ThomsonReuters

JULY 25, 2023

A company’s decision to introduce indirect tax (IDT) automation into its tax processes is often fraught with indecision and uncertainty. Every company’s tax technology journey is different, and it’s not always clear when and how tax automation should be incorporated or what the benefits will be.

Technology 93

Technology Tax audit Sales 93

CPA Practice

MAY 15, 2024

Are your clients considering becoming an Amazon seller? But as a business grows and sales volume ticks up, all that activity can trigger new tax obligations. In this blog post, we’ll dive into five things businesses should know if they plan to use Fulfillment by Amazon (FBA). What do FBA sellers need to know about tax?

Sales 52

Sales Tax South Dakota Maine 52

ThomsonReuters

JULY 6, 2023

If you’re a tax and accounting professional, you’ve likely found yourself answering numerous questions related to your clients’ tax returns. Whether it’s advising on residential energy tax credits or restructuring a partnership, your knowledge and expertise beyond the tax return are valuable.

Tax 98

Tax tax return income tax audit 98

ThomsonReuters

DECEMBER 19, 2023

Jump to: What environmental tax breaks are available? Helping your clients with claiming environmental tax credits As sustainability initiatives gain momentum, the IRS continues to encourage environmentally conscious actions through a range of tax incentives. What environmental tax breaks are available? 

Tax 52

Tax income tax tax return Manufacturing 52

Accounting Insight

JANUARY 5, 2024

Despite how common VAT is, the tax is difficult at the best of times to understand. Knowing who pays VAT – the buyer or the seller – is straightforward, though, if you take the time to learn about the tax or have help. With this specific blog, we explain who collects VAT and what governments expect of businesses. What’s GST?

audit 52

audit Tax Maine Government 52

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.

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audit Sales Tax auditor 105

ThomsonReuters

OCTOBER 27, 2020

We discuss the importance of this next wave of the Wayfair decision, and why sales tax revenue should be added to your advisory discussions with clients. In the sales tax area, for a very long time, they required a physical presence in the state in order to have nexus (employees in that state, property in that state, etc.).

CPA 40

CPA South Dakota income tax Tax 40