Whether you have previously received a sales tax notice assessment or not, accuracy is everything when it comes to sales tax compliance. If your current strategy involves manual work, you could be looking at an extremely arduous process that runs the risk of human error.
Developing a strategy for improving sales tax accuracy starts with identifying your challenge areas. Whether it be lack of process to update systems when tax rate changes, keeping up with complex forms and schedules or simply not having enough staff to conduct a thorough review, there are solutions that can help.
In this session, Sovos and LedgerGurus will help identify your largest areas of risk and share scalable strategies for:
- Applying the most up-to-date tax rates for every customer order
- Ensuring exempt sales are recognized appropriately and tax-exempt customers don’t receive unnecessary charges
- Keeping your sales tax data organized so filing doesn’t become a headache