TaxCloud is a sales tax management service for U.S. based merchants. It is completely free of charge and easy to use. There are no set-up fees, no transaction fees - no fees of any kind. With TaxCloud, free means free!
How can it be free? The states that have adopted the Streamlined Sales and Use Tax Agreement (SSUTA) have a Certified Service Provider program. As a Certified Service Provider, TaxCloud is compensated by these states for providing sales tax services to merchants.
Once you've signed up with TaxCloud, the service will:
- Determine, in real time, the applicable sales tax rate for all your transactions
- Determine whether any items are exempt from tax
- Automatically integrate changes and updates to tax codes and rates
- Keep track of collected sales taxes to be remitted by your company every month
- Generate and automatically file all your periodic state-by-state sales tax returns
- Remit your tax payments to all applicable jurisdictions
If you want to take advantage of TaxCloud’s free automated filing and remittance features, just take two more steps after signing up:
- Make sure that your account has SSUTA features enabled
- Provide your bank account information so that we can collect your sales tax proceeds and remit them to the states
In addition to calculating the sales tax due on every transaction, TaxCloud will keep track of those taxes and prepare month-end reports for your review. TaxCloud can also automatically file your sales tax returns and remit your payments in many states.
Spark Pay online stores has created an integration for TaxCloud so you can add comprehensive sales tax service to your checkout page with just a couple of clicks.
For more detailed information, visit TaxCloud.net.
To sign up for the service go to – https://taxcloud.net/account/register/?ref=267371E0
How To Setup Tax Cloud within Spark Pay online stores