TaxConnex

JUNE 28, 2022

Exemptions are statutory exceptions eliminating the need for the retailer to collect sales tax on a particular transaction or on all transactions with a customer. An XYZ letter is a letter sent to a seller’s customers and serves as an affidavit that the sales tax obligation has been satisfied by the customer.

Sales 187

Sales Tax audit been audited 187

Going Concern

FEBRUARY 10, 2023

Audit Americanas’ $4 Billion Accounting Scandal Puts More Scrutiny on PwC’s Auditing Record [ Bloomberg ] A $4 billion accounting shortfall would typically raise alarm bells for an auditor. Somehow, a PricewaterhouseCoopers LLP affiliate didn’t catch it at Americanas SA.

Florida 96

Florida Tax North Dakota Account 96

PYMNTS

NOVEMBER 29, 2019

Peterson told PYMNTS that, speaking generally, retailers get thick documents via mail and email detailing tax policies for each state in which they are licensed to do business – and all too often, they may not take the time to read through those documents. But as it stands now, education is a hit-or-miss proposition.

South Dakota 53

South Dakota Tax Nebraska audit 53