Whether you’re a small business owner or an individual, tax solutions are available to help you save time and money. They can also simplify compliance with taxes and allow you to get bigger refunds.
From dynamic, cloud-based tax software solutions to next-gen research tools, you can find the best technology for your firm’s needs and budget. Choose the future-ready technology that will help you navigate change, reduce risk and improve efficiency today.
TaxJar
TaxJar is an online sales tax calculator that is designed to help small businesses stay compliant with US state and local taxes. It is a great tool for eCommerce business owners and offers a variety of features to simplify the process of tracking, filing and reporting sales taxes.
The solution works by aggregating data from all of your e-commerce platforms and providers to prepare and file your sales tax returns. It also automates the process of submitting your returns and making payments.
This allows you to avoid errors and late submissions as well as ensure that you comply with all due dates for each state. It also eliminates the need for paper or online forms and enables you to manage exemptions easily.
The best part is that you can pay as little as $17 a month for the basic plan. The Premium plan costs more based on your monthly sales volume, but it includes features such as one-click integrations with major e-commerce platforms and multi-channel data aggregation.
AvaTax
AvaTax is a cloud-based solution that automates sales and use tax calculation, remittance and compliance. It enables businesses to control the complexity of managing foreign transactions and tax rules, delivering a transparent and smooth online shopping experience for their customers.
It eliminates ongoing maintenance and support, giving you precise tax calculations in an instant based on location, taxability rules and customer exemption status. It also provides on-demand reports and syncs invoices for filing.
With 700+ ready integrations, AvaTax can be used with a wide range of e-commerce, ERP and accounting solutions. It supports hundreds of countries, including many EU states.
AvaTax offers additional features for merchants that need to be compliant with EU VAT requirements. These include Location Validation for Digital Services evidence requirements and Country Invoice Sequencing if you need a separate invoice sequence for each EU country.
TaxWise Online
TaxWise Online is a scalable cloud-based tax compliance application from Wolters Kluwer, well-suited for small to mid-sized firms that process federal and state individual forms.
This software aims to maximize efficiency, productivity and revenue for tax preparers of all levels, whether they are new or experienced. It helps tax professionals grow their business and serve the needs of their clients, while enabling them to prepare and file tax returns in less time from anywhere.
It offers a form-entry and interview mode, interface customization, diagnostics, online tax preparation, and bank product integration. It also has a mobile app and refund estimator.
In addition, it has a streamlined user interface that makes it easy to navigate. It also supports carry-forward data from one year to the next. Its diagnostics feature identifies data entry errors and leads you to the source of the problem, which may be a missing field or an incorrect tax rate. It also has a ‘What if’ feature, which allows you to easily test various scenarios for your clients prior to filing their return.
TaxDome
TaxDome is an all-in-one platform that combines the business functions used by accountants and bookkeepers into a simple but powerful workspace. It offers a client portal, workflow automation, email sync, document storage, and more.
The software allows firms to automate workflows, ensuring everything is in line and nothing falls through the cracks. It also allows management to track tasks, reassign tasks, and receive status alerts.
With TaxDome, firms can reduce the amount of time spent on admin work and focus on billable work for their clients. It also provides a bird’s eye view of the team’s and projects’ progress, making it easier to delegate tasks.
Users can print directly from their tax or bookkeeping software to their client account in TaxDome and request e-signatures on the white-labeled client portal or mobile app. They can automatically keep their client files in sync with their PC, just like Dropbox or OneDrive, fully integrated with the rest of their practice management system without extra cost.