Sales Tax

TAXES ARE SO COMPLEX THAT PROVIDERS MAY OVERBILL BY HUNDREDS OR THOUSANDS OF DOLLARS. HERE’S WHAT YOU NEED TO KNOW TO REIN IN YOUR SALES TAX BILL

The stakes are higher than ever before — find out what the solutions are

by Scott Gruchot, Vice President, Advance Technology at CCH

Sales Tax Office (STO) is CCH’s newest sales and use tax calculation software product. If help is needed, or questions arise, customer support specialists who know the ins and outs of STO are only a phone call away. Here are two favorite tips in answer to recent user questions:

Are the services you provide taxable — or not?

Whether services are taxable depends on where you do business and the type of service you provide. Some states treat virtually all services as subject to sales and use tax. A handful give service businesses a free pass.

CCH’s CorpSystem sales tax solutions offer comprehensive compliance tools that will make your job easier

WHEN BUDGETS ARE TIGHT, IT CAN BE TEMPTING TO CUT BACK ON STAFF TRAINING OR RELY ON AN EXPERIENCED EMPLOYEE TO TRAIN A NEW ONE. BUT EXPERTS SAY THAT’S NOT A GOOD IDEA

State budget crunches are resulting in increased tax enforcement, including tougher and more frequent audits. As they strive to get more taxpayers into the net of tax liabilities, states are also changing the rules of the nexus game — redefining “doing business in a state” in ways that make managing local and state tax compliance and transactions even more challenging for businesses.

Of all the many ways cloud computing can make the work of the corporate tax department easier, sales tax compliance might seem minor — but in fact, Software as a Service (SaaS) is ideal for this area of taxation. Sales tax calculations involve multiple real-time transactions from a variety of sources: retail systems, call centers, automated phone systems and online e-commerce solutions.

Discover today how this advanced solution can provide you the web-based compliance management and reporting tools you need to ensure sales and use tax compliance and reduce risk.