You’ve filed your tax returns on time so all is good, right? Wrong. All is well until the auditor comes knocking. Now what you put on the returns gets major scrutiny, are you prepared? No one likes an audit, but there are key areas within your sales and use tax process that will be highlighted so that you can feel confident that you have reduced your audit exposure. In this session you will learn the fundamentals of sales and use taxation from an audit point of view and how to apply them to your business.
Join us for this session as Peggi Rockefeller, Chief Tax Officer – Transaction Tax, exposes sales and use tax ‘hot spots’ to help you protect your business. Whether you’re an industry tax professional, or a CPA in public practice, knowing these hot spots also allows you to identify ways to increase the value of what you do for your internal or external clients.
In addition, you’ll learn:
Sales and Use tax basics (nexus, tax calculation, automation options)
All the things to consider after you’ve received an audit notice
Learning how to handle the auditor is just as important as the numbers
Best practices for collecting and storing exemption certificates