News Intuit to Acquire Sales Tax Compliance Software Maker Exactor If you’re a retail business owner, there’s a good chance you’re familiar with the headaches brought about by sales and use tax. Byzantine and (for many) bewildering, sales and use tax is constantly changing. And business owners who get it wrong can pay a heavy price. Fortunately, one company—Exactor, has done an exceptional job of Written by Intuit Blog team Published Oct 26, 2017 - [Updated Nov 9, 2022] 1 min read If you’re a retail business owner, there’s a good chance you’re familiar with the headaches brought about by sales and use tax. Byzantine and (for many) bewildering, sales and use tax is constantly changing. And business owners who get it wrong can pay a heavy price. Fortunately, one company—Exactor, has done an exceptional job of taking the hassle out of sales and use tax compliance. That’s why Intuit this week signed an agreement to acquire Exactor—a move that will strengthen the power of the QuickBooks ecosystem and deliver complete confidence for small business customers. Exactor is to sales tax compliance what service providers like ADP and Paychex are to payroll tax compliance. The company provides a next-generation, cloud-based SaaS solution that enables retailers of any size to fully automate the end-to-end process of managing sales and use tax, while providing customers with an awesome filing and payment experience. Integrating this capability into QuickBooks Online will enable retail customers to easily and accurately track and file their sales tax returns. With this acquisition, we’re even better equipped to power prosperity around the world. Previous Post Turbo: The Financial Health Profile that Truly Matters Next Post 2017 QuickBooks Connect Kicks Off With Hackathon Challenge Written by Intuit Blog team Our team of contributors loves to uncover inspiring stories and share helpful tips to help power your prosperity. Browse Related Articles Social Responsibility Making a global impact Social Responsibility 40 years of powering prosperity: Highlights from Intuit’s 2023 Corporate Responsibility and Diversity, Equity, and Inclusion Report Social Responsibility Intuit’s New Food Truck Program Empowers Underserved Youth with Vital Financial, Technical, and Entrepreneurial Skills Social Responsibility Intuit for Education Innovative Thinking Responsible AI helps small businesses grow and do more. Diversity, Equity and Inclusion Building Inclusion: setting a path to success for Latinos in tech Social Responsibility Women in Tech: Why We Need More Innovative Thinking Introducing Intuit Assist News Intuit Responds to U.S. Federal Trade Commission’s Decision And Reaffirms its Commitment to Free Tax Preparation Intuit Experts Best Jobs for Seniors: Part Time Jobs in Tax Preparation and Bookkeeping