Sales Tax API Sales Tax Rates TaxJar

Never Miss a Sales Tax Calculation with TaxJar’s SmartCalcs Summarized Rates

by Kevin Reeth

summarized sales tax rates

It’s not often we release a feature that we never want our customers to have to use. But then there’s our SmartCalcs sales tax API’s “Summarized Rates.”

SmartCalcs API users now have the option to download the latest sales tax rates in the event that our taxes endpoint may be down or slower than expected. This allows you to collect sales tax from your customers even during a worst-case scenario such as a slow down or outage. (Thankfully our API is fast and practically bulletproof. Check out TaxJar’s status for yourself here.)

Think of these Summarized Rates as your sales tax backup plan.

How Do Summarized Sales Tax Rates Work?

Here’s what you need to know:

  • Summarized rates provides you with the minimum and average sales tax rates in every state
  • Updated monthly to incorporate any changes among the thousands of jurisdictions we support
  • Should a worst-case scenario occur, use Summarized Rates to collect sales tax as close to accurately as possible

Find out how to get summarized rates in our SmartCalcs sales tax API documentation here.

What IS the Worst Case Scenario?

In the very worst case, your customer is trying her best to buy a product from you but faces a slow or stalled checkout because your tax calculations are failing.

Without a backup plan like Summarized Rates, your options are either to shut down your cart and stop selling until you can fix the problem, or forego collecting sales tax while continuing to make sales. In that case, you still owe the sale tax to the state, but those funds will come out of your pocket instead of from your customers. This could mean you percentage of every sale. Ouch.

While we plan to support SmartCalcs so that you never need to use our Summarized Rates, we never want our customers to spend a single second worrying that they may lose the ability to collect sales tax (and potentially pay sales tax out of pocket!) due to a sales tax outage. With SmartCalcs + summarized rates you can be confident that collecting sales tax will never break your checkout.

Want to know more? Check out TaxJar’s SmartCalcs sales tax API and schedule a demo.

Start your 30 day free trial of TaxJar. No credit card required.
Processing...
Thank you! Your subscription has been confirmed. You'll hear from us soon.
Subscribe to the TaxJar Sales Tax Blog
ErrorHere