TaxJar Customer Stories

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Taxes have always been one of the most difficult tasks to complete regardless of whether you run a business or not. More so if you don’t have a background in finance or accounting. Tax-related work aren’t easy, particularly when you’re packed with things to do. When you’re not able to afford enough money to engage an accountant performing the task on yourself can be dangerous. If you overlook one thing and you don’t know it, you may have to do it all over again!

Most people want to skip this step. However, since it’s mandatory 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.

We’ll look at this popular life-saving device and how it can help you. While this is an extensive read but you’ll be able to determine if TaxJar is what you need today.

Do you prefer to watch videos instead? Check out 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, let’s dive right in.

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What exactly is TaxJar? TaxJar Customer Stories

The company was founded in 2013 TaxJar is a platform that helps automate your reporting, filings and sales tax calculation. TaxJar is a solution to your entire sales tax life cycle. Furthermore, you can utilize it in all of the sales channels you use to ensure that you are in compliance with your sales taxes. It streamlines processes that can 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 as well as medical institutions.

How can it help you?

TaxJar is extensively used by online business owners to ensure that everything is organized and straightforward. Let’s look into the benefits and features of TaxJar.

TaxJar Customer Stories

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Features and services

Integration

One of the most important things you’ll want to check is your tax-reporting software perfectly integrates with your sales channel. If you’re using multiple sales channels, you must maintain everything in line. The final thing you would like is to be penalized for missing a single minor point.

TaxJar allows you to show your critical metrics in one spot. This means that there is no requirement to collect information from multiple sources and sort it into one platform. All you need to do is connect TaxJar and the platform will handle the rest.

Other than that, TaxJar also integrates with other platforms to assist in the process of making payments. Here’s a list of the platforms that they can connect with:

  • Xero
  • Amazon
  • Magento
  • BigCommerce
  • Shopify
  • Walmart
  • eBay
  • WooCommerce
  • Square
  • Etsy
  • Stripe
  • PayPal

Filing

TaxJar allows clients to file their sales taxes either manually or via the AutoFile feature. For the purpose of this article, we’ll dig into both.

If you choose to manually file your tax returns, TaxJar will allow you to connect all of those sales tools. When the time is right for the filing of income tax returns, the team will instruct you on how to handle the tax returns. It is up for you and your staff to complete everything within the timeframe. TaxJar will only guide you on what you have to accomplish, but not manage it.

If you’d prefer an Auto file, TaxJar will do the filling for you. This means that you don’t have to fill out all forms by hand. This feature will ensure that everything will be automated, from calculating taxes on sales to recording and processing them. But, it is possible to incur additional charges if they are not included in the plan you chose.

Sales Tax Reports

As we mentioned it is possible to use TaxJar to ease your accounting problems. Your orders from your e-commerce channels can be compiled into one dashboard using this platform. From there you and your team will have access to everything you require, including an inventory of your transactions, reports and information.

The best part about the feature you’ve chosen is it allows you to update your account automatically each day. They not only let to know the amount you’ve collected however, they can also help you keep track of when the next payments are due.

The dashboard allows you to fully view the sales tax totals for your business. Additionally, you can export the information in a CSV file if you need it for your accounting and financial planning processes or if your team requires it for central reporting.

Streamlining and Training

TaxJar assists in organizing and keeping on top of all the channels you sell through. It means you don’t need to hunt for your paperwork 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.

Moreover, knowing the estimates for your sales tax in advance can help you allocate your funds more effectively. You’ll know better how much budget you have available for other operating expenses.

But what’s even better is that TaxJar offers tutorials and training not only for their platform but everything related to sales tax. You can look through their guides, webinars, and blog for more info. Apart from that their sales tax calculator is beneficial when you’re planning to do everything on your own.

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How much does TaxJar cost?

We know how crucial it is to establish your budget. Some platforms offer superb capabilities, but they’re often too costly for your business. For this reason, we’ll look into TaxJar’s pricing levels and what each of these choices can provide you. Currently, TaxJar offers three plans that are: Professional, Starter and Premium.

Starter

Their Starter plan is priced at $19. The company claims that it’s the most effective plan if you need help with filing requirements and reporting. It comes with the tax on sales, 4 autofiles for free each year, and the option of a CSV import. Even with the basic plan, you will be able to access their AI tax advice.

If you’re a small-scale business owner, this plan could be perfect for you. It may not have all of TaxJar’s features however, it does include the essentials that you need.

In addition, you can reach their customer support via their email support chart. You’ll also be able to use their integration tools.

Professional

If you’re looking for something different from the standard features and options, then the Professional plan might be the right one for you. The price starts at $99 but it can go higher by adding custom features.

So how different is it from the starter plan?

In addition to having access to every one of Starter plan’s options, you also have access to their support via phone Access to APIs, phone support, and advanced CSV import. They also allow you to have 12 free AutoFiles each year.

Premium

If you have a massive enterprise, you may want to opt for an upgrade instead. It comes with all the features that you require to aid in your tax preparation. Moreover, they allow unlimited import integrations of data Integrations with APIs, teams of users and AutoFiles.

They also have a team that is devoted for managing the account. They don’t reveal the amount that the Premium plan costs you. TaxJar Customer Stories

However, they did say that this plan is customized to each user. So the costs will vary according to what you require for your business.

Free Trial

It’s a good thing that you don’t have to risk your money to see if this platform is for you. If you’re still considering other options, they have the opportunity to try a free trial for 30 days. It should give you enough time to determine if the platform is an excellent fit for you.

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Pros and Pros and

We’ve covered everything you should be aware of TaxJar Let’s relax. In order to sum up the whole thing Here are the advantages and disadvantages of using TaxJar for your company.

Pros

  • Has a Tax Advisor option for some plans
  • AutoFile features help save time
  • Available in most USA states
  • Offers on the internet for sales tax calculator
  • Has support service team
  • The dashboard is simple to navigate
  • It offers a free trial of 30 days.
  • It can be integrated with other platforms.
  • Allows you to track multiple sales channels

Cons

  • Limits for AutoFile are based on the plan
  • AutoFile has extra fees
  • Certain countries will not be able to access the API feature
  • Only applicable for USA customers
  • Owners and accountants should recheck local legislations

The Final Verdict

With everything clearly laid out, TaxJar provides a fantastic platform to companies that have numerous sales channels, and that utilizes numerous platforms. If this sounds like the way you’re doing, then must try TaxJar.

Not only will it assist you in keeping track of the sales and profits of your business, but it can also help you meet the deadlines you set. This is also an excellent opportunity for accountants since they offer tax Advisor program. You can get tips and get knowledge from their seminars on taxes by using it.

Utilizing TaxJar can allow you to reduce time and keep track of every deadline or requirement you need to meet. If you live in an area with complex tax laws, this can certainly help you to get your head around the subject. TaxJar Customer Stories

But if handling your taxes is simple If it isn’t, then TaxJar could be a waste of expense. If you’re only dealing with one or two channels of sales, TaxJar won’t be needed to track all of it. Moreover, if you find the entire process easy to do, you might be better to do it on your own.

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FAQ TaxJar Customer Stories

What are the areas in which TaxJar provide API support?

TaxJar currently supports countries like Australia, the United States, the EU, Australia, and Canada.

Can I incorporate Shopify into TaxJar?

Yes. You can link your Shopify account with TaxJar to make it easier to monitor and updates.

Do I have the ability to convert every kind of currency using TaxJar?

Unfortunately, no. TaxJar does not convert currency values. All transaction amounts are n USdollars. If you’re using a different currency, you’ll need to convert it into USdollars prior to when TaxJar determines your tax.

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