article thumbnail

Best Practices for Managing a Sales Tax Audit

TaxConnex

If you and your company haven’t been hit with a sales tax audit yet, congrats. In TaxConnex’s recent market survey more than one in four (26.7%) top finance professionals in a variety of industries report seeing an increase in state sales tax audits in the past two years. Sales Tax Audit Triggers. Sales Tax Audit Triggers.

audit 244
article thumbnail

Sales tax ‘responsible party’ laws still going strong

TaxConnex

In an appeal involving the listed owner of an Ohio cleaning company and the responsible party for tax assessments, for instance, the state Board of Tax Appeals affirmed that the listed owner was indeed the responsible party of the business.

Sales 263
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

ERC IRS Audit Representation: Your Comprehensive FAQ Guide

MyIRSRelief

ERC IRS Audit Representation: Your Comprehensive FAQ Guide The Employee Retention Credit (ERC) has been a lifeline for many businesses during challenging times, providing substantial relief. However, with the IRS actively scrutinizing ERC claims, it’s crucial for businesses to understand their rights and options when facing an audit.

audit 130
article thumbnail

Automation's place in sales tax compliance

TaxConnex

Reporting taxes that arent calculated within the sales tax automation solution and not added to an invoice such as Washington Business and Occupations tax or the Ohio Commercial Activities Tax. Tracking, managing, and resolving notices that arrive via the US mail or posted in the states e-file sites.

Sales 147
article thumbnail

Half a dozen ways to mismanage sales tax | TaxConnex

TaxConnex

Commercial activity taxes in Ohio and Nevada are also often missed. Audits Thankfully, you may never go through a sales tax audit. Especially if you handle your compliance in house, you may have also paid local taxes to a state. On portals you’ll also find information on other taxes, such as Washington’s B+O tax.

Sales 264
article thumbnail

5 reasons you need continuity in a sales tax provider

TaxConnex

Audits are a clear danger. If you and your company haven’t been hit with a sales tax audit yet, congrats. more than one in four top professionals in varied industries reported seeing an increase in state sales tax audits in the past two years. Not someone who will ask you to take a number and wait for a response. for past due?taxes.

Sales 243
article thumbnail

Ohio Accounting Firm’s Somber Tribute to Partner Dead in Apparent Murder-Suicide: ‘Her Contributions Have Been Immeasurable’

Going Concern

On Thursday, August 24, 42-year-old Melissa Dunham was found dead in her Stark County, Ohio home along with her husband Jason, 46, and their three children Renee Dunham, 15, Amber Dunham, 12, and Evan Dunham, 9. Melissa joined BMF in 2005, starting out in audit before transitioning into tax compliance and advisory services.

Ohio 98