
3 Steps to Minimize Sales Tax Audit Risk
Preventing sales tax audit risk is the best policy to have in place, versus reacting to an audit. However, when auditors do come knocking, businesses
Preventing sales tax audit risk is the best policy to have in place, versus reacting to an audit. However, when auditors do come knocking, businesses
By Judy Vorndran, J.D., CPA, TaxOps and Nancy Steele, TaxOps To deal with the uncertainty of evolving sales and use tax policies in numerous jurisdictions,
When it comes to consumption taxes, the United States has always taken a different approach than the rest of the world. There is a proposal,
Building a strong foundation for your finance team is critical for numerous business strategies, including ensuring a compliant and accurate approach to sales tax. We’ve
Early signs as to what’s ahead To no one’s surprise, 2022 was a busy year in the world of sales tax. Along with the usual
Picking the right sales tax solution is not always apparent. Federal, state and local regulations can quickly change. Businesses evolve, whether through introducing new products
Microsoft users have been pushing toward the shift to the cloud and modernizing their IT strategy. However, it is essential they do not overlook their
Emblematic of a trend gaining momentum, Wisconsin becomes the fifth U.S. taxing jurisdiction to promulgate official guidance regarding the applicability of sales tax to non-fungible
On October 20, the Washington Department of Revenue hosted a public “listening session” to garner taxpayer feedback on the Interim Statement it published regarding the
In a development that should be a surprise to almost no one, a state district court judge invalidated Maryland’s digital advertising tax, which was slated
Regulatory change and evolving technology continue to fuel modern tax. Businesses need to map out near- and long-term strategies that keep pace with the digital
Are you making sales into or within Puerto Rico? Would you like to expand into PR but are uncertain of the sales tax compliance hurdles
With a few jurisdictions already on the record, including Belgium, Spain and Switzerland, and with Puerto Rico and Washington poised to issue official guidance, it
What does wedding season have to do with sales tax? Depending on the products and services your business offers, there could be more involved than
No company wants a focus on managing sales tax to distract them from their primary business objectives. But it’s a mandatory part of business that
Let’s face it: no one likes dealing with tax, and no one likes learning they’ve done something wrong when it comes to their organization’s compliance.
Managing sales tax doesn’t have to be a complicated, overwhelming and time-consuming process. Assuming of course that you properly evaluate your internal capabilities, existing technology
It’s no secret that sales tax is complex for businesses. But many NetSuite users are unaware of capabilities within their ERP that could help reduce