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 any experience in accounting or finance. Tax-related work aren’t easy, particularly when your whole day is full of things to be done. When you’re not able to afford the budget to employ an accountant, performing the task on your own can be dangerous. If you overlook one thing it could mean you have to redo things again!
Nearly everyone would prefer to skip this step. But , as it’s a requirement to be done, we can’t choose not to.
What can we do about it?
It is always possible to make life easier by using tools like TaxJar.
We’ll look at this well-known life-saving tool and explain how it can help you. While this is an extensive read, you should be able to assess whether TaxJar is what you need in the present.
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.
For those who like to read, then we’ll dive right into.
What is TaxJar? TaxJar Customer Service
In 2013, TaxJar was established. TaxJar is a platform that helps automate your filings, reports, and sales tax calculation. It is a solution for all aspects of your sales tax cycle. In addition, you can apply it across all your channels of sales to ensure compliance with sales tax requirements. It makes the process simpler that could can take days to complete, and can be completed in a matter of just a few minutes.
TaxJar is used in different industries such as food and beverage businesses, SaaS, retail, services and even medical establishments.
What can it do to help you?
TaxJar is widely used by online business owners to make their business more simple and organized. Let’s take a look at their features and services.
Features and services
One of the first things you’ll need to ensure you have a tax accounting software seamlessly works well with your sales channel. If you have multiple sales channels, you need to ensure that everything is in order. The most important thing is not to face a penalty due to overlooking just one minor detail.
TaxJar allows you to show your critical metrics in one place. That way, there’s no need to collect data in multiple channels and sort it into one platform. All you need to do is integrate TaxJar it will handle the rest.
In addition, TaxJar also integrates with other platforms to assist with payments. Here’s a list of the platforms they can integrate with:
TaxJar allows customers to submit their sales tax either manually or via their AutoFile feature. In our review we’ll take a look into both.
If you choose to go it alone, TaxJar will allow you to connect all those sales tools. Once the time comes for the filing of income tax returns, the team will instruct you on managing these. However, it will be up for you and your team to finish the tax returns in time. TaxJar is there to guide you on what you should do but not handle it.
If you would prefer an Auto file, TaxJar will do the filling for you. This means that you don’t have to fill out any forms manually. With this feature, everything will be automated from calculating taxes on sales through recording, and then processing it. However, there might be additional costs if the feature is you do not include this feature in the plan you choose.
Sales Tax Reports
As I mentioned earlier, you can use TaxJar to help you with your accounting issues. Your orders from your e-commerce channels can be put together into one dashboard using this platform. Once you’re on the platform you and your team will have access to everything you require, including the list of transactions, reports, as well as the data.
The best part about this feature is that it lets you to update your account automatically each day. They not only let to know the amount you’ve earned however, they can also help you track when your following payment is due.
Their dashboard can also allow users to view in detail the sales tax totals for your business. Additionally, you can export the data to CSV format. CSV file, if you want to use it in your accounting and financial planning processes or if you require it for central reporting.
Training and Streamlining
TaxJar helps you organize and keep track of all of the channels you sell through. That means you won’t have to scramble for your documents when you need them in the event of a need. Even if you already have your accountant, this function will aid them in being more efficient.
Furthermore, knowing the estimated amount for your sales tax in advance can help you allocate your funds better. You’ll know better how much budget you have available for other operating expenses.
The best part is that TaxJar offers training and tutorials not only for their platform , but also for anything that has to do with sales tax. You can look through their webinars, guides as well as their blog to find more details. Additionally their sales tax calculator is helpful if you’re planning on do everything on your own.
How much does TaxJar cost?
We are aware of how important it is to establish your budget. Certain platforms have amazing features, but they’re sometimes too costly for the business you run. For this reason, we’ll look into TaxJar’s pricing structures and the features that each of these choices can provide you. At present, TaxJar offers three plans: Starter, Professional, and Premium.
Their Starter plan costs $19. They claim that it’s the best plan to help you with filing requirements or reporting. It includes the tax on sales, 4 autofiles for free each year, and the option of a CSV import. Even with the basic plan, you can access their AI tax recommendations.
If you’re a smaller company proprietor, then this program will be ideal for you. It might not include all of TaxJar’s features but it comes with the basic features you require.
In addition, you can reach the support team via their support chart for email. You’ll also have access to their integration tools.
If you’re looking to get different from the basic features and options, then the Professional plan may be the best option for you. The price starts at $99 however, it could go up if you add custom features.
How different is it from the original plan?
Apart from having access to all of the Starter plan’s features, you also get access to the support of their customer service via phone Access to APIs, phone support, and sophisticated CSV import. You can also get 12 AutoFiles for free each year.
If you own a huge enterprise, you may want to go for an upgrade instead. It includes all of the features you need to make your tax filing easier. In addition, they offer unlimited import integrations of data as well as Integrations with APIs, teams of members, and AutoFiles.
They also have a team that is devoted to managing your account. But, they don’t divulge the price of the Premium plan. is going to cost. TaxJar Customer Service
However, they did say that this plan is customized for each user. So the costs will vary in line with what you require to run your business.
It’s a good thing that you don’t have to bet your life on it to see if this platform is right for you. If you’re still looking into other options, they have a 30-day free trial. It should give you enough time to see whether the service is a good fit for you.
Pros and Pros and
After we’ve gone over everything you must be aware of TaxJar let’s take a breather. To sum it all up we’ll go over the advantages and disadvantages of using TaxJar to run your business.
- There is the Tax Advisor option for some plans
- AutoFile features help to reduce time
- Available in most USA states
- Provides 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.
- It allows you to monitor multiple sales channels
- Limits on AutoFile are determined by the plan
- AutoFile has extra fees
- Certain countries will not have access to the API feature.
- Only valid for USA customers
- Owners and accountants should recheck local legislations
The Final Verdict
With everything clearly laid down, TaxJar provides a fantastic platform to businesses with many sales channels and utilizes plenty of platforms. If that sounds like what you’re doing, then ought to try this.
Not only can it aid in tracking the sales and profits of your business It can also help you meet the deadlines you set. It is also a great opportunity for accountants since they offer tax Advisor program. You can get tips and get knowledge from their seminars about taxes through it.
Using TaxJar can help you save more time while keeping track of every deadline and requirement you have to fulfill. If you’re living in a place with complicated tax regulations, this will surely help you wrap your head around it. TaxJar Customer Service
However, if managing your taxes is simple If it isn’t, then TaxJar could be a waste of investment. If you’re only dealing with one or two channels of sales, TaxJar won’t be needed to keep track of everything. If you’re finding the entire process easy to do, you might be better to do it on your own.
FAQ TaxJar Customer Service
What 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 integrate Shopify with TaxJar?
Yes. You can sync your Shopify account to TaxJar for easier 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 US$. If you’re using another currency, you will need to convert it to USdollars prior to when TaxJar will calculate the tax.