Courtesy Pixabay | Tumisu
In the world of eCommerce, we know there is great opportunity for growth and success.
But we also know there is A LOT to keep track of. And last year’s SCOTUS ruling on sales tax nexus has created even more headaches and additional worry for eCommerce brands.
Luckily, we live in a time where automated programs make tracking important data (such as sales tax reporting) easier than ever.
At Freestyle, we understand all that data can be, well, overwhelming to say the least. That’s why we pride ourselves on creating solutions that work for order and inventory management and all the other variables that come with omnichannel operations…particularly, sales tax.
If sales tax compliance has become an issue you just can’t handle on your own, let us help. Because if you’re at a loss for how to create a sales tax reporting and remitting system that works, we’ve got a suggestion for you.
Automated Sales Tax Solutions…
Implementing an automated online sales tax system to track all your sales tax collecting, reporting and remitting can be a lifesaver for anyone selling with sales tax nexus in multiple states. Doing so can effectively allow you to:
- Accurately calculate eCommerce sales tax requirements in every state you have nexus
- Seamlessly integrate with order and inventory management platforms
- Prepare and file taxes in a timely manner to avoid costly penalties
Still not convinced you need a sales tax solution? Consider the following reasons you need an automated sales tax system before you decide:
- You are 100% responsible for adhering to the correct sales tax rules and regulations.
- Sales tax nexus definitions are continuing to expand, and every eCommerce brand is at risk of noncompliance.
- Not being prepared (and compliant) can result in major, not to mention costly, repercussions.
- Excess time, resources and money are often spent when manual management is attempted…and the opportunity for human error with manual systems is huge.
- Even just understanding sales tax nexus, let alone staying in compliance, can be particularly challenging for eCommerce brands.
Industry studies have shown that automated tax systems can save brands time and resources they’ve previously spent managing their processes. They’ve also curbed unintentional overspending on sales tax remittance and helped with passing audits more easily.
Are you wondering if you need an automated sales tax solution? Our answer? A resounding YES…if you:
- Sell online
- Ship outside of the state you operate your business out of
- Have sales tax nexus in multiple states
- Are unsure if you’re properly collecting, reporting and remitting sales tax
Need help understanding all that goes into proper sales tax compliance? We help hundreds of companies just like yours stay consistent, current and correct when it comes to the challenge of managing all-things-sales tax. Let us help you, too!
Learn more about Freestyle’s tax solutions! And reach out today to find out how the Freestyle M.O.M. TaxJar module can take care of your sales tax compliance.
