Taxes are always one of the most difficult things to handle, whether you’re running a business or not. Particularly if you don’t have any experience in finance or accounting. Tax-related tasks aren’t easy, particularly when your whole day is full of things to be done. When you’re not able to afford enough money to employ an accountant, performing the task on your own could be risky. If you make a mistake and you don’t know it, you may have to do it all over again!
Nearly everyone would prefer to avoid this step. But since it’s required to be done, we can’t choose not to.
So , what can we do ?
It is always possible to make our lives easier by using tools like TaxJar.
This article will take a look at this well-known life-saving tool and explain how it can assist you. Although this is quite an extensive read, you should be able to gauge whether TaxJar is the tool you require today.
Do you prefer watching videos rather than watch them? Take a look at this video by Marcus Stonelius on YouTube they also give a complete analysis of TaxJar’s features.
For those who like to read, then let’s dive right in.
What is TaxJar Kansas Sales Tax TaxJar
In 2013, TaxJar was established. TaxJar is an application that automatizes your filings, reports, and sales tax calculation. It is a solution for your entire sales tax life cycle. Additionally, you can use it across all of your channels of sales to ensure compliance with sales taxes. It simplifies the processes that can take days to complete, and can be completed in a matter of only a few minutes.
TaxJar has been used in a variety of industries, including food and beverage businesses, SaaS, retail, services, and even medical institutions.
How can this help you?
TaxJar is extensively used by business owners who run online businesses to make their business more simple and organized. Let’s look into the benefits and features of TaxJar.
Services and features
One of the most important things you’ll want to check you have a tax accounting system perfectly integrates with your sales channel. If you’re using multiple sales channels, you need to keep everything in place. The last thing you want is to get a penalty for overlooking just one minor detail.
TaxJar allows you to display your key data in one location. This means that there is no need to gather information from multiple sources and sort it into a single platform. All you have to do is connect TaxJar then the system will handle all the rest.
Other than that, TaxJar also integrates with other platforms that can help with payments. Here’s a list of the platforms they are able to integrate with:
TaxJar lets customers submit their sales tax by hand or using the AutoFile feature. In our review we’ll dig into both.
If you opt to manually file your tax returns, TaxJar will allow you to connect those sales tools. When the time is right for filing income tax returns TaxJar will train you on how to manage them. It is up to you and your team to complete the process on time. TaxJar is there to help you understand what you need to accomplish, but not manage it.
If you’d prefer an Auto file, TaxJar will do the filling – that means you don’t have to fill out all forms by hand. This feature will ensure that everything will be automated from calculating sales taxes in order to record and process them. There could be additional costs if the feature is not part of the plan you choose.
Sales Tax Reports
As we mentioned, you can use TaxJar to assist you with your accounting problems. Your orders from your e-commerce channels can be put together into a single dashboard via this platform. From there you and your team will have access to everything you need, such as the list of transactions, reports, and the data.
The best part about this option is the fact that it allows you to update automatically every day. They not only let to know the amount you’ve earned however, they can also help you track when your following payments are due.
The dashboard allows you to fully view the total sales tax within your company. It is also possible to export your data in the form of a CSV file, if you want to use it for your process of financial planning and accounting or if your team needs it for centralized reporting.
Training and Streamlining
TaxJar helps organize and keep the track of all your sales channels. That means you won’t have to scramble for your documents whenever you’re in the event of a need. Even even if you already have an accounting firm, the feature will help them be more efficient.
Additionally, knowing the figures for your sales tax ahead of time will help you plan your funds better. You’ll be aware of the budget you have available for other operational costs.
The best part is that TaxJar offers tutorials and training, not just for their platform but for anything related to sales tax. You can check out their webinars, guides or blog posts for additional details. Additionally the sales tax calculator is useful if you’re planning to do everything on your own.
How much does TaxJar cost?
We are aware of how important it is to set your budget. Certain platforms have amazing features, but they’re sometimes too expensive for businesses. That’s why for this section, we’ll look into TaxJar’s pricing levels and the features that each of these options can offer you. Presently, TaxJar offers three plans: Starter, Professional, and Premium.
The Starter plan starts at $19. The company claims that it’s the best plan for those who need assistance in filing and reporting. It includes sales tax reporting, 4 autofiles for free each year, and the option of a CSV import. With the starter plan, you have access to their AI tax tips.
If you’re a smaller company owner, this plan should be ideal for you. It may not have all the features offered by TaxJar, but it has the basic features you require.
In addition, you can reach their customer support via their email support chart. You’ll also have access to their integration capabilities.
If you’re looking to get a bit more than just the standard features, then the Professional plan might be the right one for you. The price starts at $99 however, it could go up by adding custom features.
What is the difference from the original plan?
Apart from having access to every one of Starter plan’s features, you also get access to the support of their customer service via phone, API access, and sophisticated CSV import. They also allow you to get 12 AutoFiles for free each year.
If you own a huge enterprise, you may want to go for the Premium plan instead. It has all of the features you need to make your tax filing easier. In addition, they offer unlimited data import integrations, API integrations, team users as well as AutoFiles.
They also have a staff that is devoted to managing your account. However, they don’t disclose the price of the Premium plan. will cost you. Kansas Sales Tax TaxJar
But they did state that this plan is tailor-fit to each user. Therefore, the cost will differ depending on what you need to run your business.
It’s a good thing that you don’t have to risk your money to determine if this service is for you. If you’re still considering different options, they offer 30 days of free trial. This should give you enough time to determine whether the software is an excellent fit for you.
Pros and Pros and
We’ve covered everything you should know about TaxJar let’s take a breather. To summarize we’ll go over the pros and cons of the use of TaxJar for your company.
- Does the plan include the Tax Advisor option for some plans
- AutoFile features can help you save time
- Available in most USA states
- Offers Taxes on sales online calculator.
- Support Service Team
- The dashboard is simple to navigate
- Offers a 30-day free trial
- It is able to be integrated with other platforms.
- You can track several sales channels
- AutoFile limit is based on the plan
- AutoFile has extra fees
- Certain countries will not be able to access the API feature.
- Only valid for USA customers
- Needs accountants and owners to check local legislation
The Final Verdict
With everything laid out, TaxJar can be a great platform companies that have numerous sales channels, and that utilizes numerous 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 also help you meet the deadlines you set. It is also a great opportunity for accountants since they have tax Advisor program. You can find tips and get knowledge from their seminars regarding taxes via it.
Utilizing TaxJar can allow you to reduce time and keep the track of each deadline or requirement you need to meet. If you’re living in an area with complex tax laws, this will surely help you wrap your mind around it. Kansas Sales Tax TaxJar
If handling your taxes is simple, then TaxJar might not be a good investment. If you only have one or two sales channels, TaxJar won’t be needed to track all of it. If you find the whole process easy to do, you might be better to do it by yourself.
FAQ Kansas Sales Tax TaxJar
What areas does TaxJar provide API support?
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 sync 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 transactions’ amounts are in US$. If you’re using a different currency, you’ll have to convert it into US$ before TaxJar will calculate your tax.