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.
CCH, a Wolters Kluwer business and a leading global provider of tax, accounting and audit information, software and services (CCHGroup.com) and Ryan, a leading global tax services firm with the largest indirect tax practice in North America (Ryan.com), have announced an agreement naming Ryan as a preferred implementer of CCH’s indirect tax solutions. Ryan’s expert software implementers will now support their clients with CCH’s entire CorpSystem® indirect tax solution portfolio, including CorpSystem® Sales Tax Office, CorpSystem® Sales Tax Rates and Taxability Database, CorpSystem® Sales Tax SaaS (CORE, PLUS & PRO), and CorpSystem® SureTaxTM Telecom.