audit been audited Tax 
TaxConnex
SEPTEMBER 2, 2021
Managing a sales and use tax audit can be challenging. First, you should always anticipate an audit – even if you’ve never been audited before. While they are definitely becoming more frequent as states try to crack down on economic nexus laws, rarely are you given advanced notice as to when an audit will occur.
TaxConnex
APRIL 28, 2022
Usually, you learn about an audit through a notice or letter from the state or jurisdiction in question with instructions on how the audit will proceed. Many audits are conducted remotely, and an auditor never visits your office. Fear and perception of audits are as tangible as the real examinations. Fear and loathing.
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TaxConnex
MAY 18, 2021
sales tax audits ?were sales tax audits to become more common over the next two years. of respondents said they believe audit levels?will already seen an increase in the number of audits in the past two years. evidence of tax jurisdictions’?ramping ramping up audits remains?anecdotal,?but
TaxConnex
JUNE 28, 2022
Complying with your sales tax obligations involves a lot of variables – your nexus, taxability of your products, type of customer you are selling to, etc. Another key factor that effects your sales tax obligations is related to exempt transactions and exemption certificates. This is where the XYZ letter comes into play.
ThomsonReuters
MAY 12, 2022
What triggers a sales tax audit and how do you reduce the risk of an audit? Almost all companies undergo a sales tax audit at some point. This sales tax audit guide can help indirect tax teams avoid common audit triggers and manage the sales tax audit as smoothly as possible.
MyIRSRelief
SEPTEMBER 1, 2023
Life has a way of throwing us unexpected challenges, and for many individuals and businesses, tax problems are among the most daunting. Contact us for professional tax help today! Section 1: The Weight of Tax Troubles The Burden of Tax Audits Facing a tax audit can be like walking on a tightrope without a safety net.
CPA Practice
OCTOBER 13, 2023
By Clint Rainey, Fast Company (TNS) Way back in 2012, the IRS launched the largest-ever audit in history, accusing Microsoft of stashing billions in offshore tax havens to dodge U.S. It possessed documents where giddy executives had reveled in their “pure tax play.” billion in back taxes plus penalties and interest.
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