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How do I set up tax rates in Wave?
Setting up tax rates in Wave is an important step for any business owner. Knowing how to set up tax rates correctly can help ensure that you are compliant with local, state, and federal tax laws, and can help you avoid costly penalties and fees. Additionally, setting up tax rates correctly can help you accurately track and report your income and expenses, which can help you make better financial decisions for your business.
Grace Everwood
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16 seconds
Waveapps
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Go to [https://www.waveapps.com/](https://www.waveapps.com/)
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Click the “Add Tax” button.
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Enter the name of the tax in the “Tax Name” field.
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Enter the rate of the tax in the “Rate” field.
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Select the applicable country from the “Country” dropdown menu.
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Select the applicable state from the “State” dropdown menu.
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Select the applicable type of tax from the “Type” dropdown menu.
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Click the “Save” button.
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