QuickBooks launches online sales tax calculator
QuickBooks has launched a sales tax calculator landing page on its site. The tool is aimed at helping small and midsized businesses to see how local sales tax affects their business. The sales tax calculator, which is free to use, automatically takes into consideration relevant key information from a business, and tracks and automatically updates all the rules and rates according to every change by each state, to produce the right rate for every transaction, from calculation through filing. The idea is to reduce the risk of error and minimize the likelihood of a sales tax notice or audit.