Tired of stressing over sales tax compliance?
Discover how to automate it instantly and accurately with
REALTIME SALES TAX
A Real-Time Sales Tax Solution for Modern Business
HOW RTST WORKS...
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Transaction Processing
With each sale, RTST calculates the applicable sales tax and separates it from the merchant's revenue in real time.
Bifurcation and Holding
The sales tax amount is automatically bifurcated and transferred to a designated holding account, separate from the merchant's operational funds.
Automated Remittance
RTST schedules the remittance of the collected sales tax to the appropriate tax authorities on behalf of the merchant, adhering to local and state filing deadlines.
Helping and supporting
business and government
in RealTime.
INDUSTRIES
KEY FEATURES AND BENEFITS...
01
Design
Designed for precision, speed, and reliability, RTST Automatically collects, separates, and holds sales tax during each transaction and ensures tax compliance across all your transactions. RTST is compatible with all major POS systems, providing seampless integration into current business processes
02
Efficiency
Experience the efficiency of instant tax calculations, automated reporting, and up-to-date regulatory compliance, all integrated into your existing systems. RTST is a quick and straightforward setup with minimal training required for operation.
03
Accuracy
The collection of sales tax happens in real time at the point of sale so you no longer longer have to worry about deferring payments, late payments or non-payment for lack of funds.
04
Compliance
RTST guarantees accurate and timely tax remittance in compliance with state and local laws across all 50 US states.
05
Risk Reduction
Eliminates risks of non-compliance, errors, and late tax payments and is designed to accommodate increasing transaction volumes and business growth effortlessly.
06
Automation
RTST schedules the remittance of the collected sales tax to the appropriate tax authorities on behalf of the merchant, adhering to local and state filing deadlines.
stress free, streamlined, secure
MERCHANTS
-
Real-Time Tax Collection:
With RSTS, sales tax is automatically collected at the point of sale. This means no more manual calculations or end-of-month reconciliations. Every transaction is handled accurately, ensuring compliance and peace of mind. -
No More Payment Worries:
Businesses can say goodbye to the stress of sales tax management. RSTS eliminates the risks of deferring payments, late payments, or non-payment due to lack of funds. The system separates and holds tax funds in real time, so you always have what you owe set aside, ready for remittance. -
Streamlined Operations:
By automating the sales tax process, RSTS allows merchants to focus on their core business operations. You’ll spend less time worrying about tax compliance and more time growing your business, reducing the need for additional accounting resources and minimizing the risk of errors. -
Financial Security:
RSTS ensures that sales tax funds are securely set aside at every transaction, providing a clear and accurate picture of your real net sales. This financial clarity helps in making informed business decisions and maintaining a healthy cash flow.
delinquency-free, reliable revenue
TAX AUTHORITIES
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Efficient Tax Collection:
RSTS offers a one-time, seamless collection process that captures sales tax directly at the point of sale. This real-time approach ensures that tax funds are collected accurately and promptly, reducing administrative burdens. -
Enhanced Compliance:
By implementing RSTS, taxing authorities can improve compliance rates across the board. The system’s automated process ensures that businesses adhere to tax regulations, minimizing the risk of non-compliance and associated penalties. -
Elimination of Delinquency:
The risk of delinquent tax payments is virtually eliminated with RSTS. By automatically setting aside sales tax at each transaction, businesses are always prepared for tax remittance, ensuring timely and consistent payments to the authorities. -
Improved Revenue Flow:
RSTS enhances revenue flow for local, state, and federal governments. The consistent and reliable collection of sales tax funds supports government budgets, improves cash flow, and reduces the costs associated with tax collection and enforcement.
Revolutionize your
business operations with our cutting-edge
REALTIME Sales Tax software.
By adopting Real Time Sales Tax (RTST), businesses can streamline their operations, reduce compliance risks, and improve overall financial accuracy. RTST not only makes the payment hitting the merchant's bank account their real net sales but also fosters a stress-free tax compliance environment.