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© 2016 Magento, Inc.! Page | 1!
Magento Webinar Series!
Premier Spotlight!
Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 2!
5 STEPS TO SALES TAX AUTOMATION
with MARK...
Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 3!
With!
MARK FAGGIANO!
!
Founder and CEO – ...
© 2016 Magento, Inc.! Page | 4!
Magento Premier Technology Partners!
Premier Partner! Technology! Total Customers!
Braintr...
Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 5!
AGENDA!
•  The 5 steps to sales tax compl...
Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 6!
5 STEPS TO SALES TAX COMPLIANCE!
1.  Know...




IS WHAT YOU’RE SELLING TAXABLE?




WHERE DO YOU HAVE NEXUS?
Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 15!
NEXUS IS WHEN & WHY YOU CARE!
A presence...




GET A SALES TAX LICENSE
Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 24!
SALES TAX LICENSES (PERMITS)!
•  Can’t l...




THE ART OF COLLECTING
Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 26!
GOLDEN RULE OF TAX COLLECTION!
Collect s...
Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 29!
MULTI-CHANNEL NEXUS!
•  Nexus for one ch...
Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 30!
WHAT’S THE CORRECT RATE?!
•  Buyer’s sta...
Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 31!
What sales tax rate do you collect?!
Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 32!
ORIGIN VS. DESTINATION SOURCING!
•  Orig...
Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 33!
Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 34!
Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 35!
Some Products are Taxed Differently!
CLO...
Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 37!
CLOTHING TAXABILITY IN NY!
Sales Tax on ...
Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 38!
Handling Sales Tax in Magento!
Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 39!
TAXJAR’S SMARTCALCS FOR MAGENTO!
Install...
Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 40!
HOW CAN TAXJAR DO THIS FOR FREE?!
“TaxJa...




FILE SALES TAX RETURNS
Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 42!
FILING RETURNS!
•  Filing deadlines usua...
Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 43!
FILING IN MOST STATES SUCKS!
•  Enter yo...
4
4
FREE eBook !
Salestax101.com!
Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 47!
HELPFUL RESOURCES!
•  youtube.com/taxjar...
Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 48!
Q & A!
How to Get FREE Sales Tax Calculations on Magento
How to Get FREE Sales Tax Calculations on Magento
How to Get FREE Sales Tax Calculations on Magento
How to Get FREE Sales Tax Calculations on Magento
How to Get FREE Sales Tax Calculations on Magento
How to Get FREE Sales Tax Calculations on Magento
How to Get FREE Sales Tax Calculations on Magento
How to Get FREE Sales Tax Calculations on Magento
How to Get FREE Sales Tax Calculations on Magento
How to Get FREE Sales Tax Calculations on Magento
How to Get FREE Sales Tax Calculations on Magento
How to Get FREE Sales Tax Calculations on Magento
How to Get FREE Sales Tax Calculations on Magento
How to Get FREE Sales Tax Calculations on Magento
How to Get FREE Sales Tax Calculations on Magento
How to Get FREE Sales Tax Calculations on Magento
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How to Get FREE Sales Tax Calculations on Magento

Between taxable and non-taxable products, shipping taxability, and "destination-based" sales tax rates, automating sales tax collection may seem daunting.

Here's a free webinar with Mark Faggiano, Founder and CEO of TaxJar, a Magento Premier Technology Partner. Mark explains why it's so tricky to collect the correct amount of sales tax from customers and what you can do about it. Learn how TaxJar SmartCalcs provides free, accurate and no-hassle sales tax collection for Magento merchants, and how to get started in just a few minutes.

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How to Get FREE Sales Tax Calculations on Magento

  1. 1. © 2016 Magento, Inc.! Page | 1! Magento Webinar Series! Premier Spotlight!
  2. 2. Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 2! 5 STEPS TO SALES TAX AUTOMATION with MARK FAGGIANO CEOOF
  3. 3. Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 3! With! MARK FAGGIANO! ! Founder and CEO – TaxJar! @taxjarmark!
  4. 4. © 2016 Magento, Inc.! Page | 4! Magento Premier Technology Partners! Premier Partner! Technology! Total Customers! Braintree & Express Checkout! 184,000,000+ ! Email Automation Platform! 7,500+! Automated Sales Tax & Free Tax Calcs! 5,000+! Natural Language Site Search! 300+! Software Analytics! 250,000+ ! Content Delivery Network! Platforms & sites such as GitHub, New Relic,! Twitter, Vimeo, etc.! Shipping Platform for Commerce! 55,000+!
  5. 5. Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 5! AGENDA! •  The 5 steps to sales tax compliance! •  Why charging the right amount of sales tax is so complicated! •  The anatomy of a sales tax rate! •  Magento sales tax collection the easy (and free) way...! •  Q&A!
  6. 6. Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 6! 5 STEPS TO SALES TAX COMPLIANCE! 1.  Know When you Have Nexus! 2.  Register for a Sales Tax Permit! 3.  Collect Sales Tax! 4.  Report how Much You Collected! 5.  File Your Return!
  7. 7. 
 
 IS WHAT YOU’RE SELLING TAXABLE?
  8. 8. 
 
 WHERE DO YOU HAVE NEXUS?
  9. 9. Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 15! NEXUS IS WHEN & WHY YOU CARE! A presence / connection in a state that’s
 significant enough for you to be required to
 comply with sales tax law
  10. 10. 
 
 GET A SALES TAX LICENSE
  11. 11. Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 24! SALES TAX LICENSES (PERMITS)! •  Can’t legally collect sales tax without one! ! •  Need one for each state! ! •  Most states are free!
  12. 12. 
 
 THE ART OF COLLECTING
  13. 13. Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 26! GOLDEN RULE OF TAX COLLECTION! Collect sales tax when the item sold is shipped to a state where you have nexus
  14. 14. Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 29! MULTI-CHANNEL NEXUS! •  Nexus for one channel means nexus for! your entire business! •  Collect on all your channels for all of your nexus states!
  15. 15. Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 30! WHAT’S THE CORRECT RATE?! •  Buyer’s state determines tax rate (sourcing)! ! •  Tax rate usually = sum of applicable rates! •  State! •  Local! •  Other (i.e., education, transportation)!
  16. 16. Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 31! What sales tax rate do you collect?!
  17. 17. Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 32! ORIGIN VS. DESTINATION SOURCING! •  Origin-based state! •  Tax rate = seller’s location! •  One rate for entire state! ! •  Destination-based state! •  Tax rate = where item is shipped! •  Variable rate!
  18. 18. Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 33!
  19. 19. Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 34!
  20. 20. Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 35! Some Products are Taxed Differently! CLOTHING! FOOD & GROCERIES! TEXTBOOKS! PRESCRIPTIONS! MAGAZINES! DIGITAL PRODUCTS!
  21. 21. Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 37! CLOTHING TAXABILITY IN NY! Sales Tax on a $109 pair of jeans! Jurisdiction! Tax Rate! New York! No tax!! Putnam County! 4%! Metro Commuter Transit District Tax! 0.0375%! Total! 4.0375%!
  22. 22. Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 38! Handling Sales Tax in Magento!
  23. 23. Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 39! TAXJAR’S SMARTCALCS FOR MAGENTO! Install our extension & get FREE, accurate calculations! ! ü  Origin vs. Destination & sourcing rules! ü  Local rate ! ü  Shipping taxability ! ü  Product taxability! ü  Updated rates be free?!
  24. 24. Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 40! HOW CAN TAXJAR DO THIS FOR FREE?! “TaxJar has saved us dozens of hours a month.” ! ! - Jeff McRitchie, MyBinding.com !
  25. 25. 
 
 FILE SALES TAX RETURNS
  26. 26. Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 42! FILING RETURNS! •  Filing deadlines usually tied to sales volume! •  Annual, semi-annual, quarterly, monthly! •  Deadlines typically last 2 weeks of the month!
  27. 27. Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 43! FILING IN MOST STATES SUCKS! •  Enter your sales & taxes collected ! for each jurisdiction! ! •  Gets worse if you’re multi-channel!
  28. 28. 4
  29. 29. 4
  30. 30. FREE eBook ! Salestax101.com!
  31. 31. Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 47! HELPFUL RESOURCES! •  youtube.com/taxjar! •  For visual learners! ! •  salestaxcommunity.com! •  Talk with 5,000 other store owners and tax pros!! ! blog.taxjar.com! •  Content just for ecommerce & sales tax!
  32. 32. Copyright © 2016 TaxJar. TaxJar is a trademark of TPS Unlimited, Inc.! Page | 48! Q & A!

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