Preventing sales tax audit risk is the best policy to have in place, versus reacting to an audit. However, when auditors do come knocking, businesses want to be able to quickly and easily find the needed documentation. When you have the right sales tax automation tools and processes in place, the chances of getting audited are less and the process of responding to those audits is easier.
Here are three key steps to minimize the risk of a sales tax audit – and will help keep you prepared for the possibility of an audit taking place.
Source: SOVOS
