Remove ebook-identifying-and-managing-your-clients-sales-and-use-tax-risk
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5 Situations CPAs Need to Watch for in Managing Their Clients' Sales & Use Tax Risk | TaxConnex

TaxConnex

In the world of accounting and tax, CPAs, accounting firms, and advisory firms play a vital role in helping individuals and businesses manage their finances and stay within the rules. But one tricky area that often causes headaches is sales and use tax. Adding new employees, locations, or warehouses. Audit notices.

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M&A negotiations and sales tax liability

TaxConnex

It’s a common scenario: A company has decided to sell, then due diligence turns up a $2 million risk in past sales tax obligations and compliance. The buyer looks to secure against the risk via escrow – on the conservative, high side – and requires the seller to mitigate the risk. Let’s say you’re the seller.

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Top Reasons to Change an Outsourced Sales Tax Provider

TaxConnex

F r om time to time, sales tax outsourcing relationships fail to work properly, and a change is necessary. As the sales tax outsourcing relationship progresses over time, sales and marketing messages give way to the realities of the operational relationship. Do you get a lot of notices from tax jurisdictions?

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Accounting for Startups

inDinero Accounting

How to Select the Right Startup Accountant Getting Started with Startup Accounting Oftentimes, accounting for startups is left to whoever is best at managing data in the company – or if no one – one more job for the founder. Accountants’ specialized knowledge can support your startup business in many ways. Why do you care?

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Accounting for Startups

inDinero Accounting

Oftentimes, accounting for startups is left to whoever is best at managing data in the company – or if no one – one more job for the founder. If your startup is relying on the person who’s best at numbers for your accounting, you can be setting yourself up for failure like: Misinterpreting cash flows. Why do you care?

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