DAVO Sales Tax, the only integrated and automated sales tax cash management solution targeted to small- and medium-sized businesses, now is available on Square.
The integration of DAVO’s unique sales tax solution enables Square users the ability to board the DAVO Sales Tax application and forget about sales tax forever.
Sales tax compliance is a major burden for many merchants, particularly the SMBs, said Owen Brown, CEO of DAVO Technologies. "It is a responsibility from which they gain no benefit, yet have all the liability if they make a mistake. DAVO’s patented process removes the friction points associated with sales tax compliance, affording merchants more time to focus on growing their business.”
Brown said that by collecting and setting aside the sales tax funds daily, DAVO Sales Tax ensures the merchant is compliant and fulfills their fiduciary responsibilities to the state. "Our goal is to protect the merchant, mitigating risk. At the end of the tax cycle, DAVO Sales Tax automatically files and pays sales tax revenues to the state on behalf of the merchant."
Now available on Square, the DAVO Sales Tax solution, which automatically collects sales data and tax revenue daily to ensure a merchant’s tax liability remains current and funded at the time of filing, can be integrated within minutes with a simple boarding process.
For more information, visit www.davotechnologies.com