TaxCloud and WooTax to Provide Easy Sales Tax Compliance for 80,000 Online Retailers Using WooCommerce
Norwalk, CT (PRWEB) February 26, 2014 -- FedTax, the creators of TaxCloud, and WooTax.com today jointly announced the immediate availability of WooTax, a low-cost, easy-to-use WooCommerce extension. WooCommerce is an open-source e-commerce plugin for WordPress that is used by more than 80,000* online retailers worldwide. WooCommerce retailers can purchase WooTax for only $25 on WooTax.com. Once installed, WooTax can be configured in minutes, and retailers can begin collecting sales tax for any address in the US, with no additional costs or per-transaction fees.
The availability of such a low-cost option enabling even the smallest online retailers to easily comply with sales tax laws across the country should provoke thoughtful discussion as The Judiciary Committee of the United States House of Representatives prepares for its upcoming hearing on the issue of 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.
TaxCloud’s award-winning, state-certified 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 merchants’ 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 WooCommerce/WooTax retailers.
“When I created WooTax, my goal was to make easy and affordable tax compliance a reality for WooCommerce merchants. Thanks to the availability of the TaxCloud API, I can now say that this goal has been realized,” said Brett Porcelli of WooTax.com. “The combined power of WooCommerce, TaxCloud, and WooTax may be the perfect option for creating a tax compliant online store.”
“We were very excited to learn of the WooTax effort,” said R. David L. Campbell, FedTax CEO and co-founder. He continued, “Brett and his team have created one of the best implementations of our TaxCloud APIs we have seen so far.”
About WooTax
WooTax was created in 2014 with one goal in mind: eliminating the hassle associated with creating a tax compliant WooCommerce store. By enabling WooCommerce merchants to use TaxCloud for the calculation and management of sales tax, WooTax makes it easier than ever before to accurately calculate sales tax for WooCommerce transactions. For more information, visit wootax.com.
About FedTax
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.
- - Ecommerce Usage Statistics compiled by BuiltWith® Pty. Ltd. – February 2014 – http://trends.builtwith.com/shop
Daniela Saunders, FedTax, http://taxcloud.com, 203-803-2048, [email protected]
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