(678) 829-4141 - Greetings!
www.attorneycpatax.com Are your clients ready for a sales tax audit during 2010? As state tax revenues continue to plunge, more companies are falling victim to aggressive tax audit techniques which can result in significant and unexpected tax assessments.
Audits are time consuming, invasive, and expensive if your clients are not adequately prepared. How do your clients stack up with the most common sales tax audit risks we have found with other companies?
1. Missing or invalid exemption certificates.
2. Not filing in the appropriate jurisdictions
3. Improper taxation of goods and services sold
4. Collecting but not remitting sales tax
5. Invoices not clear as to what goods and services are being provided
6. Failing to self-assess use tax on their taxable purchases
Free Tools and Services
For free sales tax tools and information to help you assess your clients’ sales tax risk, visit www.taxconnex.com. We provide 30 minutes of free sales tax consultation to all interested parties - no obligation. Sound too good to be true? Give us a call and find out.
Sincerely,
Ned A. Lenhart, MBA, CMI, CPA
Partner
(678) 829-4141
We found these situations, and many more, as we worked with companies in 2009 who were clients of local and national CPAs firms. Let TaxConnex help you serve your clients in 2010 by participating in the “TaxConnex Client Service” program. For more information on this free program for CPA firms, contact me at the address below.