Shopify merchants have access to the best tools that help them scale their businesses. While many of these tools help them manage sales, one Shopify app by TaxCloud allows them to automate sales tax. It is available as TaxCloud Simple Sales Tax on the Shopify App Store.
TaxCloud is a leader in taxation and compliance. Its new app automatically transfers data from an online store to TaxCloud for the compilation and filing of sales tax returns. The app also acts as a bridge between Shopify merchants and the state’s authorisation as it remits sales tax proceeds to the government. It promises complete monitoring of sales tax compliance to help Shopify merchants stay free of stress and focus on business growth.
The Simple Sales Tax app allows Shopify sellers to quickly and easily tackle their sales tax compliance challenges in a highly affordable manner.
Patrick Riley, Vice President, Business Development, TaxCloud
How TaxCloud Simple Sales Tax Works?
The impressive sales tax compliance engine works on a cloud platform so sales data of any size can be managed easily. It calculates taxes on real-time bases and provides offline support to merchants based in the United States. TaxCloud Simple Sales Tax automates the process of registration, filing, remittance, and audit response. TaxCloud also ensures indemnification to its clients.
“Online retailers are constantly looking for ways to become more efficient and find more time to grow their business,” TaxCloud Vice President of Business Development Patrick Riley said in a press release.
“The Simple Sales Tax app allows Shopify sellers to quickly and easily tackle their sales tax compliance challenges in a highly affordable manner,” he added.
Critical Commerce Technology
Shopify values its ecosystem more than any other e-commerce platform. Welcoming TaxCloud to the Shopify App Store, Shopify’s Director of Partnerships Sid Murlidhar said: “At the core of Shopify’s Ecosystem is our community of developers who give merchants access to critical commerce technology”.
“We’re happy to welcome TaxCloud to the Shopify App Store, bringing its insight and experience in tax compliance to Shopify’s millions of merchants,” Murlidhar added.
More About TaxCloud Simple Sales Tax App
TaxCloud Simple Sales Tax is quite beneficial for small businesses as it claims to compile sales tax at the speed of commerce. It offers a free trial for five days, following which it charges $99/month. The basic plan comes with enhanced services like filing of sales tax, remittance of proceeds to the Member States, audit support, and indemnification.
Top Highlights of TaxCloud Simple Sales Tax App:
- Automation
The automation of sales tax filing is the most prominent feature of TaxCloud Simple Sales Tax app. It covers all 25 TaxCloud member states. For the non-member states, it collects sales data manually, which also saves a lot of time for merchants.
- Support
TaxCloud Simple Sales Tax app promises constant support from its client success team. Professional experts answer each question raised by Shopify merchants and fulfill all sales tax needs.
- Audit
The app also provides audit responses in cases where merchants are audited by a state. TaxCloud Simple Sales Tax promises complete support to merchants in all sales tax needs.
Shopify’s Initiative For US Merchants
Shopify also has a tool of its own to help its merchant partners in the US to manage taxes. In October, it launched Shopify Tax to help merchants control sales tax insights and collection from their Shopify admin itself. Sales tax in the US is quite complicated as rates and regulations vary across 46 states and over 11,000 jurisdictions.
By easing the tax compliance process, Shopify Tax allows business owners to focus more on things that matter and spend less time managing sales tax. Shopify Tax comes with three primary features:
- It tracks state-level tax liabilities by overseeing current sales tax obligations.
- It collects the correct amount at the right time by activating collection at checkout with the product and all updates are automatic.
- Once the products are categorised, Shopify applies regulatory changes and rates as and when required.
Shopify’s VP Product Kaz Nejatian tweeted: “Managing sales tax is a headache for most entrepreneurs. That’s why we made Shopify Tax. The easiest way to give business owners a path to tax compliance, no matter their size. A huge win for our merchants”.
