Sovos has introduced a brand new partnership with Shopify aimed toward easing the burden of gross sales tax compliance for on-line retailers. The collaboration introduces Shopify Tax automated submitting, a characteristic that automates the preparation, submitting, and remittance of gross sales tax returns for eligible U.S. retailers utilizing Shopify Tax.
The partnership integrates Sovos’ Gross sales and Use Tax (SUT) Submitting answer instantly into Shopify’s platform, offering retailers with a streamlined methodology for managing their tax duties. This automation is designed to considerably lower down on the time spent on guide tax preparation and cut back the danger of expensive audit errors.
“Gross sales tax guidelines and legal guidelines are consistently evolving and left unchecked, can create critical and costly issues for companies down the street,” stated Sovos CEO Kevin Akeroyd. “Shopify, via its partnership with Sovos, will drastically cut back the burden on sellers and permit them to concentrate on delivering for his or her prospects.”
With compliance turning into extra advanced throughout state and native jurisdictions, Sovos and Shopify’s collaboration presents a well timed answer to assist small and medium-sized companies keep compliance with out overextending their inside assets.
The brand new characteristic is now accessible to eligible Shopify retailers within the U.S.
