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Does Squarespace Calculate Taxes?

Last updated on October 1, 2022 @ 8:17 am

When you set up your Squarespace account, you have the option to include tax-calculation features. This can save you a lot of time and money come tax season, but it’s important to understand how it works before you enable it. Here’s everything you need to know about Squarespace and taxes.

How Does Squarespace Calculate Taxes?

Squarespace can calculate taxes for you in two different ways:

  • Avalara: Avalara is a third-party service that automatically calculates taxes for you based on your location and the items you’re selling. To use Avalara, you’ll need to sign up for a separate account and connect it to your Squarespace site.
  • Squarespace Tax Settings: If you don’t want to use Avalara, you can enter your own tax settings in Squarespace.

    This requires a little more work on your part, but it’s free to use. You’ll need to set up your tax rates manually, but Squarespace will calculate the taxes for you at checkout.

Both of these methods are accurate and easy to use, so it really comes down to personal preference. If you’re not sure which one to choose, we recommend using Avalara. It’s the easiest way to calculate taxes on Squarespace.

What Are the Benefits of Calculating Taxes with Squarespace?

There are a few benefits of using Squarespace to calculate your taxes:

  • Accuracy: When you use Squarespace to calculate taxes, you can be confident that the numbers are accurate. This takes the guesswork out of tax season and ensures that you’re always paying the correct amount.
  • Ease of Use: Both Avalara and Squarespace Tax Settings are easy to use, so you won’t waste any time setting things up or calculating taxes at checkout. This frees up your time so that you can focus on running your business.

Does Squarespace Calculate Taxes?

Yes, both through a third party service (Avalara) or through manual entry of tax settings within Squarespace itself.

PRO TIP: Squarespace does not calculate taxes for you. You are responsible for calculating and remitting any taxes that may be due on your transactions.

4 Related Question Answers Found

Does Squarespace Send Tax Forms?

As a business owner, you’re responsible for filing your own taxes. This means that you’ll need to track your income and expenses throughout the year, and then file a return with the IRS come tax time. Depending on the structure of your business, you may also need to file state and local taxes.

How Do I Set Up Taxes on Squarespace?

As a business owner, you’re required to pay taxes on your earnings. If you’re using Squarespace to sell products or services, you’ll need to set up taxes in your account so that you can comply with the law. Fortunately, Squarespace makes it easy to collect and remit taxes.

Do You Have to Collect Taxes on Squarespace?

As a business owner, you are responsible for collecting and remitting sales tax on the goods and services you sell. This is true whether you sell online, in-person, or through a third-party marketplace. You are also required to collect and remit use tax on taxable items purchased for use in your business that were not taxed at the time of purchase.

Does Squarespace Track Sales Tax?

As an eCommerce platform, Squarespace is required to collect sales tax in certain states. At the moment, Squarespace is only required to collect sales tax in New York, North Carolina, and Oklahoma. In order to determine whether or not your business is based in one of these states, Squarespace uses a few different factors.
Dale Leydon

Dale Leydon

Sysadmin turned Javascript developer. Owner of 20+ apps graveyard, and a couple of successful ones.