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Taxes have always been among the most difficult tasks to complete, whether you’re running a business or not. Even more so if you do not have a background in finance or accounting. Tax-related issues can be overwhelming, particularly when you’re filled with tasks to complete. If you don’t have the funds to engage an accountant making it your own could be risky. If you overlook one thing it could mean you have to do it all over again!

Almost everyone wants to skipping this step. But , as it’s a requirement and mandatory, there’s no other choice.

What can we do ?

It is always possible to simplify our lives by using tools like TaxJar.

Here we’ll take a look at this popular life-saving tool and explain how it can assist you. Even though this is an extensive read but you’ll be able to determine if TaxJar is what you need today.

Are you looking to watch videos instead? Check out this video – by Marcus Stonelius on YouTube they also provide a comprehensive review of TaxJar’s features.

If you prefer to read, let’s get right into it.

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What is TaxJar? TaxJar Headquarters Address

In 2013, TaxJar was established. TaxJar is a platform that helps automate your reporting, filings and sales tax calculations. It is a solution for the entire life cycle. Furthermore, you can utilize it across all of the sales channels you use to make sure you’re in compliance with sales tax requirements. It streamlines processes that require days to complete and finish within minutes.

TaxJar has been 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 owners of online businesses to ensure that everything is neat and simple. Let’s take a look at the features and services offered by TaxJar.

TaxJar Headquarters Address

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Features and services

Integration

One of the first things you’ll need to ensure you have a tax accounting 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 overlooking just one minor detail.

TaxJar allows you to show your critical metrics in one spot. This means that there is no need to collect data in multiple channels and sort it into one platform. All you need to do is to integrate TaxJar, it will do the rest.

Apart from that, TaxJar also integrates with other platforms that help in the process of making payments. Here’s a list of platforms they are able to integrate with:

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

Filing

TaxJar allows clients to submit their sales tax either manually or via the AutoFile feature. In this review, we’ll look into both.

If you decide to do it manually, TaxJar will allow you to connect all of the sales channels you use. When the time is right for the filing of income tax returns TaxJar will train you on managing the tax returns. But, it is up to you and your staff to complete everything in time. TaxJar will only guide you on what you should do but not handle it.

If you prefer an Auto file, TaxJar will do the filling, which means you don’t have to submit all forms by hand. This feature will ensure that everything will be automated, from calculating sales taxes in order to record and process them. There could be additional charges if they are not included in the plan you select.

Sales Tax Reports

As we mentioned, you can use TaxJar to assist you with your accounting problems. Your orders from your e-commerce channels can be compiled into one dashboard using this platform. Once you’re on the platform you and your team will have access to everything you need, such as an inventory of your transactions, reports, as well as data.

The greatest benefit of the feature you’ve chosen is it lets you to update your account automatically each day. Not only can they help you know how much you’ve accumulated and how much you’ve earned, but they also let you track when your following payment is due.

The dashboard allows you to see the overall sales taxes for your business. Additionally, you can export the information in a CSV file in case you require it for your process of financial planning and accounting or if your team needs it for central reporting.

Streamlining and Training

TaxJar assists in organizing and keeping the track of all the channels you sell through. This means that you don’t have to scramble for your documents when you need them in the event of a need. Even even if you already have an accountant, this function will help them be more efficient.

Furthermore, knowing the estimated amount for your sales tax in advance can help you allocate your money more efficiently. You’ll be aware of the budget you have for other operational costs.

The best part is that TaxJar provides training and tutorials not only on their platform, but everything related to sales tax. You can look through their webinars, guides and blog for more information. Additionally, their sales tax calculator should be helpful if you’re planning on take on the entire task yourself.

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How much does TaxJar cost?

We know how crucial it is to determine your budget. Some platforms offer superb capabilities, but they’re often too costly for the business you run. For this reason we’ll examine TaxJar’s pricing tiers and what each of these options can offer you. Currently, TaxJar offers three plans: Starter, Professional, and Premium.

Starter

The Starter plan is priced at $19. They say it’s the most effective plan if you need help in filing and reporting. It includes sales tax reporting, four free yearly AutoFiles, and an CSV import. Even with the basic plan, you will be able to access their AI tax tips.

If you’re a small-scale company manager, the plan will be perfect for you. It might not include all the features offered by TaxJar however, it does include all the basics you require.

In addition, you can reach their customer support via their support chart for email. You’ll also have access to their integration tools.

Professional

If you’re looking for something that is more than the basics Professional could be the one for you. It starts at $99, but you can increase it if you add custom features.

What is the difference from the basic plan?

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

Premium

If you have a massive enterprise, you may want to go for the Premium plan instead. It has all of the features needed to aid in your tax preparation. In addition, they offer unlimited data import integrations, Integrations with APIs, teams of members as well as AutoFiles.

They also have a team who are devoted for managing the account. They don’t reveal the price of the Premium plan. is going to cost. TaxJar Headquarters Address

However, they did say that the plan is custom-made to each user. So the costs will vary according to what you require for your company.

Free Trial

Luckily, 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 the opportunity to try a free trial for 30 days. It should give you enough time to gauge whether the software is an excellent fit for you.

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Pros and Pros and

We’ve covered everything you must be aware of TaxJar let’s take a breather. To summarize, here are the pros and cons of using TaxJar for your business.

Pros

  • There is a Tax Advisor option for some plans
  • AutoFile features can help you save time
  • Available in most USA states
  • Provides an online sales tax calculator.
  • Support Service Team
  • The dashboard is simple to navigate
  • The company offers a 30-day trial for free.
  • It is able to be integrated with other platforms.
  • It allows you to monitor multiple sales channels

Cons

  • AutoFile limit is based on the plan
  • AutoFile has extra fees
  • Certain countries will not have access to the API feature
  • Only valid for USA customers
  • It is important for owners and accountants to review local laws

The Final Verdict

With everything laid out, TaxJar is an excellent platform for companies with numerous sales channels, and that utilizes plenty of platforms. If that sounds like what you do, then you should try this.

Not only can it assist you in keeping track of your revenue and products It can also help you meet your deadlines. This is also an excellent opportunity for accountants since they have a Tax Advisor program. You can get tips and get knowledge from their seminars about taxes through it.

Utilizing TaxJar will help you save more time while keeping on top of each deadline and obligation you have to fulfill. If you’re in a place with complicated tax laws, this will certainly help you to get your mind around it. TaxJar Headquarters Address

If handling your taxes is straightforward, then TaxJar could be a waste of investment. If you only have one or two sales channels, TaxJar won’t be needed to track everything. In addition, if you’re finding the entire procedure simple to follow then you’re better in doing it all on your own.

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FAQ TaxJar Headquarters Address

What areas does TaxJar provide API assistance?

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

Do I have the ability to connect Shopify with TaxJar?

Yes. You can link your Shopify account with TaxJar for easier monitoring and updates.

Are there any ways to exchange one kind of currency with TaxJar?

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

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