Sales Tax

Tax-Related Identity Theft Schemes Soar

 


Over the past 3 years, the IRS paid out an estimated $5.8 billion in fraudulent refunds, and stopped an additional $24 billion of fraudulent refunds claimed, according to a 2015 report issued by the Government Accountability Office.


Clearly, tax-related identity theft schem

What to Look for in Sales Tax Reporting

We work with clients on sales tax issues that can be challenging to implement correctly, yet essential to protect the business from large sales tax deficiencies.  I have found that small mistakes can prove very costly when applied to a large number of sales transactions.  Here are 3 practices t