Sales & Use Tax Resources
Our mission is to provide a resource so business owners, accountants and bookkeepers can understand sales & use tax compliance.
We know that sales and use tax laws are not the easiest to understand.
eBooks & Whitepapers
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Texas Taxes for Audits$9.99
Texas Taxes for Landscaping, Pest Control & Other Real Property Services$29.99
Texas Taxes for the Construction Industry- New Construction$29.99
Texas Taxes for the Construction Industry- Repair, Remodeling & Restoration$29.99
Texas Taxes for the Construction Industry- Sales & Use Tax-2022$29.99
Articles & Videos
Sales and use tax compliance is a complex thing. Knowing whether you must register in a jurisdiction (i.e., do you have nexus), whether what you sell is taxable, what tax rate you should charge, the applicable sales tax exemptions, etc. can be a lot to digest when you are starting your business. One thing that all business owners can do to make their lives easier is have clear and concise invoices.
Once you involved in an audit, you must understand that the taxing authority has broad powers as it relates to what documents they can request. If a state tax auditor requests data, you should produce it. If you don’t, there are consequences that are very unpleasant. Find out how much power the auditor has and how to navigate the process.
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.
Depending on the sales tax audit results, (i.e how much money your company owed in sales and use tax), you may be audited again.
Sales and use tax is a specialized niche area. While your book keeper or CPA may be helpful in myriads of other ways, sales and use tax compliance is not their speciality. You may need to consider another resource, like a sales tax consultant.
Here we discuss about five things you can do to make your audit go smoother. Four of the five tips are things to do when you set up your accounting practices and systems.
The key to all audits is documentation. You must prove what you do, that you collected the correct amount of sales tax, all sales tax collected was remitted, etc.
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