Publisher's Synopsis
A Guide to Sales and Use Tax provides information and professional insights on how to comply with a multitude of state laws and regulations. From discovering the difference between how sale tax and use tax are applied to preparing for a state tax audit, you will learn what is required to successfully administer the taxes. In addition, you will also discover some of the most common mistakes businesses make when administering the taxes and how they can be avoided. Whether you are starting a business or are a seasoned tax professional, A Guide to Sales and Use Tax provides valuable solutions to sales and use tax issues that every business should be prepared to address. Here are just a few of the topics covered in the book: -account registration and electronic funds transfers-late payment and other notice of assessments -how to handle over or under collected taxes-determining nexus within a state -managing certificates of tax exemption-preparing for a state sales and use tax audit-conducting a reverse audit.
