2020 Sales Tax Apps for Online Sellers | Avalara, Taxjar, and Taxify | Summary and Q&A

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August 31, 2020
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LedgerGurus
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2020 Sales Tax Apps for Online Sellers | Avalara, Taxjar, and Taxify

TL;DR

The video discusses three sales tax apps - Avalera, Taxify, and Texture - and explains how they can help businesses with sales tax collection, calculation, and filing.

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Key Insights

  • 🚕 Online sales tax collection is complex due to varying state rules, rates, and tax structures.
  • 😀 Sales tax apps, such as Avalera, Taxify, and Texture, can simplify the process and ensure accuracy.
  • 🛃 Avalera has the most comprehensive solution, Taxify offers flexibility, and Texture is suitable for custom websites.
  • 😀 All three apps have integrations with various sales channels and ERP systems.
  • 👤 Taxify provides a user-friendly experience and responsive customer support.
  • ❓ Pricing for Avalera is customized, while Taxify and Texture offer transparent pricing options.

Transcript

hi online sellers how are you doing today hope you're all having a great day this is kasheen from ledger gurus and today i will share with you what i know about all the sales tax apps out there to help your business run better at the end of the video you'll know how these how each of these sales tax app works i will specifically cover avalera textu... Read More

Questions & Answers

Q: Why is online sales tax collection complicated?

Online sales tax is complicated because each state has its own rules, rates, tax structures, and taxability metrics, making it challenging for businesses to keep track.

Q: How can sales tax apps help businesses?

Sales tax apps ensure accurate tax collection, stay updated with changing rules and rates, guarantee timely filing, and provide integration with existing sales channels and accounting software.

Q: What is the difference between a sales tax engine and a sales tax filing tool?

A sales tax engine is responsible for calculating the amount of tax a customer needs to pay, while a sales tax filing tool summarizes and reports the data to the state for filing.

Q: Which sales tax app is the most comprehensive?

Avalera is considered the most comprehensive sales tax software as it covers all sales and use tax needs, has accurate tax rates, and integrates with various platforms and ERP systems.

Q: Can all sales tax apps act as the sales tax engine for every sales channel?

No, each sales tax app has its partnerships and integrations. For example, Avalera is the exclusive sales tax engine for Shopify, while Taxify and Texture have their own integrations and capabilities.

Summary & Key Takeaways

  • Sales tax collection and calculation for online sellers is complicated due to varying tax rules and changing laws and rates.

  • Sales tax apps, such as Avalera, Taxify, and Texture, can help businesses be accurate in tax collection, stay updated with changing rules, and streamline the filing process.

  • Avalera is the most comprehensive and accurate sales tax software, Taxify is flexible and user-friendly, while Texture is suitable for businesses with their own custom websites.

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