by Stephanie Thomas | May 11, 2024 | General Business, Sales Tax Returns, Stephanie's Wisdom
Avoid These 5 Sales Tax Software Mistakes Choosing the right sales tax software is a crucial decision for any business, yet it’s easy to fall into some common pitfalls. Here are five mistakes to steer clear of, presented with relatable metaphors to make them stick! 1....
by Stephanie Thomas | Nov 23, 2022 | Audits, Sales Tax Returns, Stephanie's Wisdom
Addressing Sales and Use Tax Credits Hi everyone, Welcome to this week’s tax tip! Today, we’re talking about a scenario that happens more often than many business owners realize—what to do if you overpay sales or use tax. Whether it’s due to a vendor mistake, a...
by Stephanie Thomas | Aug 14, 2022 | Audits, General Business, Sales Tax Returns, Stephanie's Wisdom
Sales Tax and Bad Debt Write-Offs Hi everyone, Welcome back to another weekly tax tip! Today, we’re diving into an often-overlooked area of sales tax compliance—bad debt write-offs. If your business sells goods or services on credit, understanding how bad debts affect...
by Sales Tax Sisters | Mar 18, 2022 | Audits, Mary's Wisdom, Sales Tax Returns, Stephanie's Wisdom
Congratulations! You have survived your sales tax audit. While you can breathe a sigh of relief, don’t think that the tax authority is through with you because the audit is over. In order to avoid the same issues that were discovered during the audit, you must...
by Sales Tax Sisters | Mar 18, 2022 | Audits, Mary's Wisdom, Sales Tax Returns, Stephanie's Wisdom
We all know that the word “audit” strikes fear into the heart of every business owner, especially if you are a newbie. Here we discuss about five things you can do to make your sales tax audit go smoother. Key Takeaways: Invoices should be clear and...
