Avalara helps insurers solve compliance challenges
There are hundreds of tax types in the insurance industry. Your company may be subject to premium taxes and additional assessments as well.
Researching all the rules is time-consuming and understanding how to apply them requires expertise.
Avalara offers comprehensive research from insurance tax experts. What you’re looking for can be quickly found and easily referenced, providing clarity and saving time.
Tax rates and rules vary by country and state, and authorities differ on how insurance companies or brokers must register.
With so many regulations to keep up with, human error is common.
Avalara provides updated rates and rules from around the world, supported by insurance experts.
Automated updates to forms also means you have fewer manual tasks to contend with.
If you’re using a combination of new and legacy systems, managing compliance can be risky and problematic for IT. It’s also unlikely to survive future developments in tech requirements or tax legislation.
Avalara solutions integrate into hundreds of systems, eliminating the need for major overhauls and ongoing maintenance.
Increased compliance can be achieved today and maintained in the future.
Entering new markets or launching new products creates additional compliance liabilities. Inefficient management can mean diverting staff from revenue-generating roles, slowing business growth and cash flow.
Avalara solutions allow you to offload manual and time-consuming compliance tasks so your teams can focus on new business.
Avalara offerings are scalable so you can meet new demands without the need for constant upgrades.
Tax compliance products for insurance
Avalara Tax Research for Insurance
Use intuitive research tools and get direct access to researchers to help with tax decisions
Get comprehensive, plain-language tax research relevant to your business
Access a library of the latest rates and rules from around the world, with explanations for complex tax legislation presented by insurance coverage, category, and geography
Find insurance premium tax information, regulatory information, exceptions, reporting and filing requirements, and more
Quickly determine if the insurer, customer, or broker is liable for tax
Avalara AvaTax for Insurance
Calculate tax rates and check rules from around the world
Integrate with systems you already use
Use a single portal for all systems of tax liability, increasing consistency and accuracy of tax rates
Improve efficiency with the help of automation for compliance tasks
Work with data that’s regularly updated via advanced tracking tools and verified by our content experts
Avalara Managed Returns
Let us prepare and file returns on your behalf
Simplify the returns process
Monitor your compliance process with a workflow tailored to your business
Make it easier for your team to process and track returns with Excel integration
Verify insurance tax returns have been received by tax authorities
Get quick responses to tax notices with information stored in the cloud
Avalara Tax Research Essentials for Insurance
Avalara Tax Research Standard for Insurance
|Comprehensive research of the latest insurance tax regulations
|Rooftop-level insurance tax rates by address|
|Customizable notifications for tax and regulatory updates and news
|Audit defense support in case of inquiries|
|Plain-language answers to taxability questions
|Ability to send answers to contacts both inside and outside the company|
|Direct access to tax and compliance experts for specific questions
|History of tax laws and rates|
|Access to Q&A database
|Location of risk content with tools and tax answers to help determine taxability for specific insurance types|
|Ability to compare tax types and rates across multiple jurisdictions
|Managed Services add-on that provides consultation-based research service|