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6 Steps to Getting Sales Tax Right in 2024

TaxConnex

We are at the end of Q1 of 2024 and continue to discuss how to ensure your business is set up to get sales tax right in 2024. If you’re like the over 49% of businesses who participated in our annual sales tax trends survey and are unsatisfied with the way you are managing sales tax, then you’re in the right place.

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Sales Tax Horror Stories: Audits

TaxConnex

Know what word in sales tax also has five letters? Few issues in the area of tax are more terrifying than this kind of exam from a tax authority. Sales tax audits can certainly become nightmares – but they can be handled, too, with the right steps, allowing you and your business to move forward.

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The Big 3 Barriers to Managing Sales Tax

TaxConnex

Think you’re the only one worried about sales tax compliance? According to our third annual Sales Tax Market Survey you’re not. Our company is highly acquisitive and this results in lack of consistency when it comes to billing, accounting and reporting,” said one survey respondent.

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Six tips to respond to a sales tax audit

TaxConnex

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?

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