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

ThomsonReuters

What is a sales tax audit? A sales tax audit determines whether a business has collected and paid the correct amount of sales tax owed to the state for taxable transactions. Auditors examine financial documents and compare total sales revenue with sales that resulted in the collection of sales tax.

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4 Ways Finance and Accounting Pros Can Adapt Now to Working With Generative AI

CPA Practice

AI-powered tools for finance and accounting organizations have been around for years, helping to automate data entry and bookkeeping, invoice processing, budgeting, and many other processes. Saah has been with the company since 1998, where he started as a recruiting manager, following a career as an internal auditor and assistant controller.