When you're exploring tax platforms, you might hear about "Streamlined Sales Tax" (SST). You might wonder, is it good or bad for my business? Some platforms use it, but Kintsugi doesn't. Let's break down what SST is and why Kintsugi has made a different choice.
What is SST?
SST is a program designed to make sales tax easier. It lets businesses register for sales tax in multiple states using a single application. This can sound great if you operate in many different places, as it could simplify filing taxes.
Is SST Right For Everyone?
SST is not inherently bad, but it has some downsides that might not work for every business. Here’s why Kintsugi does not use SST and why this could be an advantage for you:
Keeping You in Control
If you use SST through a third-party service and later stop using that service, you might lose the ability to file your sales taxes on your own. Kintsugi lets you manage your taxes directly, so you always stay in control.
Not All States Participate
Not all states participate in the SST program. If your business operates in both SST and non-SST states, you will still need to manage tax compliance separately in non-SST states. This can create an inconsistent and fragmented tax filing process.
It's Just for Sales Tax
SST primarily focuses on sales tax. If you have other taxes, like payroll or franchise taxes, you’ll still need to use other systems. This means SST does not solve all your tax needs.
Flexibility and Customization
Kintsugi offers a more flexible tax compliance solution without the restraint of SST. You can manage all your tax registrations and filings directly through our platform without relying on third-party providers. This ensures that you have full control over your tax operations.
Conclusion
While SST aims to simplify sales tax registration, it comes with several limitations. Not all states use it; it might mean losing control over your filings, and it only covers sales tax. Kintsugi chooses not to use SST so we can offer you more flexibility, better control, and a smoother tax compliance experience.
Why This Matter to You
Kintsugi wants to ensure you have the most straightforward and manageable tax process possible. By avoiding SST, we provide a system that puts you in charge and simplifies your tax compliance, no matter where your business operates.
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