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5 signs your current tax setup could be leading to lost revenue, audit risk, or operational inefficiency

  • Complexity of Sales & Use Tax Management: Managing U.S. Sales & Use Tax can be intricate, and businesses using outdated processes risk significant compliance issues and hidden costs, including penalties from inaccurate tax collections.
  • Warning Signs of Inefficient Tax Setup: Key indicators of a problematic tax environment include reliance on manual processes, outdated ZIP code-level data, infrequent rate updates, lack of native system integration, and uncertainty about audit readiness, all of which can lead to financial and operational drawbacks.
  • Solution with Inflyte US: Inflyte US provides a streamlined solution by delivering accurate, up-to-date Sales & Use Tax rates directly into your ERP or tax engine, enhancing compliance and reducing manual effort, thereby increasing confidence in audit preparedness.

Source Innovate Tax


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