Sales tax is not something top of mind for most executives, but it is something that the majority of businesses will have to manage at some level.
We’ve compiled a list of 6 common mistakes we see as businesses try and manage their sales tax compliance process.
- 1. Not evaluating your nexus as your business evolves
- 2. Incorrectly assuming your taxability, or lack there of
- 4. Believing your compliance process is a set it and forget it process
- 5. Not validating your sales tax exemption and resale certificates
Source: www.taxconnex.com
