Vacation Rental Tax Support
Enlist the help of HotSpot, a professional vacation rental tax service to troubleshoot and file your sales taxes.
Benefits
- Guarantee compliance - HotSpot ensures you stay compliant with the ever changing laws and taxing requirements. HotSpot will cover the cost if they are at fault for non-compliance.
- Save money - the service costs a fraction of a CPA or accountant and most times pays for itself through the taxing authority's timely filing rebate.
- Avoid unnecessary costs - filing on-time ensures you avoid steep penalties and interest.
- Simplify filing - HotSpot handles filing your return and paying your taxes, not you.
- Save time - there is no paperwork or payments to manage.
Features
- Lower fees. Only a fraction of the cost of hiring a CPA or accountant.
- On-time filing. Avoid steep penalties and interest costs.
- Guaranteed compliance. With the ever changing laws and tax requirements, HotSpot ensures you stay compliant or they’ll cover the cost if they’re at fault.
- Easy recordkeeping. Email receipt and online summary of tax liabilities, service fees and payments.
- Convenient payment method. Payments and fees are electronically debited from your bank account.
- Online summary of tax liabilities and returns.
How It Works
HomeAway Connect has partnered with HotSpot Management to provide the vacation rental sales tax compliance service.
- Complete HotSpot's online registration and subscribe to the service.
- Once you are registered, HotSpot will contact you to ensure you are registered with the proper taxing authorities. Depending on your property's location and your specific needs, this process may take several weeks to complete.
- HotSpot will contact you when your account setup is complete and will inform you of the taxes you should charge your renters.
- When it comes time to report your rental activity, HotSpot will send you a reminder email containing instructions on reporting your revenue. After you enter your rental activity for the period, the system will automatically calculate your sales tax liabilities, generate an ACH payment to deduct the funds from your account, and send you an email receipt with the details.
- HotSpot then handles remitting your return(s) and payment to the proper authorities.
