Xero and Avalara launched an integrated and automated sales tax rates and returns service for Xero customers, providing real-time tax rate data customers can automatically access to include in invoices.
Built by Xero and powered by Avalara’s tax content, the new sales tax rates integration enables Xero customers to get regular updates and changes in tax rates and tax boundaries for the first time.
Avalara also integrated its Avalara TrustFile tax return offering with Xero so users can more efficiently prepare sales tax returns.
“With more than 12,000 sales tax jurisdictions in the U.S., calculating correct sales tax rates is a daunting proposition for small business owners and accountants,” stated Russ Fujioka, president of Xero U.S. “Xero and Avalara make it easy by offering real-time tax, and by helping customers quickly prepare sales tax returns in as little as five minutes with TrustFile.”
“Small businesses and their accountants spend hours every month preparing forms, filing returns and remitting sales tax in every state where they operate,” stated Marshal Kushniruk, EVP of global business development at Avalara. “By partnering with Xero, Avalara is providing the fastest, easiest way for Xero users to automate this process. We’re excited to welcome Xero into our community.”