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The Most Complex States for Personal Property Tax Compliance

CPA Practice

Property tax compliance can be just as puzzling, and getting it right in some states can be more complex than in others. This blog post sheds light on what makes personal property tax compliance in certain states particularly tricky. This helps explain why many companies find property tax compliance time-consuming.

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Sales Tax Compliance: Automated Returns or Service Provider?

TaxConnex

This time of year, everybody’s mind is on income tax preparation. The fact is, when it comes to many companies’ federal and state income tax returns, they don’t rely on an automated income tax return. Why should sales tax be any different? Managing a tax calendar. They turn to experts.

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An introduction to APIs: Are they right for your accounting firm’s tech stack?

ThomsonReuters

Enter Automation. Automation can be an uncomfortable term for tax and accounting professionals. In fact, the purpose of automation is to help you thrive in your career. Automation is more about getting mundane, manual tasks off your plate so you can focus on meaningful work that fulfills you and contributes to the firm.

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E-invoicing and tax compliance in an increasingly complex, ever-changing world

ThomsonReuters

Compliance may not be the most glamorous task facing indirect tax (IDT) teams, but the rapid pace of change in global regulations and reporting requirements is turning the humble compliance function into a rapid-fire gauntlet of continuous challenges. In the next two years, more than a dozen countries (e.g.,

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What triggers a sales tax audit and how do you reduce the risks?

ThomsonReuters

What triggers a sales tax audit and how do you reduce the risk of an audit? Almost all companies undergo a sales tax audit at some point. This sales tax audit guide can help indirect tax teams avoid common audit triggers and manage the sales tax audit as smoothly as possible.

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Everything you need to know about digital links for Making Tax Digital

Xero

As a small business owner getting to grips with what’s needed to comply with Making Tax Digital (MTD) for VAT, you’d be forgiven for feeling a little overwhelmed by the number of actions and items you’ve likely never encountered before. A data transfer that is automated, or via an API. Why do you need to use digital links for MTD?

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How to keep up with the regional complexities of e-invoicing and CTCs: Part 3

ThomsonReuters

In the first two installments of our blog series on e-invoicing and Continuous Transaction Controls (CTC), we discussed the basics of e-invoicing and how it affects tax teams and compliance efforts. The purpose of this series is to help readers gain a better understanding of e-invoicing and CTC, and their impact on corporate tax teams.

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