With TaxCloud, 3dcart merchants save time and money on sales tax calculations while ensuring they comply with state tax laws across the country.
Tamarac, FL and Seattle, WA (PRWEB) May 14, 2012
To help merchants make sense of sales tax, 3dcart has partnered with TaxCloud, a free sales tax service for online retailers created by FedTax. With TaxCloud, 3dcart merchants save time and money on sales tax calculations while ensuring they comply with state tax laws across the country.
In a few simple steps, 3dcart merchants can set up TaxCloud to handle sales tax collection in one state, several states, or all states. Once activated, TaxCloud automatically calculates the sales tax due on any transaction. It handles all of the 10,000+ US jurisdictions and accounts for merchandise exemptions and tax holidays. Most importantly, TaxCloud is completely free.
TaxCloud also keeps track of tax proceeds and prepares monthly reports for merchants. It also can generate state-by-state sales tax returns and remits collected sales tax on behalf of the merchant in the 24 participating states of Streamlined Sales and Use Tax Agreement (SSUTA).
Signing up with TaxCloud is an important step in preparing for new legislation poised to pass soon. “Three bills in Congress are attempting to address how online merchants collect out-of-state sales tax,” said Carl Stefanelli, Vice President of Sales at TaxCloud. “Merchants currently collect taxes only in states where they have a physical presence. Each of the proposed bills will enable states to require merchants to collect sales tax based on where the customer is located. However, this will only be allowed after states have modernized and simplified their sales tax laws.”
For 3dcart merchants, getting set up with TaxCloud ensures they’ll be prepared for new legislation. Each tax scenario can be automated through TaxCloud to calculate sales tax based on the shopper’s home state. 3dcart offers the TaxCloud connector for a one-time setup fee to any existing or new 3dcart merchants.
“As another building block in our effort to ease the management process for online storeowners, TaxCloud is the kind of efficiency application that is practical now and helps you plan for the future,” said 3dcart CEO Gonzalo Gil. “In addition to our existing Avalara and Washington state web service integrations, this represents another way that automation is saving time and money for online retailers.”
3dcart (http://www.3dcart.com), located in Tamarac, Florida, is a complete ecommerce software solution for merchants to build, promote and grow their online business. The company's services include the tools, advice, support, and technology to manage an entire online operation. Since 1997, 3dcart has been developing internet solutions for small to medium size businesses. Today, 3dcart is an Inc. 5000 company, a Visa PCI Certified provided and a pioneer in Mobile Commerce and Social Marketing.
FedTax is committed to making it easy for online merchants to calculate, collect, and remit sales tax. The management team has been directly involved in building some of the most recognizable brands in e-commerce, including Google, MasterCard, Microsoft, and Expedia. FedTax has been designated a Certified Service Provider by the Streamlined Sales Tax Governing Board for its TaxCloud service. FedTax is headquartered in Seattle, Washington, and has offices in Seattle; Issaquah, Washington; and Norwalk, Connecticut.