What CFOs Need to Know about Weathering a Sales and Use Tax Audit
When it comes to sales and use tax audits, state and local jurisdictions are getting more aggressive, which means that CFOs and finance teams must be prepared for the inevitable audit. The number of audits in this area is increasing, so it’s no longer a matter of if, but when, your company will face an audit.
Topics explored in this ebook include:
- Assessing the benefits of working with a third-party provider to help navigate sales tax compliance at the state and local levels;
- Considering cloud-based technology that integrates directly with ERPs;
- Determining the appropriate response when your company is audited for sales tax compliance, including establishing a central point of contact, streamlining information gathering, and having a plan for quickly remediating problems.