TaxJar Online Sales Tax

taxjar-review

Taxes have always been one of the most difficult things to handle regardless of whether you run an enterprise or not. More so if you don’t have any experience in accounting or finance. Tax-related issues aren’t easy, particularly when your whole day is full of things to be done. If you don’t have the funds to employ an accountant, performing the task on your own could be risky. If you miss one detail it could mean you have to do it all over again!

Most people want to skipping this step. However, since it’s mandatory, we have no choice.

So what is the best way to deal with it?

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

Here we’ll take a look at this popular life-saving device and how it can benefit you. Even though this is a long read, you should be able to assess whether TaxJar is exactly what you need in the present.

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

If you prefer to read, then we’ll dive right into.

taxjar-logo

What is TaxJar? TaxJar Online Sales Tax

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 the entire life cycle. Furthermore, you can utilize it across all of the sales channels you use to ensure that you are in compliance with your sales taxes. It simplifies the processes that can take days to complete, and can be completed in a matter of only a few minutes.

TaxJar has been utilized in different industries such as food and beverage companies, SaaS, retail, services, and even medical institutions.

How can it help you?

TaxJar is widely used by owners of online businesses to keep everything simple and organized. Let’s take a look at the features and services offered by TaxJar.

TaxJar Online Sales Tax

> > Click Here to Start TaxJar for Free < <

Services and features

Integration

One of the most important things you’ll need to ensure is your tax-reporting system is compatible along with sales funnels. If you’re using 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 lets you display your key metrics in one place. So, there’s no need to collect information from multiple sources and then organize it on a single platform. All you need to do is integrate TaxJar and the platform will handle the rest.

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

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

Filing

TaxJar allows customers to submit their sales tax either manually or via their AutoFile feature. In this review, we’ll take a look at both.

If you opt to go it alone, TaxJar will allow you to connect all the sales channels you use. When the time is right for the filing of income tax returns, the team will instruct you on managing the tax returns. But, it is up to you and your team to complete everything within the timeframe. TaxJar is there to provide guidance on what you should do but not handle it.

If you’d prefer an Auto file, TaxJar will do the filling, which means you won’t need to fill out any forms manually. Through this feature, everything will be automated from calculating sales taxes in order to record and process it. There could be additional charges if they are not included in the plan you chose.

Sales Tax Reports

As mentioned earlier, you can use TaxJar to ease your accounting problems. The orders you place through your online channels can be put together into one dashboard using this platform. Once you’re on the platform you and your staff can access everything you need, like an inventory of your transactions, reports, as well as the data.

The best part about this option is the fact that it allows you to automatically update every day. Not only will they let you know how much you’ve collected and how much you’ve earned, but they also let you keep track of when the next payments are due.

Their dashboard can also allow users to view in detail the overall sales taxes within your company. Additionally, you can export the information as CSV format. CSV file in case you require it in your financial planning and accounting processes or if your team needs it for central reporting.

Streamlining and Training

TaxJar helps organize and keep the track of all the sales avenues you use. It means you don’t need to scramble for your documents when you need them in the event of a need. Even if you already have your accountant, this function can 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 know exactly how much budget you have available for other operating expenses.

What’s more is that TaxJar offers tutorials and training not only for their platform but all things related to sales tax. Check out their webinars, guides and blog for more details. In addition the sales tax calculator should be helpful if you’re planning on take on the entire task yourself.

paper-and-calculator

> > Click Here to Start TaxJar for Free < <

How much does TaxJar cost?

We are aware of how important it is to determine your budget. Certain platforms have amazing capabilities, but they’re often too costly for the business you run. This is why in this section we’ll take a look at TaxJar’s pricing tiers and the features that each of these options can offer you. Presently, TaxJar offers three plans including Professional, Starter and Premium.

Starter

Their Starter plan is priced at $19. They say it’s the most effective plan if you need help with filing requirements or reporting. It includes sales tax reporting, 4 autofiles for free each year, and an CSV import. With the starter plan, you will be able to access their AI tax recommendations.

If you’re a small business owner, this plan will be perfect for you. It may not offer all of TaxJar’s features, but it has the basic features you require.

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

Professional

If you’re looking to get that is more than the standard features, then the Professional plan might be the right one for you. It starts at $99, but you can increase it when you add additional features.

How different is it from the starter plan?

In addition to having access to all of the Starter plan’s features, you also get access to the support of their customer service via phone, API access, and advanced CSV import. They also allow you to receive 12 free AutoFiles every year.

Premium

If you own a huge business, you might need to opt for the Premium plan instead. It includes all of the features needed to help with your taxes. Additionally, they permit unlimited data import integrations, Integrations with APIs, teams of users, and AutoFiles.

They also have a team who are devoted in managing your accounts. However, they don’t disclose the price of the Premium plan. costs you. TaxJar Online Sales Tax

However, they did say that the plan is custom-made for every user. Therefore, the cost will differ depending on what you need for your business.

Free Trial

Fortunately, you don’t need to bet your life on it to find out if the platform is for you. If you’re still considering different options, they offer the opportunity to try a free trial for 30 days. This should give you enough time to determine if the platform is the right choice for you.

glasses-and-pen

> > Click Here to Start TaxJar for Free < <

Pros and Cons

Now that we’ve covered all you need to know about TaxJar Let’s relax. In order to sum up the whole thing, here are the pros and cons of the use of TaxJar to run your business.

Pros

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

Cons

  • AutoFile limit is 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 review local laws

The Final Verdict

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

Not only will it assist you in keeping track of your products and revenue It can assist you in meeting the deadlines you set. It’s also an excellent opportunity for accountants since they provide a Tax Advisor program. There are tips to follow and get knowledge from their seminars about taxes through it.

Utilizing TaxJar will help you get more done while keeping track of every deadline and obligation you have to fulfill. If you’re living in an area with complex tax laws, this will certainly help you to get your mind around it. TaxJar Online Sales Tax

If handling taxes is easy, then TaxJar may be an unnecessary expense. If you’re only dealing with one or two channels of sales, TaxJar won’t be needed to keep track of all of it. Moreover, if you find the whole process easy to do, you might be better to do it on your own.

tax-on-paper

> > Click Here to Start TaxJar for Free < <

FAQ TaxJar Online Sales Tax

Which areas does TaxJar offer API support?

TaxJar currently works with countries like Australia, 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 with TaxJar to facilitate monitoring and updates.

Are there any ways to exchange one type of currency using TaxJar?

Unfortunately, no. TaxJar doesn’t convert currency values. The transactions’ amounts are in USdollars. If you’re using another currency, you’ll need to convert it to US$ before TaxJar can calculate the tax.

man-closing-his-suit

> > Click Here to Start TaxJar for Free < <

error: Content is protected !!