August 14, 2009, Newsletter Issue #210: E Commerce Solutions for Taxing Problems
Tip of the Week
If you've ever tried to charge sales tax and keep track of all the taxes you collected by hand, you know how difficult and time consuming all of it can be. E commerce services make it much easier for small business owners to handle taxes.
These services allow the business owner to select states that sales tax needs to be collected from and the tax rates for these states. The e commerce software then automatically calculates sales tax and adds it to the customer invoice based on the customer's address.
Network Solutions' e-commerce software allows data to be downloaded to Quickbooks, which makes calculating and sending tax payments to the government even easier.
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