We know that as accountants we should think strategically about sales tax. But if we don’t, how much can this impact our clients?

Growing companies can write detailed strategies to expand through multistate sales, yet they often pay little attention to the tax consequences of selling in new and different states, and are almost never happy to collect required sales tax. Getting in front of sales tax issues is almost always less expensive and complicated than not filing, being audited and possibly paying penalties. You can do your clients a great service by helping them think ahead to avoid some of the biggest tax traps and mistakes. 

In this fun session we will cover some tips to help you guide your clients in sales tax compliance, even if you are not a compliance expert. 

Topics covered include:
 
•    The art of invoicing - how you invoice matters
•    Mitigating the risk of audit 
•    Advocating on behalf of your business (..or clients??)
•    Fun facts on product taxability 
•    Getting correct documents in place 
•    Benefits of automation
•    Exemption certificates
•    Use Tax