We have released our YouTube Video Audit Series #20, and it is a critical topic. Learn how important it is to have access to all records generated during the audit period.
Some people assume that a no-tax due audit means that they are handling all tax issues correctly. Learn why a good audit result in one period means nothing in subsequent audit situations in our Audit Series #19.
Learn the importance of checking automated systems to ensure they function as intended. Watch our YouTube channel Audit Series #18.
Learn about common pitfalls when taxpayers upgrade accounting systems. And remember, when you upgrade your accounting system, it can also impact your audit. Audit Series #17
Learn more about how to effectively address audit result dissatisfaction in our latest video on the Sales Tax Sisters Channel. YouTube Audit Series #16
This week the Sales Tax Sisters discuss what to do when you are not happy with the audit process or the auditor. We understand it is tempting to call the person's supervisor and complain, before you do that, think about what you want and if placing that call is the best course of action. YouTube Audit Series #15
Learn more about how the choice of who represents you influences your audit experience and your wallet. Watch the Sales Tax Sisters Audit Series #13.
This week, the Sales Tax Sisters focused on helping you learn more about the best way to handle auditor requests. Audit Series #13 can be viewed here.
Make sure that you ALWAYS review tax research and ask questions about sales and use tax compliance when working with your tax consultant. We discuss this in our latest video, Audit Series #12
Do you need helping understanding how to choose a tax consultant? In our Audit Series Video #11, we explore our best tips for making the decision.
Audits lengths vary wildly by taxpayer. Click here to learn what you can do to speed the process. Audit Series Video #10.
After the sales tax audit, you must get ready for the next audit, especially if any errors were discovered. We discuss this more in our Audit Series Video #9.
The Sales Tax Sisters Channel: Your vendor has been audited? Do you pay the sales tax reimbursement?
If your vendor issues a sales tax reimbursement request on a sale and you have the money, pay it and record that you did. Learn more in our Audit Series Video #8.
After an audit, you can recoup sales or use tax collected by the tax authority if you did not charge your client tax. Learn more in our Audit Series Video #7.
You must understand the entries in the sales tax payable account. Learn about the account and how the account should clear out in this short video, #4 in our Audit Series.
Your internal controls dictate, to a large degree, your audit experience. Learn more in our 3rd video from the audit series.
Episode 2 in our Audit series carries a very important message. If you want a faster audit, provide requested records that are easy to understand. Learn more…
In the first video from our Audit series, we talk about audit document requests. It's a mistake to do an information dump when your auditor shows up...Head to the video to understand what we are talking about.
