scramble for your documents when you’re in a pinch. Even even if you already have an accountant, this feature can help them be more efficient.
Furthermore, knowing the estimated amount for your sales tax ahead of time will help you plan your money more efficiently. You’ll be aware of the budget you have for other operational costs.
What’s more is that TaxJar provides training and tutorials and tutorials, not just on their platform, but all things that has to do with sales tax. Check out their webinars, guides, as well as their blog to find more info. Apart from that the sales tax calculator is beneficial when you’re planning to complete everything yourself.
How much does TaxJar cost?
We are aware of how important it is to determine your budget. Some platforms offer superb features, but they can be too costly for the business you run. For this reason we’ll take a look at TaxJar’s pricing tiers and the features that each of these options can offer you. Currently, TaxJar offers three plans that are: Professional, Starter and Premium.
The Starter plan starts at $19. They say it’s the most effective plan if you need help in filing and reporting. It also includes the tax on sales, 4 autofiles for free each year, and the option of a CSV import. Even with the basic plan, you will be able to access their AI tax recommendations.
If you’re a smaller business manager, the plan could be ideal for you. It might not include all the features offered by TaxJar, but it has all the basics you require.
In addition, you can reach their customer support via their email support chart. Additionally, you’ll have access to their integration features.
If you’re looking to get a bit more than just the standard features Professional may be the best option for you. It’s priced at $99 but it can go higher when you add additional features.
How different is it from the basic plan?
In addition to accessing every one of Starter plan’s options, you also have access to their phone customer support, API access, and advanced CSV import. You can also get 12 AutoFiles for free each year.
If you have a massive enterprise, you may want to choose an upgrade instead. It comes with all the features that you require to make your tax filing easier. In addition, they offer unlimited integrations with data imports as well as API integrationsfor team members and AutoFiles.
They also have a staff dedicated to managing your account. But, they don’t divulge the amount that the Premium plan will cost you. Customer Success Specialist TaxJar Salary
However, they did mention that this plan is customized for each user. The cost of the plan will be different depending on what you need for your company.
It’s a good thing that you don’t have to risk your money to see if this platform is the right one for you. If you’re still looking into other options, they have 30 days of free trial. This should give you enough time to determine if the platform is the right choice for you.
Pros and Pros and
After we’ve gone over everything you need to be aware of TaxJar let’s take a break. To sum it all up we’ll go over the advantages and disadvantages of the use of TaxJar for your business.
- Has the Tax Advisor option for some plans
- AutoFile features to reduce time
- Available in most USA states
- Provides on the internet for sales tax calculator.
- Support Service Team
- The dashboard is easy to navigate
- The company offers a 30-day trial for free.
- It is possible to integrate it with other platforms
- You can track several sales channels
- Limits on AutoFile are determined by the plan
- AutoFile has extra fees
- Some countries won’t be able to access the API feature.
- Only valid for USA customers
- Needs accountants and owners to review local laws
The Final Verdict
With everything laid out, TaxJar provides a fantastic platform to companies with numerous sales channels, and that utilizes numerous platforms. If that sounds like what you do, then you should try this.
Not only will it help you track the sales and profits of your business It can help you meet your deadlines. This is also an excellent option for accountants as they provide the Tax Advisor program. There are tips to follow and gain knowledge from their workshops regarding taxes via it.
Using TaxJar can help you reduce time and keep the track of each deadline and requirement you have to fulfill. If you live in an area with complex tax laws, this can certainly help you to get your head around the subject. Customer Success Specialist TaxJar Salary
But if handling your taxes is simple If it isn’t, then TaxJar might not be a good investment. If you’re only dealing with one or two sales channels, TaxJar won’t be needed to track everything. In addition, if you find the entire procedure easy to complete then you’re better in doing it all on your own.
FAQ Customer Success Specialist TaxJar Salary
What are the areas in which TaxJar offer API assistance?
TaxJar is currently assisting countries such as those of 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 make it easier to monitor and updates.
Can I convert any type of currency with TaxJar?
Unfortunately, no. TaxJar doesn’t convert currency values. All of the transactions’ amounts are in USdollars. If you’re using another currency, you’ll have to convert it to USdollars prior to when TaxJar will calculate the tax.