Taxes are always one of the most difficult tasks to complete regardless of whether you’re running your own business or not. Particularly if you don’t have a degree in finance or accounting. Tax-related tasks aren’t easy, particularly when you’re packed with things to do. If you don’t have enough money to engage an accountant performing the task on yourself can be risky. If you miss one detail and you don’t know it, you may need to repeat the process!
Most people want to avoid this step. But , as it’s a requirement to be done, we can’t choose not to.
So , what can we do ?
We can always simplify our lives by using tools like TaxJar.
We’ll look at this life-saving tool and how it can benefit you. Even though this is a long read but you’ll be able to determine if TaxJar is the tool you require today.
Prefer video streaming instead? Watch this video – by Marcus Stonelius on YouTube they also provide a comprehensive review of the features offered by TaxJar.
For those who like to read, then let’s dive right in.
What is TaxJar? TaxJar Customer Service Salary
In 2013, TaxJar was established. TaxJar is an application that automatizes your reporting, filings and sales tax calculation. TaxJar is a solution to all aspects of your sales tax cycle. In addition, you can apply it in all of your sales channels to ensure compliance with sales taxes. 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 various industries like food and beverage companies, SaaS, retail, services, and even medical institutions.
What can it do to help you?
TaxJar is widely used by online business owners to keep everything simple and organized. Let’s look into the benefits and features of TaxJar.
Services and features
One of the most important things you’ll need to ensure is that your accounting tax system is compatible in conjunction with the sales channels you use. If you’re using multiple sales channels, it is essential to keep everything in place. The last thing you want is to be penalized for not paying attention to a minor thing.
TaxJar lets you display your key metrics in one spot. That way, there’s no need to collect data in multiple channels and sort it into one platform. All you have to do is to integrate TaxJar and the platform will handle the rest.
In addition, TaxJar also integrates with other platforms that help with payment processing. Here’s a list of the platforms they are able to integrate with:
TaxJar lets customers make sales tax filings by hand or using the AutoFile feature. In the purpose of this article, we’ll dig at 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 tax returns for income TaxJar will train you on how to manage them. However, it will be up for you and your team to complete everything on time. TaxJar is only there to guide you on what you have 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 the forms in a manual manner. Through this feature, everything will be automated from calculating taxes on sales 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 choose.
Sales Tax Reports
As mentioned earlier that you can utilize TaxJar to ease your accounting issues. Your orders from your e-commerce channels can be put together into a single dashboard through this platform. From there, you and your team will have access to everything you require, including the list of transactions, reports and the data.
The best part about the feature you’ve chosen is it lets you to automatically update every day. They not only let to know the amount you’ve accumulated however, they can also help you track when your following payments are due.
The dashboard allows users to view in detail the sales tax totals for your business. It is also possible to export the information in a CSV file, if you want to use it for your process of financial planning and accounting or if your team requires it to run centralized reports.
Streamlining and Training
TaxJar assists in organizing and keeping the track of all the channels you sell through. That means you won’t have to scramble for your documents when you’re when you’re in a pinch. Even even if you already have an accountant, this feature will make them more efficient.
Additionally, knowing the figures for your sales tax in advance can help you allocate your money more efficiently. You’ll know better how much budget you have to cover other operational costs.
But what’s even better is that TaxJar offers training and tutorials and tutorials, not just for their platform but everything connected to sales tax. You can look through their webinars, guides, or blog posts for additional information. Additionally their sales tax calculator can be helpful if you’re planning on complete everything yourself.
How much does TaxJar cost?
We understand how important it is to set your budget. Some platforms offer superb features, but they can be too costly for the business you run. For this reason we’ll examine TaxJar’s pricing structures and what each of those options can offer you. Presently, TaxJar offers three plans including Professional, Starter and Premium.
Their Starter plan starts at $19. They claim that it’s the most suitable plan for you if you need help in filing and reporting. It comes with the tax on sales, four annual AutoFiles for free, as well as a CSV import. Even with the basic plan, you have access to their AI tax tips.
If you’re a small-scale business owner, this plan should be perfect for you. It might not include all of TaxJar’s features, but it has the basic features you require.
Additionally, you can contact their support team with their email support chart. You’ll also be able to use their integration features.
If you’re looking to get a bit more than just the basic features Professional may be the best option for you. It starts at $99, but you can increase it when you add additional features.
What is the difference from the basic plan?
In addition to having access to every one of Starter plan’s features, you also have the support of their customer service via phone access to APIs, as well as the ability to do advanced CSV import. Additionally, they allow you to receive 12 free AutoFiles every year.
If you have a massive company, you may need to go for an upgrade instead. It includes all of the features that you require to make your tax filing easier. Additionally, they permit unlimited data import integrations as well as Integrations with APIs, teams of members as well as AutoFiles.
They also have a staff that is devoted to managing your account. But, they don’t divulge the amount that the Premium plan costs you. TaxJar Customer Service Salary
However, they did mention that this plan is customized for every user. So the costs will vary in line with what you require to run your business.
Fortunately, you don’t need to gamble your money just to see if this platform is the right one for you. If you’re still considering different options, they offer a 30-day free trial. This should give you enough time to see whether the service is a good fit for you.
Pros and Pros and
We’ve covered everything you need to be aware of TaxJar let’s take a break. To summarize Here are the advantages and disadvantages of using TaxJar for your business.
- Has the Tax Advisor option for some plans
- AutoFile features can help you to reduce time
- Available in most USA states
- Provides an online sales tax calculator
- Has support service team
- The dashboard is easy to navigate
- It offers a free trial of 30 days.
- It is possible to integrate it with other platforms.
- Allows you to track multiple sales channels
- Limits on AutoFile are determined by the plan
- AutoFile has extra fees
- Some countries won’t have access to the API feature
- Only applicable to USA customers.
- Owners and accountants should review local laws
The Final Verdict
With everything laid out, TaxJar provides a fantastic platform to companies that have numerous sales channels, and that utilizes many platforms. If that’s what you do, then you must try TaxJar.
It’s not just a way to assist you in keeping track of your products and revenue, but it can help you meet your deadlines. It’s also an excellent option for accountants as they provide the Tax Advisor program. You can find tips and get knowledge from their seminars regarding taxes via it.
Utilizing TaxJar will help you reduce time and keep track of every deadline and obligation you have to fulfill. If you’re living in a region with a lot of tax laws, this will definitely help you get your head around it. TaxJar Customer Service Salary
However, if managing taxes is easy If it isn’t, then TaxJar could be a waste of investment. If you only have one or two channels of sales, TaxJar won’t be needed to keep track of all of it. In addition, if you find the whole procedure simple to follow then you’re better in doing it all on your own.
FAQ TaxJar Customer Service Salary
What areas does TaxJar provide API support?
TaxJar currently works with countries like the United States, the EU, Australia, and Canada.
Can I connect Shopify with TaxJar?
Yes. You can link your Shopify account to TaxJar to facilitate monitoring and updates.
Can I convert any kind of currency using TaxJar?
Unfortunately, no. TaxJar doesn’t convert currency values. All transactions’ amounts are in US$. If you’re using another currency, you’ll need to convert it into US$ prior to when TaxJar determines the tax.