Reporting & Finance
Taxes
Sales tax and contractor tax tooling wired directly to your invoices and payments.
Overview
Sales tax across jurisdictions and contractor tax rules are easy to get wrong, and the mistakes surface at the worst time. Thorbis is exploring tax tooling connected to your invoices and payments so the right tax is applied and tracked as you bill. You'll charge correctly by location and keep what you owe organized instead of reconstructing it at filing time.
What we're building
Sales tax changes by city, county, and state, and contractor-specific tax rules are easy to get wrong, the mistakes usually surface at filing time, when they're hardest and most expensive to unwind. Most shops end up reconstructing what they owe from scratch months after the work was done.
Thorbis is exploring tax tooling wired directly to your invoices and payments, so the correct sales tax is applied by jurisdiction as you bill and tracked against what you actually collect. Records stay tied to the source transaction instead of being pieced back together later, and contractor-specific situations are handled as part of the same flow.
It's aimed at contractors working across multiple tax jurisdictions who want to charge correctly by location and walk into filing with organized, source-linked data instead of a shoebox of guesses.
What you'll be able to do
- Apply sales tax by jurisdiction on invoices
- Track tax collected against payments
- Handle contractor-specific tax situations
- Keep tax records tied to source transactions
- Prepare cleaner data for filing
- Charge the correct rate based on job location
- See what you owe organized by period
Rollout plan
- 01
Jurisdiction-based tax
In progressApply the correct sales tax by location directly on invoices as you bill.
- 02
Collected-tax tracking
In progressTrack tax collected against payments and keep records tied to each source transaction.
- 03
Filing-ready organization
In progressOrganize what you owe by period and handle contractor-specific rules so filing data is clean.
Milestones
- Not started:
Jurisdiction rate model
Build the rules that resolve the correct tax rate by job location.
- Not started:
Invoice and payment wiring
Connect tax to live invoices and payments so it applies as you bill.
- Not started:
Contractor tax rules
Add handling for contractor-specific tax situations.
- Not started:
Filing export
Produce organized, source-linked tax records ready for filing.
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