Taxes have always been among the hardest things to do regardless of whether you’re running a business or not. More so if you don’t have any experience in accounting or finance. Tax-related tasks can be overwhelming, especially when you’re full of things to be done. When you’re not able to afford the budget to hire an accountant, making it your own could be risky. If you make a mistake it could mean you have to redo things again!
Nearly everyone would prefer to skipping this step. But since it’s required, we have no choice.
So what can we do ?
We can always make our lives easier with tools such as TaxJar.
This article will take a look at this well-known life-saving device and how it can help you. While this is a long read it is possible to gauge whether TaxJar is the tool you require right now.
Prefer video streaming instead? Take a look at this video by Marcus Stonelius on YouTube they also give a complete review of TaxJar’s features.
But for those who prefer to read, let’s get right into it.
What is TaxJar TaxJar Affialte Program
The company was founded in 2013 TaxJar is an online platform that assists you in automating your reports, filings, and sales tax calculations. It’s a solution for the entire life cycle. Furthermore, you can utilize it across all of the sales channels you use to ensure that you are in compliance with sales tax requirements. It streamlines processes that can take days to complete, and can be completed in a matter of just a few minutes.
TaxJar has been used in a variety of industries, including food and beverage businesses, SaaS, retail, services as well as medical institutions.
How can this help you?
TaxJar is used extensively by business owners who run online businesses to ensure that everything is simple and organized. Let’s look into the benefits and features of TaxJar.
> > Click Here to Start TaxJar for Free < <
Services and features
Integration
One of the most important things you’ll need to make sure is your tax-reporting system is compatible in conjunction with the sales channels you use. If you have multiple sales channels, it is essential to ensure that everything is in order. The last thing you want is to be penalized for not paying attention to a minor thing.
TaxJar lets you display your most important metrics in one spot. So, there’s no need to collect information from multiple sources and sort it into one platform. All you need to do is connect TaxJar, then the system will take care of the rest.
In addition, TaxJar also integrates with other platforms that can help in the process of making payments. Here’s a list of platforms that they can connect with:
Filing
TaxJar allows customers to file their sales taxes by hand or using their AutoFile feature. In our review we’ll take a look at both.
If you choose to go it alone, TaxJar will allow you to connect all those sales tools. When it comes time to filing income tax returns, the team will instruct you on how to manage them. But, it is up for you and your staff to finish the tax returns in time. TaxJar is only there to help you understand what you need 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 fill out any forms manually. Through this feature, everything will be automated, from calculating sales taxes in order to record and process them. But, it is possible to incur additional costs if the feature is not included in the plan you select.
Sales Tax Reports
As I mentioned earlier, you can use TaxJar to help you with your accounting problems. The orders you place through your online channels can be put together into a single dashboard through this platform. From there you and your staff will have access to everything you require, including an inventory of your transactions, reports and the data.
The most appealing aspect of this option is the fact that they allow you to update your account automatically each day. Not only can they help you keep track of how much you’ve accumulated however, they can also help you track when your following payment is due.
Their dashboard also allows users to view in detail the sales tax totals for your business. It is also possible to export your data in CSV format. CSV file in case you require it for your financial planning and accounting processes or if your team requires it to run centralized reports.
Training and Streamlining
TaxJar assists in organizing and keeping track of all of your sales channels. This means that you don’t have to scramble for your documents when you need them in the event of a need. Even even if you already have an accountant, this function can help them be more efficient.
Furthermore, knowing the estimated amount for your sales tax in advance can help you allocate your money more efficiently. You’ll know exactly how much budget you have available for other operational costs.
What’s more is that TaxJar offers training and tutorials and tutorials, not just for their platform , but also everything that has to do with sales tax. You can check out their webinars, guides, and blog for more information. Apart from that their sales tax calculator can be useful if you’re planning to take on the entire task yourself.
> > Click Here to Start TaxJar for Free < <
How much does TaxJar cost?
We know how crucial it is to set your budget. Some platforms provide amazing features, but they’re sometimes too costly for your business. This is why in this section we’ll examine TaxJar’s pricing levels and what each of these options can offer you. Currently, TaxJar offers three plans including Professional, Starter and Premium.
Starter
The Starter plan starts at $19. The company claims that it’s the most effective plan to help you with filing requirements and reporting. It includes sales tax reporting, 4 annual AutoFiles for free, as well as a CSV import. With the starter plan, you will be able to access their AI tax recommendations.
If you’re a small company proprietor, then this program will be perfect for you. It may not have all the features of TaxJar however, it does include all the basics you require.
You can also contact their support team with their email support chart. You’ll also have access to their integration tools.
Professional
If you’re looking for something different from the basics Professional could be the one for you. The price starts at $99 but you can increase it if you add custom features.
How different is it from the original plan?
In addition to accessing all of the Starter plan’s features, you also get access to their support via phone Access to APIs, phone support, and sophisticated CSV import. They also allow you to receive 12 free AutoFiles every year.
Premium
If you own a huge enterprise, you may want to choose the Premium plan instead. It comes with all the features you need to aid in your tax preparation. Moreover, they allow unlimited import integrations of data, Integrations with APIs, teams of members, and AutoFiles.
They also have a team who are devoted to managing your account. However, they don’t disclose the price of the Premium plan. costs you. TaxJar Affialte Program
But they did state that the plan is custom-made to each user. The cost of the plan will be different depending on what you need to run your business.
Free Trial
It’s a good thing that you don’t have to risk your money to see if this platform is right 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 an excellent fit for you.
> > Click Here to Start TaxJar for Free < <
Pros and Pros and
Now that we’ve covered all you should be aware of TaxJar let’s take a break. In order to sum up the whole thing Here are the pros and cons of the use of TaxJar to run your business.
Pros
- Has the Tax Advisor option for some plans
- AutoFile features help save time
- Available in most USA states
- Provides Taxes on sales online calculator.
- Has support service team
- The dashboard is easy to navigate
- Offers a 30-day free trial
- It is able to be integrated with other platforms
- It allows you to monitor multiple sales channels
Cons
- Limits for AutoFile are based on the plan
- AutoFile has extra fees
- Certain countries will not have access to the API feature
- Only applicable to USA customers
- It is important for owners and accountants to check local legislation
The Final Verdict
With everything laid out, TaxJar is an excellent platform for companies that have multiple sales channels and uses plenty of platforms. If that’s what you’re doing, then you must try TaxJar.
Not only will it aid in tracking the sales and profits of your business however, it will help you meet your deadlines. It is also a great opportunity for accountants since they have a Tax Advisor program. There are tips to follow and get knowledge from their seminars on taxes by using it.
The use of TaxJar can help you get more done while keeping track of every deadline and requirement you have to meet. If you’re living in a place with complicated tax regulations, this will surely help you wrap your head around the subject. TaxJar Affialte Program
However, if managing your taxes is simple and straightforward, then TaxJar could be a waste of investment. If you have only one or two channels for sales, TaxJar won’t be needed to track all of it. In addition, if you find the whole procedure easy to complete then you’re better to do it by yourself.
> > Click Here to Start TaxJar for Free < <
FAQ TaxJar Affialte Program
What areas does TaxJar provide API assistance?
TaxJar is currently assisting countries such as those of the United States, the EU, Australia, and Canada.
Do I have the ability to connect Shopify into TaxJar?
Yes. You can connect your Shopify account with TaxJar for easier monitoring and updates.
Can I convert any kind of currency using TaxJar?
Unfortunately, no. TaxJar does not convert currency values. All of the transactions are in US$. If you’re using another currency, you’ll need to convert it into USdollars before TaxJar will calculate the tax.