Integration With Avalara
Summary
OwnerRez has integrated with Avalara's MyLodgeTax Pro to simplify tax compliance for hosts. This integration streamlines license management, tax filings, and payments, allowing hosts to focus on growing their business and staying compliant with ever-changing tax regulations.
Key Insights
- •The integration automates lodging tax compliance, which includes managing licenses, preparing and filing tax returns, submitting payments, and staying updated with changing tax rules and marketplace agreements.
Action Items
- ✓If you use OwnerRez, investigate integrating with Avalara's MyLodgeTax Pro to automate tax compliance.Effort: lowImpact: medium
Tools & Resources
- →Avalara MyLodgeTax Pro: Avalara MyLodgeTax Pro is a service for tax compliance.
- →OwnerRez: OwnerRez is a property management system.
Common Mistakes
- ⚠Failing to stay compliant with lodging tax regulations can lead to penalties and fines. Utilizing a tool like Avalara can help avoid these pitfalls.
More from Regulations & Compliance
Carson City, Nevada, is refining its short-term rental regulations. City supervisors are currently reviewing and modifying the local ordinance during a retreat. This review aims to address operational aspects, potentially impacting local hosts through new or revised rules, emphasizing compliance.
A 21-unit vacation rental in Dunedin, Florida, has been approved, signaling potential growth in the local short-term rental market. This approval could lead to increased accommodation options for tourists visiting the area. This news could also influence local regulations.
St. Louis aldermen have approved a short-term rental fee, though a legal battle over existing rules continues. This indicates a focus on regulating the STR market within the city. Hosts in St. Louis should be aware of these new fees, which may impact their profitability. Find out how this affects your STR business.
Curated by Learn STR by GoStudioM