NORWALK, Conn.--(BUSINESS WIRE)--On April 1, 2019, California, the world’s fifth largest economy, becomes the 34th state to compel out-of-state sellers to collect sales tax as a result of the June 2018 Wayfair ruling. These states have a myriad sales tax rates, rules, and jurisdictions that create significant challenges for online retailers to resolve. TaxCloud is pleased to announce a national SiriusXM advertising campaign promoting its proprietary software that can relieve this sudden burden with immediacy and ease.
Retailers sign up with TaxCloud in just minutes by registering at https://taxcloud.com and by following step-by-step video tutorials. TaxCloud is integrated with many of the popular shopping carts and marketplaces including Amazon, Etsy, Shopify, and Bonanza. Additionally, TaxCloud can be found in the Amazon Marketplace Appstore and Etsy Shop Manager.
“California's guidance to out-of-state retailers that they should start to collect its sales tax presents an immediate and sizable problem for online retailers. TaxCloud is an easy-to-use, affordable solution that takes a retailer as little as six minutes to set up,” says David Campbell, TaxCloud’s CEO. “We’ve been helping thousands of online retailers comply with sales tax obligations since TaxCloud’s launch eight years ago. We believe TaxCloud is the most secure, scalable, and cost-effective sales tax compliance service available on the Internet. We want to be sure everyone knows we are ready to help.”
As a Certified Service Provider (CSP) under the Streamlined Sales and Use Tax Agreement (a crucial component of the Wayfair ruling), TaxCloud handles all aspects of sales and use tax compliance for retailers, including:
- Initial sales tax license registration in 24 member states
- Sales tax calculation at the time of sale, accounting for all applicable state, county, city, and special jurisdictions
- Tax calculations based upon the class of goods being sold to account for product-based exemptions
- Exemption certificate management to account for use-based or entity-based exemptions
- Regular sales tax reporting, filing, and remittance of tax proceeds
- Tax correspondence with the states (including audit inquiries)
TaxCloud is a service of The Federal Tax Authority, LLC (d/b/a TaxCloud), a Washington Limited Liability Company. A simple mission drives the company: offer online retailers an affordable and easy way to calculate and collect sales tax. TaxCloud first achieved Certified Service Provider (CSP) designation with the states in 2010. Today, TaxCloud is one of the largest providers of sales tax compliance services with almost 25,000 online retailers registered. TaxCloud is headquartered in Connecticut with operations in California, Kansas, Oklahoma and Washington. For more information, visit https://taxcloud.com.