TaxJar Adds Support for Sales Tax Exempt Buyers

US sales tax tool TaxJar now allows users to mark specific transactions as exempt from sales tax.

This means that sales tax reports will be more accurate, and sales tax returns can be automatically filed without running into any roadblocks.

Before this new feature, if users sold a taxable item to a tax-exempt buyer, such as resellers, government entities or educational institutions, the system had no way of knowing that sales tax should not be charged. With the new feature, sellers can mark a transaction as "exempt" one time, and TaxJar will record that in the system and account for it correctly in reports and returns.

Source: TaxJar

Tagged: Accounting
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