What is TobTax Compliance
TobTax Compliance is an automated, cloud-based SaaS tobacco excise tax platform, that allows you to produce and file accurate paper and electronic tobacco products and cigarette tax returns with all your U.S. taxing jurisdictions. TobTax Compliance integrates with your existing invoicing system, so your workflow process never changes.
To use TobTax Compliance, you simply:
- Choose the tax returns you want to process through our automated platform.
- Collect your tobacco tax licenses into your tax calendar.
- Contact our onboarding team to help you get setup.
Key Features
TobTax Compliance provides a number of powerful features for streamlining tobacco excise tax preparation, filing, and payments. Some of these features include:
Supports All Major U.S. Jurisdictions: TobTax Compliance creates a ready to sign tax return from data on cigarette and other tobacco product transactions that can be filed electronically or on paper with all federal, state, county, and city jurisdictions. Our platform updates regularly, so that we are on top of all changes made to the tax laws, rates and forms for major U.S. jurisdictions.
Data Collection: TobTax Compliance integrates with your back-office invoicing system by using data adapters. If you are able to pull data from your system then TobTax Compliance works with your system.
Tax Returns: TobTax Compliance engine takes new data, curates it, validates it, autocorrects it, and produces the tax returns in PDF, CSV, EDI, and XML format. Our platform gives the user clear visibility and notification of the tax workflow cycle status, including the processes for creating, reviewing, approving, filing, accepting, and amending tax returns.
Availability and Durability: The automated system of TobTax Compliance enables users to run their input data at any time to produce all tax returns in minutes. Once the output is reviewed, they fix any issues that were found with their data and initiate the next run.
Security: TobTax Compliance’s cloud-based software, is both highly secure and accessible. It allows you to encrypt your databases using keys that you manage and supports the use of SSL to secure data in transit.
How It Works
If you are accurately keeping your invoicing database system, our on-boarding team will help you find the best way to get your data from your system to our cloud engine. There are several ways depending on your invoicing system (ERP) and your transactions volume. TobTax Compliance accepts data files through portal upload, SFTP, or secure web services.
Once your data is received by TobTax engine, processing starts immediately. First the TobTax Compliance system validates the data, curates it, and then produces and submits accurate reports to your filing jurisdictions.
How It Works
Read the FAQs and our TobTax blog to learn more.
Have More Questions? Contact Us