In today’s world, it is not a question of if a business will get audited, but when. As states budget deficits continue to soar, income taxes are shrinking, and federal aid is drying up; the states have had no choice but to become more creative with the products and services that they tax and more aggressive with the taxes that they collect. With thousands of rate, rule, and boundary changes every year in the US and an epic legal debate over e-commerce taxation, managing sales tax has never been more complex. Not only is manual sales tax management very time consuming but all it takes is one erroneous interpretation, honest mistake, or even reliance on a long-term industry practice for your business to be at risk of losing tens of thousands of dollars. And with the recent explosion of tax auditors on the streets, each armed with the goal of finding lost revenue, is that a chance you are willing to take?
By applying the right tools to your sales tax processes, you can save valuable time and greatly improve your odds of coming out of an audit unscathed. AvaTax for Microsoft Dynamics provides you with a cloud-based sales tax management solution that helps you stay one step ahead of any tax rate or rule changes and ensures that you are always collecting the correct amount of sales tax. In addition to managing your sales tax calculations, they can also manage your exemption certificates, file your forms and remit payments on your behalf to ensure that you are in complete compliance.
Bond Consulting has teamed up with Avalara, the creator of AvaTax for Microsoft Dynamics, to provide you with an informational webcast series that will help you stay on top of the ever changing sales tax landscape, and provide you with tips to help ensure compliance. Whether you collect sales tax or not, we have something for you!
Join us for a webinar on June 18 to learn about the top 12 Sales Tax Survival Tips and July 16 to learn about Exemption Certificate Best Practices that Reduce Audit Risk. If you are unable to attend but would like to learn more, please contact Bond Consulting at (562) 988-3451 or email Avalara.
