Taxes have always been among the most difficult tasks to complete regardless of whether you run a business or not. Even more so if you do not have any experience in accounting or finance. Tax-related issues can be overwhelming, especially when you’re filled with tasks to complete. When you’re not able to afford the funds to employ an accountant, making it your own could be dangerous. If you miss one detail and you don’t know it, you may have to redo things again!
Most people want to skipping this step. However, since it’s mandatory to be done, we can’t choose not to.
What is the best way to deal with it?
It is always possible to make life easier by using tools like TaxJar.
This article will take a look at this life-saving device and how it can assist you. Even though this is an extensive read it is possible to determine if TaxJar is exactly what you need right now.
Are you looking to watch videos instead? Watch this video – by Marcus Stonelius on YouTube they also do a full review of the features offered by TaxJar.
But for those who prefer to read, then let’s get right into it.
What is TaxJar TaxJar Cpa Ecommerce
Founded in 2013, TaxJar is an online platform that assists you in automating your reporting, filings and sales tax calculations. TaxJar is a solution to the entire life cycle. In addition, you can apply it across all of your sales channels to make sure you’re in compliance with sales taxes. It makes the process simpler that could require days to complete and is completed in just a few minutes.
TaxJar is used in different industries such as food and beverage companies, 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 keep everything neat and simple. Let’s look into the benefits and features of TaxJar.
> > Click Here to Start TaxJar for Free < <
Services and features
Integration
One of the first things you’ll need to ensure is that your accounting tax system seamlessly works well along with sales funnels. If you have multiple sales channels, you need to maintain everything in line. The last thing you want is to get a penalty for missing a single minor point.
TaxJar lets you display your most important data in one location. That way, there’s no need to gather data from different channels and organize it into a single platform. All you have to do is integrate TaxJar it will handle the rest.
Other than that, TaxJar also integrates with other platforms that help with payment processing. Here’s a list of platforms they can integrate with:
Filing
TaxJar lets customers make sales tax filings manually or through their AutoFile feature. In this review, we’ll dig into both.
If you decide to do it manually, TaxJar will allow you to connect all those sales tools. When it comes time to filing tax returns for income, the team will instruct you on managing the tax returns. It is up to you and your team members to finish the tax returns in time. TaxJar is there to help you understand what you need to do but not handle it.
If you’d prefer an Auto file, TaxJar will do the filling, which means you don’t have to fill out all forms by hand. With this feature, everything will be automated, from calculating sales taxes in order to record and process them. There could be additional charges if they are you do not include this feature in the plan you select.
Sales Tax Reports
As mentioned earlier it is possible to use TaxJar to ease your accounting issues. The orders you place through your online channels can be combined into one dashboard using this platform. From there you and your team will have access to all the information you need, such as the list of transactions, reports, as well as data.
The greatest benefit of this option is the fact that they allow you to automatically update every day. Not only will they let you keep track of how much you’ve accumulated however, they can also help you determine when your next payment is due.
Their dashboard also allows you to fully view the total sales tax within your company. It is also possible to export the data to the form of a CSV file, if you want to use it in your accounting and financial planning processes or if your team needs it for centralized reporting.
Training and Streamlining
TaxJar helps organize and keep track of all of the channels you sell through. It means you don’t need to scramble for your documents when you’re in the event of a need. Even if you already have your accounting firm, the feature can make them more efficient.
Moreover, knowing the estimates for your sales tax in advance will allow you to allocate your money more efficiently. You’ll be aware of the budget you have to cover other operational costs.
What’s more is that TaxJar offers training and tutorials and tutorials, not just for their platform , but also for anything connected to sales tax. You can look through their guides, webinars, as well as their blog to find more info. In addition their sales tax calculator should be useful if you’re planning to complete everything yourself.
> > Click Here to Start TaxJar for Free < <
How much does TaxJar cost?
We understand how important it is to determine your budget. Some platforms provide amazing features, but they can be too expensive for businesses. For this reason we’ll examine TaxJar’s pricing tiers and the features that each of these plans can offer. Currently, TaxJar offers three plans including Professional, Starter and Premium.
Starter
Their Starter plan starts at $19. They claim that it’s the most suitable plan for you to help you with filing requirements or reporting. It also includes sales tax reporting, 4 annual AutoFiles for free, as well as a CSV import. With the starter plan, you have access to their AI tax tips.
If you’re a small-scale business manager, the plan should be ideal for you. It might not include all the features offered by TaxJar but it comes with all the basics you require.
Additionally, you can contact the support team via their email support chart. Additionally, you’ll have access to their integration features.
Professional
If you’re looking for something a bit more than just the standard features and options, then the Professional plan may be the best option for you. The price starts at $99 however, it could go up when you add additional features.
How different is it from the basic 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. You can also receive 12 free AutoFiles every year.
Premium
If you have a massive company, you may need to opt for the Premium plan instead. It includes all of the features that you require to make your tax filing easier. In addition, they offer unlimited integrations with data imports as well as Integrations with APIs, teams of members and AutoFiles.
They also have a staff who are devoted in managing your accounts. However, they don’t disclose the price of the Premium plan. costs you. TaxJar Cpa Ecommerce
However, they did say that this plan is tailor-fit to each user. So the costs will vary depending on what you need for your company.
Free Trial
Fortunately, you don’t need to gamble your money just to find out if the platform is the right one for you. If you’re still considering various options, they provide a 30-day free trial. It should give you enough time to see whether the service is an excellent fit for you.
> > Click Here to Start TaxJar for Free < <
Pros and Cons
After we’ve gone over everything you must be aware of TaxJar let’s take a breather. To summarize Here are the advantages and disadvantages of the use of TaxJar for your business.
Pros
- Does the plan include a Tax Advisor option for some plans
- AutoFile features can help you to reduce time
- Available in most USA states
- Offers an online sales tax 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
Cons
- Limits for AutoFile are based on the plan
- AutoFile has extra fees
- Some countries won’t have access to the API feature
- Only valid for USA customers.
- It is important for owners and accountants to recheck local legislations
The Final Verdict
With everything clearly laid out TaxJar is an excellent platform for companies with numerous sales channels, and that utilizes numerous platforms. If that sounds like what you’re doing, then you must try TaxJar.
Not only can it assist you in keeping track of your products and revenue It can also help you meet the deadlines you set. It’s also an excellent option for accountants as they have the Tax Advisor program. You can find tips and gain knowledge from their workshops regarding taxes via it.
The use of TaxJar will help you reduce time and keep the track of each deadline and requirement you have to meet. If you’re living in an area with complex tax laws, this can definitely help you get your mind around it. TaxJar Cpa Ecommerce
However, if managing taxes is easy, then TaxJar might not be a good investment. If you only have one or two channels for sales, TaxJar won’t be needed to track everything. In addition, if you’re finding the entire process easy to do then you’re better off doing it on your own.
> > Click Here to Start TaxJar for Free < <
FAQ TaxJar Cpa Ecommerce
Which areas does TaxJar offer API support?
TaxJar currently supports countries like Australia, the United States, the EU, Australia, and Canada.
Do I have the ability to incorporate Shopify with TaxJar?
Yes. You can sync your Shopify account with TaxJar to facilitate monitoring and updates.
Do I have the ability to convert every type of currency with TaxJar?
Unfortunately, no. TaxJar cannot convert currency values. All transactions are in USdollars. If you’re using a different currency, you will need to convert it to USdollars prior to when TaxJar determines your tax.
