Tax Compliance Tool

The complexity of Point of Sale (POS) transactions and their associated taxability causes a world of confusion. Retailers juggle thousands of products and sales tax laws without an effective tax compliance tool. The result: retailers unknowingly both over-collect on some products and under-collect on others. The cost of these tax compliance violations significantly compound over time and audit period. Historically, there has been no method to link sales tax to each specific consumer product on the market - until now. Tax Matrix's revolutionary point of sale tax solution, UPC MatrixMaster™, identifies product taxability via UPC codes providing tax help for businesses looking for answers. This tax solution helps streamline the tax compliance cost and ensures that 100% of all POS transactions are examined, ensuring when you have a POS tax audit completed, you'll be tax compliant.

The UPC MatrixMaster™ - By far the leading POS tax compliance tool for retailers - is a patented database application embodying a comprehensive list of Universal Product Codes (UPCs/GTINs) with their associated taxability for each taxing jurisdiction. The tax solution application provides retailers with a solution to POS taxability issues and saves significant time, resources and exposure in regard to overpayment and underpayment. Our tax research staff utilizes the MatrixMaster™ tax solution to track, validate, archive, verify and audit all incoming and outgoing client product files.