Transcript
1. File
2. Remit
3. Report
4. Repeat
Easy…Right?
You Manage Sales & Use Tax
210 million tax rules
13,000 state and local jurisdictions in the U.S
1000’s of product and service codes
Notices
Completing Forms
Updating Forms
Filing with Multiple Entities
Audit Defense Penalties
FeesCodes by industry, method of delivery, packaging, etc.
Filing
Web File
Print & Mail Returns
Hold Credits
Print Checks
Execute ACH (Treasury)
EDI File
Exemption Certificate Management
It’s not easy. There’s so much more to filing returns…
And…you have even MORE to do!
Maintaining Forms
Remittance
Sales Tax Reporting
Tax Planning
Tax Projects
Manage, develop, train tax staff
Financial Analysis
Account Reconciliations
Manage Tax Compliance
But, there’s a better way…
With
You Gain an Entire Team!
From preparing, filing, payment and agency notice management,
STS eliminates the hassles associated with sales and use tax
returns.
With Taxware STS, you can
leverage:
• Multi-lingual Capabilities (i.e. Fluent
Spanish for Deciphering Puerto
Rico Tax Rules)
• 40+ Attorneys, LLM’s, CPA’s,
MST’s, MBA’s, CMI’s
• 100% US-Based In-House Team
• Dedicated Account Managers
• Network of Senior Contacts at the
Various Departments of Revenue
A Smarter Use of Your Resources
Your Team Can Focus on:
STS will take on the burden of tax
filing, remittance & reporting.• Strategic Growth Initiatives
• Proactive Tax Projects
• Innovative Tax Planning
• Business & Process
Improvements
• Financial Forecasting
• Being a Strategic Business
Advisor
Rely on STS for:
Import Your Data and STS Does the Rest
• Accurate sales and use tax returns
filing (electronic and paper)
• Tax return payments (ACH and
check)
• Agency notice management
• Administration of pre-payments and
adjustments such as credits, over-
collected tax and holds
Look
how
easy
it is
Benefits• Gain an Entire Team of Experts
• All for the Same or LESS Than Your Current Cost Per Return
• Stay Current on Tax Rules & Rates
• Minimize Late Fees and Filing Errors
• Reduce the Burden of Day-to-Day Filing, Remittance and
Reporting
• Free up Your Staff for Strategic Planning and Growth
Projects
Your Current Filing Process
Number of Unique Returns Filed
Number of Entities
Number of Data Sources
Number of Staff
Burdened Hourly Rate
Hours for Rate/Rules Research (Month)Changing Tax Rates, Rules, Due Dates, Form Changes
and New Forms.
40
1
2
1
$25.00
4
$138
$2,763
$33,150
64%
$32
$1,280
$15,360
$106
$1,483
$17,790
Cost Per Return
Monthly Research, Filing, Payment Notices
Annual Cost
% of FTE Salary
With Taxware STS
Cost Per Return
Monthly Cost
Annual Cost
Return on Investment
Difference Per Return
Difference Per Month
Annual Difference (First Year ROI)
This is how much it
can cost you to do it
in-house
This is how much it
can cost you with
Taxware STS
This can be your ROI
$33,150
$15,360
$17,790
The Bottom Line
With Taxware STS, You Can:
• Leverage the expertise of over 40 Tax Research
Experts to keep up with tax rules in 13,000
jurisdictions and maintain 1,200 tax form changes
each year
• Trim the fully-loaded cost of preparing a return
• Mitigate the risk of missed filing deadlines due to
absence or change in staff
• Eliminate the burden of investigating and responding
to agency inquiries
For a Personalized ROI,
Contact
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