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The Current State of Managing Sales Tax Obligations

TaxConnex

To help financial leaders better understand what their peers are doing when it comes to sales and use tax in 2024, TaxConnex® conducted its fourth annual sales tax survey in November of 2023. Their responses are included in the following blog. However, could outsourcing to a responsible party have the same, if not better results?

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5 Questions to Ask Yourself Before Distributing Sales Tax Obligations to Other Team Members After Losing a Key Employee

TaxConnex

But what happens when you lose the person managing your sales tax obligations? For most businesses in this scenario – there are three options: Re-hire for the position Distribute tasks among other members of the team Outsource In this blog, we’ll look at the potential to distribute tasks to current team members.

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Sales Tax Software vs. Service Providers: Making the Right Choice for Your Business

TaxConnex

However, navigating the complex world of sales tax filing is a lot for a business to manage without the right expertise. In this blog, we will explore the key differences between sales tax software and service providers, weighing their pros and cons to help you make an informed decision that aligns with your unique business needs.

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5 Steps to Put Your Business on the Right Track to Maintain Sales Tax Compliance

TaxConnex

What do you do when you discover you are out of compliance in some states? What do you do when you discover you are out of compliance in some states? In this blog, we’ll outline 5 steps that will put you on the right track to have your business prepped to maintain compliance. Complete a Nexus Review.

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Tax planning strategies to start the new year with

ThomsonReuters

Tax planning strategy #1: Utilize short-term staffing solutions As tax season begins, firms in need of a short-term boost in headcount should consider outsourcing services to increase workload capacity. Partial outsourcing is also an option. But where do you begin building your tax planning strategy?

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Why CFOs Love Outsourced Accounting Services

Basis 365

One solution that many CFOs are turning to is outsourcing their company's accounting and accounting tasks. In this blog post, we will discuss why CFOs love outsourced accounting services and the many benefits that they provide. Accounting requires significant time and resources, which can drain a company's finances and staff.

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3 Tips to Avoid Tax Season Burnout

CPA Practice

It’s stressful; that’s just part of the business, right? From the Thomson Reuters blog. People, in general, have a hard time saying no or taking breaks when the work is piling up (like in the first two weeks of April). Being an accountant means that work often comes in ebbs and flows. Republished with permission.]

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