Sales tax is tough, especially when it comes to compliance. Sales and use tax compliance takes time and resources, no matter the size of your business. New laws are constantly added and amended, sometimes with little warning, making compliance seem nearly impossible. To make things worse, sales and use tax audits are on the rise due to the estimated $1 billion tax gap. In 2021 alone, an average of 1,200 new bills were introduced each month. How can you keep up in the upcoming year?
In an industry as complex as sales and use tax, you can’t go alone. That’s why Sovos has many resources to help businesses of all sizes get the newest updates when they need them.
Source: SOVOS
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