TaxCloud
| Private | |
| ISIN | 🆔 |
| Industry | Software, Tax compliance |
| Founded 📆 | 2008 |
| Founder 👔 | |
| Headquarters 🏙️ | , 1401 Lavaca St, Austin, TX 78701 , United States |
Area served 🗺️ | United States, Canada |
Key people | Joe Stanton (CEO) Nate Gilmore (Chairman and Chief Strategy Officer) |
| Products 📟 | Sales tax calculation, sales tax filing, sales tax nexus tracking, state registration, exemption certificate management, audit support |
| Owner | Camber Partners (lead investor) |
| Members | |
Number of employees | |
| 🌐 Website | taxcloud |
| 📇 Address | |
| 📞 telephone | |
TaxCloud is an American software-as-a-service company that provides sales and use tax compliance tools for online retailers, SaaS companies and other businesses that sell into multiple U.S. states. Its platform calculates sales tax at the point of sale, tracks economic nexus thresholds, registers businesses with state tax authorities, and prepares, files and remits sales tax returns.[1] The service is operated by The Federal Tax Authority, LLC (also known as FedTax), which does business as TaxCloud.[1][2]
TaxCloud is one of a small number of Certified Service Providers (CSPs) under the Streamlined Sales and Use Tax Agreement, which allows it to offer filing services at no charge to eligible sellers in Streamlined member states.[3]
History
Founding and early years
FedTax (now TaxCloud) was founded in 2008.[4] David Campbell, a co-founder, served as the company's chief executive officer. Before TaxCloud, Campbell had founded the data-storage companies Deep9 and Punch Networks.[5]
In its early years, TaxCloud was positioned as a free compliance service for retailers, with its costs largely covered by the states participating in the Streamlined Sales Tax program.[6] The service had more than 24,000 retailer customers and was available on e-commerce platforms and marketplaces including Amazon, Etsy and Shopify.[6]
Policy involvement
FedTax was active in the debate over the collection of sales tax on remote and internet sales. Campbell, as CEO of FedTax, was among the signatories of a February 2012 coalition letter urging the Senate Finance Committee to support the Marketplace Fairness Act.[7] A prepared statement from Campbell and Joan Wagnon, then executive vice president of The Federal Tax Authority, was included in the record of the August 1, 2012 hearing of the Senate Commerce Committee on the legislation.[8]
Following the U.S. Supreme Court's 2018 decision in South Dakota v. Wayfair, Inc., which allowed states to require out-of-state sellers to collect sales tax, the Norwalk-based company launched its first national advertising campaign, titled "Gimme Tax Cloud", on Sirius XM and digital platforms.[9]
Investment and leadership changes
On April 17, 2023, TaxCloud announced a $20 million growth equity round led by Camber Partners, a New York–based growth equity firm. It was Camber's first investment in the e-commerce sales tax sector.[10][11] The company said the funding would support expansion of its products, marketing and sales operations.[11] EcommerceBytes described the transaction as giving TaxCloud a new owner as well as a new CEO.[12]
As part of the investment, Nate Gilmore was appointed chief executive officer.[10] Gilmore had previously led marketing at the logistics company Shipwire and served as chief revenue officer and chief marketing officer at PandaDoc.[12] As of 2026, the company's website lists Joe Stanton as CEO and Gilmore as chairman and chief strategy officer.[4]
Products and services
TaxCloud's platform includes the following functions:[1][3]
- Sales tax calculation – real-time tax rate calculation across more than 13,000 U.S. taxing jurisdictions, with automatic rate updates.
- Filing and remittance – preparation, filing and payment of sales tax returns in all 50 states.
- Nexus tracking – monitoring of sales against each state's economic nexus thresholds, with notifications when a threshold is reached.
- State registration – registration for sales tax permits in states where a seller has nexus.
- Product taxability codes – classification of products by taxability.
- Exemption certificate management – collection and storage of exemption certificates for tax-exempt buyers.
- Audit support – assistance with documentation during state sales tax audits.
Streamlined Sales Tax program
As a Certified Service Provider approved by the Streamlined Sales Tax Governing Board, TaxCloud offers eligible sellers return preparation, filing and remittance, exemption certificate processing, and registration in Streamlined member states at no charge.[3][13] The company describes this as free filing in 24 states.[1] Under its contracts with the Governing Board, TaxCloud acts as an agent for sellers who register through the program, and its services may be paid for by member states.[14]
Integrations
TaxCloud offers prebuilt integrations with e-commerce, billing and accounting platforms including Shopify, BigCommerce, WooCommerce, Magento, Odoo, QuickBooks, Stripe and Chargebee, along with a developer API.[1][3]
Pricing
TaxCloud sells tiered subscription plans, each with a 30-day free trial.[3] An independent software directory describes the company as aimed at mid-sized businesses and focused on U.S. sales and use tax rather than international value-added tax or e-invoicing.[15]
References
- ↑ 1.0 1.1 1.2 1.3 1.4 "TaxCloud – Mid-Market Sales Tax Software for Growing Businesses". TaxCloud. Retrieved 7 October 2026.
- ↑ https://www.streamlinedsalestax.org/csp-details/taxcloud
- ↑ 3.0 3.1 3.2 3.3 3.4 "Certified Providers: TaxCloud". Streamlined Sales Tax Governing Board. Retrieved 7 October 2026.
- ↑ 4.0 4.1 "About TaxCloud – Simplifying Sales Tax Compliance". TaxCloud. Retrieved 7 October 2026.
- ↑ "David Campbell". TaxCloud. Retrieved 7 October 2026.
- ↑ 6.0 6.1 "David Campbell". The Small Business Advocate. Retrieved 7 October 2026.
- ↑ "Senate Finance eFairness coalition letter" (PDF). Nareit. 1 February 2012. Retrieved 7 October 2026.
- ↑ "S. Hrg. 112-831: Marketplace Fairness: Leveling the Playing Field for Small Business". U.S. Government Publishing Office. Retrieved 7 October 2026.
- ↑ "TaxCloud launches national ad campaign". Westfair Business Journal. Retrieved 7 October 2026.
- ↑ 10.0 10.1 "TaxCloud Raises $20M in Growth Equity Round" (Press release). Norwalk, CT: TaxCloud. 17 April 2023. Retrieved 7 October 2026.
- ↑ 11.0 11.1 "Sales tax compliance platform TaxCloud nets $20m". FinTech Global. 26 April 2023. Retrieved 7 October 2026.
- ↑ 12.0 12.1 Steiner, Ina (April 2023). "TaxCloud Gets $20 Million to Grow Its Sales Tax Compliance Business". EcommerceBytes. Retrieved 7 October 2026.
- ↑ "Streamlined Sales Tax Registration System: TaxCloud". Streamlined Sales Tax Governing Board. Retrieved 7 October 2026.
- ↑ "TaxCloud Authorization Form". TaxCloud. Retrieved 7 October 2026.
- ↑ "TaxCloud". ERP Research. Retrieved 7 October 2026.
External links
- Official website
- TaxCloud listing at the Streamlined Sales Tax Governing Board
