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Shutting Down a Tech Company – Some Tax/Accounting Tips

Shay CPA

Sales tax accounts. State franchise and income tax accounts. It can be helpful to sit down with your accountant to get a handle on all of the various accounts with which your business is associated, especially if you’ve been relatively hands-off with your company’s tax compliance. . File a final corporate tax return.

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

ThomsonReuters

This survival guide offers strategies and tips from former auditors on how indirect tax teams can avoid audits and minimize their effects. How do you prepare for a sales tax audit? Providing well-organized documents that are easy to understand (invoices, exemption and resale certificates, summary reports, tax returns, etc.)

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