GoPayment Uses Geolocation to Help Small Businesses Determine Local Sales Tax. Mobile Credit Card Payment App Delivers Spot-on Calculations; Eliminates worry and hassle of getting taxes wrong.
MOUNTAIN VIEW, Calif.--(
)--Small businesses on the go want to focus on making sales – not worry or waste time looking up local sales tax rates.
To help with this, Intuit Inc. (Nasdaq:INTU) today announced that its GoPayment mobile credit card payment offering is among the first to provide geolocation-based sales tax calculations. Using this technology, GoPayment helps small businesses get paid confidently wherever they are by accurately calculating taxes based on the precise location of a sale, taking into account the city, state and municipal tax codes, as well as special tax districts.
To help eliminate the worry and hassle of getting taxes wrong, this sales tax geolocation feature reduces customer service issues related to incorrect tax rates and mitigates audit risks and fines.