CPA Practice

MARCH 27, 2024

a provider of cloud-based tax compliance automation for businesses of all sizes, today released findings from a new survey of The survey findings reveal that A majority of businesses believe that use tax is challenging, with many indicating the cost of managing use tax obligations is high for their business. Avalara, Inc. ,

Technology 69

Technology Tax audit accounts payable 69

TaxConnex

APRIL 28, 2022

Even though many audits have shifted to remote audit, the fundamentals of the sales tax audit haven’t changed. The consultancy Agile has cited several stats on sales tax audits, including that one in five small-to-midsize businesses have been audited within the past five years. It’s also changed auditing.

audit 175

audit auditor general ledger Minnesota 175

ThomsonReuters

MAY 12, 2022

How do you prepare for a sales tax audit? Sales tax auditors examine federal income tax returns to reconcile the gross sales between the federal return, the sales tax return, and the sales recorded in accounting records. Authorities take audits seriously as sales and use tax revenue accounts for nearly a third of state tax revenue.

audit 105

audit Sales Tax auditor 105