Taxes have always been among the hardest things to do, whether you’re running a business or not. Even more so if you do not have a background in finance or accounting. Tax-related tasks aren’t easy, particularly when your whole day is filled with tasks to complete. If you don’t have the budget to engage an accountant performing the task on your own can be dangerous. If you overlook one thing, you might need to repeat the process!
Almost everyone wants to skipping this step. But , as it’s a requirement to be done, we can’t choose not to.
So , what is the best way to deal with it?
We can simplify our lives by using tools like TaxJar.
This article will take a look at this well-known life-saving tool and how it can help you. Although this is quite lengthy, you should be able to assess whether TaxJar is what you need right now.
Prefer watching videos rather than watch them? Take a look at this video by Marcus Stonelius on YouTube they also do a full analysis of TaxJar’s features.
For those who like to read, let’s get right into it.
What exactly is TaxJar? TaxJar Does Gross Sales Include Shipping
The company was founded in 2013 TaxJar is a platform that helps automate your reporting, filings and sales tax calculation. It’s a solution for all aspects of your sales tax cycle. Additionally, you can use it in all of the sales channels you use to ensure compliance with sales taxes. It simplifies the processes that require days to complete and is completed in just a few just a few minutes.
TaxJar has been utilized in various industries like food and beverage businesses, SaaS, retail, services as well as medical institutions.
How can it help you?
TaxJar is widely used by business owners who run online businesses to ensure that everything is simple and organized. Let’s take a look at the features and services offered by TaxJar.
> > Click Here to Start TaxJar for Free < <
Features and services
Integration
One of the most important things you’ll want to check you have a tax accounting platform perfectly integrates with your sales channel. If you’re using multiple sales channels, it is essential to ensure that everything is in order. The last thing you want is to be penalized for overlooking just one minor detail.
TaxJar lets you display your critical data in one location. That way, there’s no need to collect information from multiple sources and then organize it on a single platform. All you have to do is integrate TaxJar, and the platform will handle the rest.
In addition, TaxJar also integrates with other platforms that can help with payments. Here’s a list of the platforms that they can connect with:
Filing
TaxJar allows clients to file their sales taxes manually or through their AutoFile feature. For our review we’ll take a look into both.
If you decide to do it manually, TaxJar will allow you to connect all your sales platforms. When it comes time to filing income tax returns The team will guide you on how to handle them. It is up for you and your staff to complete the process on time. TaxJar will only guide you on what you have to do , but not to handle it.
If you’d prefer an Auto file, TaxJar will do the filling, which means you don’t have to fill out any forms manually. With this feature, everything will be automated from calculating taxes on sales to recording and processing them. There could be additional charges if they are not part of the plan you select.
Sales Tax Reports
As I mentioned earlier it is possible to use TaxJar to assist you with your accounting issues. All orders made through your e-commerce channels can be combined into a single dashboard through this platform. From there you and your team can access everything you need, like an inventory of your transactions, reports, and information.
The best part about the feature you’ve chosen is it allows you to update automatically every day. Not only can they help you keep track of how much you’ve collected however, they can also help you determine when your next payment is due.
The dashboard allows you to see the total sales tax in your business. You can also export the information to CSV format. CSV file, if you want to use it to aid in process of financial planning and accounting or if you require it for central reporting.
Streamlining and Training
TaxJar helps you organize and keep on top of all the sales avenues you use. This means that you don’t have to hunt for your paperwork when you’re in the event of a need. Even even if you already have an accounting firm, the feature can aid them in being more efficient.
Additionally, knowing the figures for your sales tax in advance will help you plan your money more efficiently. You’ll be aware of the budget you have to cover other operational costs.
But what’s even better is that TaxJar provides training and tutorials not only for their platform but everything connected to sales tax. Check out their webinars, guides, as well as their blog to find more details. In addition, their sales tax calculator can be beneficial when you’re planning to do everything on your own.
> > 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 capabilities, but they’re often too costly for your business. For this reason we’ll examine TaxJar’s pricing levels and what each of those options can offer you. Currently, TaxJar offers three plans: Starter, Professional, and Premium.
Starter
Their Starter plan is priced at $19. The company claims that it’s the most effective plan to help you in filing and reporting. It also includes sales tax reporting, four annual AutoFiles for free, as well as the option of a CSV import. Even with the starter plan, you can access their AI tax advice.
If you’re a smaller company manager, the plan will be perfect for you. It may not offer all the features of TaxJar however, it does include the basic features you require.
Additionally, you can contact the support team via their email support chart. You’ll also have access to their integration tools.
Professional
If you’re looking to get different from the standard features Professional might be the right one for you. It’s priced at $99 but it can go higher by adding custom features.
How different is it from the basic plan?
Apart from having access to all of the Starter plan’s features, you also get access to their phone customer support Access to APIs, phone support, and advanced CSV import. They also allow you to get 12 AutoFiles for free each year.
Premium
If you own a huge company, you may need to go for an upgrade instead. It has all of the features you need to help with your taxes. Additionally, they permit unlimited import integrations of data as well as API integrationsfor team users, 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 Does Gross Sales Include Shipping
However, they did say that this plan is tailor-fit to each user. Therefore, the cost will differ according to what you require for your business.
Free Trial
Luckily, you don’t have to risk your money to determine if this service is the right one for you. If you’re still looking into different options, they offer the opportunity to try a free trial for 30 days. This should be enough time to gauge if the platform is the right choice for you.
> > Click Here to Start TaxJar for Free < <
Pros and Pros and
We’ve covered everything you should be aware of TaxJar Let’s relax. To summarize Here are the advantages and disadvantages of making use of TaxJar to run your business.
Pros
- Has a Tax Advisor option for some plans
- AutoFile features can help you to reduce time
- Available in most USA states
- Provides Taxes on sales online calculator
- Support Service Team
- The dashboard is easy to navigate
- Offers a 30-day free trial
- It is possible to integrate it with other platforms.
- It allows you to monitor multiple sales channels
Cons
- 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
- It is important for owners and accountants to recheck local legislations
The Final Verdict
With everything laid down, TaxJar provides a fantastic platform to companies that have multiple sales channels and uses plenty of platforms. If that sounds like what you’re doing, then you must try TaxJar.
Not only will it help you track your revenue and products It can also help you meet the deadlines you set. This is also an excellent platform for an accountant since they offer a Tax Advisor program. There are tips to follow and get knowledge from their seminars about taxes through it.
Using TaxJar can help you get more done while keeping the track of each deadline or requirement you need to fulfill. If you live in a region with a lot of tax regulations, this will certainly help you to get your mind around it. TaxJar Does Gross Sales Include Shipping
If handling your taxes is straightforward, then TaxJar may be an unnecessary investment. If you’re only dealing with one or two channels for sales, TaxJar won’t be needed to track everything. Moreover, if you find the entire process easy to do, you might be better to do it by yourself.
> > Click Here to Start TaxJar for Free < <
FAQ TaxJar Does Gross Sales Include Shipping
What areas does TaxJar offer API support?
TaxJar currently supports countries like those of the United States, the EU, Australia, and Canada.
Do I have the ability to incorporate Shopify together with TaxJar?
Yes. You can sync your Shopify account to TaxJar to make it easier to monitor and updates.
Are there any ways to exchange one kind of currency with TaxJar?
Unfortunately, no. TaxJar cannot convert currency values. All of the transactions are in USdollars. If you’re using a different currency, you will need to convert it into USdollars before TaxJar can calculate the tax.