Once your company is registered, however, taking the steps to ensure your business achieves sales tax compliance can be intimidating. It’s not so difficult when you operate a brick-and-mortar store at which you simply charge the local rate. But when you operate an e-commerce store, the rules change. That’s because e-commerce vendors often sell their products to customers in states other than the one their business is located in — states that sometimes have different tax rates. Additionally, the city or township your customer lives in may levy additional taxes. Paying taxes to these states and jurisdictions is what is meant by the term “use tax.” Charging and paying e-commerce use taxes and sales taxes are simply part of doing business online.
As you may guess, keeping up with the tax rates in every part of the U.S. can be a full-time job in itself. To make the process easier, our sales tax firm can set up a digital tax solutions system for you that automatically calculates the taxes in whatever locations your customers are in. As convenient as this e-commerce use tax solution is, you still must remit the taxes you collect to the appropriate jurisdictions. This is a tedious and time-consuming job, and it’s one our customers are happy to turn over to our sales tax firm.
If you are debating whether to take on collecting and paying sales and use taxes on your own or availing yourself of our e-commerce sales and use tax solutions, you may benefit from a free one-hour consultation with one of our specialists. During your consultation, we explain how to avoid the traps and pitfalls of sales tax compliance and we provide advice and affordable e-commerce tax solutions. Book your consultation today, and learn how your company can benefit from our e-commerce sales and use tax solutions.
We have the experience using web applications such as TaxJar and TrustFile, and can recommend the one that will work best for your transactions. With software solutions available, there’s no reason your company can’t get compliant quickly. We’ll offer the best solution for your business and make sure that it’s implemented so you can concentrate on running your business.