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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? Many companies are enamored by an automated sales tax returns approach.

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Taking a Look at Sales Tax Exemptions and Why They're Important

TaxConnex

Taking advantage of sales and use tax exemptions can save your business money and headaches. In general, exemptions are statutory exceptions eliminating the need for the retailer or business to collect sales tax on a particular transaction or on all transactions with a customer.

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Sales tax vs. use tax: the differences

ThomsonReuters

Jump to: What is sales tax? What is use tax? Sales tax vs. use tax Summary Calculating, collecting, and reporting sales tax and use tax can get complicated as a business grows, and it can be easy to confuse these two types of indirect taxes. What is sales tax?

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5 best practices for sales tax reporting and compliance with indirect tax regulations

ThomsonReuters

Indirect tax professionals play a critical role in the success of a business. As the pace of new tax compliance challenges accelerates , tax teams need constant access to accurate data that keeps up with changing sales tax reporting rules and complies with ever-evolving regulations.

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Accounting for Startups

inDinero Accounting

Accountants’ specialized knowledge can support your startup business in many ways. When it comes to number of employees, sales, and market share, startups look an awful lot like small businesses. We’ll cover the various services startups need from accountants and the things accountants look out for while doing their work.

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Accounting for Startups

inDinero Accounting

If your startup is relying on the person who’s best at numbers for your accounting, you can be setting yourself up for failure like: Misinterpreting cash flows. Holding back your growth. Accountants’ specialized knowledge can support your startup business in many ways. Losing out on funding or contracts.

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