Seattle, WA and Greenacres, FL (PRWEB) February 24, 2014
FedTax, the creator of TaxCloud, and KingWebmaster, a prominent Yahoo! Small Business Partner, today jointly announced the immediate availability of TaxCloud for all Yahoo! Small Business stores. KingWebmaster’s TaxCloud implementation is available as a stand-alone add-on or as an option with its Advanced Shipping Manager. To enable TaxCloud in your Yahoo! Small Business store, contact King Webmaster at 888-546-4932.
By enabling TaxCloud, KingWebmaster is boldly stepping into the debate raging across the country about online sales tax collection. State and local governments have been struggling for years to convince online retailers to collect sales tax at the time of sale, just like local retailers. At the same time, online retailers have resisted collecting sales tax because the systems necessary to comply with thousands of tax jurisdictions were prohibitively costly and complicated. While such cost and complexity concerns may have been valid in the past, they are no longer warranted. Many retailers on the Inc. 5000 list already rely upon Yahoo! Stores and KingWebmaster to manage their online sales operations, and now they can take advantage of TaxCloud for sales tax management allowing them to easily comply with all current and future sales tax laws in every jurisdiction in the United States.
TaxCloud’s award-winning sales tax compliance service determines the sales tax due at the time of sale, allows for sales tax exemptions and holidays, provides merchants with detailed collection reports, and creates and files sales tax returns. In addition, because TaxCloud has already been certified by many states, it can indemnify businesses in the unlikely event of errors and even respond to sales tax audit inquiries on behalf of participating KingWebmaster retailers.
“We have heard from many of our clients that managing sales tax compliance was hard, and now we have a really good answer. Working with TaxCloud ensures that our clients no longer need to worry about sales tax compliance,” said Dan Rotem of KingWebmaster.
“We are honored to be working with KingWebmaster to minimize sales tax compliance concerns for their clients,” said R. David L. Campbell, FedTax CEO and co-founder. He continued, “With their long history and impressive portfolio, KingWebmaster is an ideal partner to make TaxCloud available to the thousands of online retailers that already rely upon the Yahoo! Stores platform.”
FedTax, the home of TaxCloud, was founded in Seattle in 2008 to offer online businesses a free and easy way to calculate and collect sales tax. Today almost 5000 retailers use TaxCloud to manage sales tax. For more information, visit taxcloud.com.