Sales and Use Tax: Reduce Your Audit Exposure and Avoid Costly Penalties

Are you prepared for a sales tax audit? With more than 9000 taxing jurisdictions charging sales and use tax, making sure you stay in compliance can be complex and difficult. Learn how to plan for and survive a sales and use tax audit, while creating more efficient processes.

At this comprehensive webcast you'll hear about best practices for improving the way your company manages sales and use tax, so you don't have to worry about audits and expensive penalties. Topics will include:

• Taxability of Goods and Services -- Sales and use tax laws are complex and vary from jurisdiction to jurisdiction. Find out how to make sure you are using the right rates and rules.
• Nexus and Situs -- Are you charging the right tax for all applicable jurisdictions? Learn how to handle complex nexus and situs decisions so you can stay in compliance with less effort.
• Exemption Certificate Management -- Acquiring, verifying and correcting sales tax exemption and resale certificates can be difficult and error-prone. Yet the cost of a single missing, expired or incorrect certificate can cost a company thousands of dollars in assessed tax, penalties and interest.
• Consumer Use Tax -- This often-overlooked tax can lead to costly audit penalties and interest. Consumer use tax often represents the greatest portion of a transactional audit assessment for many businesses.
• Automation and Efficiency -- Sales and use tax compliance can be time-consuming and tedious. You can reduce errors, create efficiencies and save time by automating this process.

Featured Speakers:

• Phil Schlesinger, CCH Product Manager – Sales and Use Tax
• Jack Sweeney, Editor in Chief - Business Finance