How to deal with Sales and Use Tax?

It is very important to learn financial and ecommerce terms related to Sales and Use Tax management, but as we know any business selling online is obligated to know the accurate tax rate, correctly charge it on the transaction, and remit taxes on a monthly basis. If not done accurately, it can result in penalties, interest and audits.

But facts say: There are 13,253 tax jurisdictions in the United States, and each year within those the tax laws change over 1,200 times. So in this condition we are left with only one option "to consult online tax management service."

We need to consult the company which integrates with e-commerce and financial applications to provide up to date tax rates, calculate real-time tax rates on each transaction, and provide signature ready returns.

I was suggested by one of my friends to check the http://www.sabrix.com/smb/demo/
as it is a well established company from year 2000. It is provider of transaction tax management for companies of all sizes, enabling finance, tax, and IT professionals to achieve accurate, timely, and cost-effective compliance for sales tax, use tax, value-added tax (VAT), excise tax, and other international and industry-specific taxes and fees.

Just fill up the form provided , and then watch the demo to understand how it helps finance departments eliminate the hassle, control audit exposure, and reduce the total cost of sales tax, use tax and value-added tax (VAT) management.

According to their suggestion,

6 Things Your Sales and Use Tax Solution Should Do for You:

1) Free up your staff to focus on your business.
The right service should provide more than software to automate processes.
2) Provide assistance from a tax expert to get you activated quickly and accurately.
Sales and use tax is a burden and any solution you purchase should enable you to quickly refocus on your business.
3) Deliver up dated SAS 70 certified research and real-time calculation in your business systems.
4) Automate returns preparation and provide review by tax experts.
5) Interpret complex product taxability laws for you
6) Deliver you confidence in your compliance with SAS 70 Type II certified processes
Read more at: 'Sabrix'

It is obvious that the service which can deliver such kind of ecommerce and financial solution can help you manage the tax hassles.