TaxConnex

APRIL 4, 2023

You just got notice of a sales tax audit. Ideally, you’ve done your homework and put in place processes to comply in those jurisdictions where you have nexus for sales tax purposes. Wherever you are in your sales tax compliance, these steps will help your audit process run smoother. And not ideally?

audit 130

audit Sales auditor Tax 130

TaxConnex

APRIL 28, 2022

In years past, auditors could show up at your door asking to look at your records. Many audits are conducted remotely, and an auditor never visits your office. Audits remain an important tool for tax jurisdictions to evaluate the level, or lack thereof, of sales tax compliance within a business. Now that’s much less common.

audit 175

audit auditor general ledger Minnesota 175

ThomsonReuters

MAY 12, 2022

What triggers a sales tax audit and how do you reduce the risk of an audit? Almost all companies undergo a sales tax audit at some point. This sales tax audit guide can help indirect tax teams avoid common audit triggers and manage the sales tax audit as smoothly as possible. What is a sales tax audit?

audit 105

audit Sales Tax auditor 105

Withum

JANUARY 24, 2023

Whether it be seeking a bank loan, meeting regulatory requirements, or preparing for sale or initial public offering, all avenues lead to CPA-audited, reviewed or compiled annual financial statements. Establish Expectations and an Open Line of Communication With Your Auditor Communication can make or break an audit.

audit 69

audit auditor general ledger cpa firm 69

Withum

FEBRUARY 6, 2023

Sales and Use Tax ; noting jurisdictions to which there are filing obligations and keeping up-to-date with tax rate changes to ensure correct calculations and timely, accurate filings. The taxing authority auditor’s request to pull invoices substantially decreased. Lessen the external auditor’s (e.g.,

tax preparation 78

tax preparation business tax Tax general ledger 78

TaxConnex

NOVEMBER 29, 2022

more than one in four (26.7%) top finance professionals reported seeing an increase in state sales tax audits in the past two years. Almost half (48.5%) of respondents expect sales tax audits to become more frequent in 2022-23, and nearly one in five (18.5%) cited an audit as one of their chief worries for this year. It happened.

audit 184

audit auditor general ledger Non-Profits 184

PYMNTS

AUGUST 5, 2016

” From treasury management to sales teams, access to data from the accounting unit might offer guidance that was previously unattainable. But with so many players now recognizing the abilities of accounting automation — from accountants, to CFOs, to auditors, to fraud specialists — support for change is growing.

Technology 42

Technology Account accountant accounted 42