Avalara MyLodgeTax Pro Simplifies Tax Compliance for Short-Term Rental Property Managers
Growing your business requires streamlined compliance
MyLodgeTax Pro is designed specifically for professional property managers with 5–40,000 properties, who must navigate complex regulations to help mitigate compliance risk for their clients. As online marketplaces assume more responsibility for the remittance of certain taxes, MyLodgeTax Pro helps account for these agreements, reducing the risk of overpayment (or underpayment) of lodging taxes. The system eases headaches for property managers by improving efficiencies in managing client compliance obligations and allowing managers to focus less on compliance and more on revenue-driving activities.
“Property managers represent a large, growing segment of our customer base, in step with the increasing professionalism of the short-term rental industry,” said
Address compulsory short-term rental compliance obligations with
MyLodgeTax Pro can help reduce the time and resources required to achieve tax and regulatory compliance, providing the following benefits to short-term rental property managers:
- Reduces audit risk exposure and noncompliance through up-to-date tax content
- Provides registration with state and local tax agencies based on property information provided
- Determines lodging tax rates based on the property’s address
- Helps prepare, file, and pay lodging taxes when due
- Facilitates comprehensive reporting to support internal or external audit requirements
- Provides support for tax agency correspondence and notifications management
- Includes ongoing support from industry experts for easy setup
For additional information on Avalara MyLodgeTax Pro, click here.
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