Sales & Use Taxes
Untangling the various state and local sales and use tax requirements can be a challenge, and any misstep can cost your company money. Changing rates, regulations, and exemptions can mean overpayments.
A good accountant who understands sales and use tax procedures and requirements can not only help prevent overpayments, but can also audit payments and make any necessary refund requests. If overpayments go undiscovered, it's just an unnecessary deduction from your bottom line.
At the same time, failure to collect or pay appropriate sales and use taxes, to file the right returns and other paperwork, or to meet filing and payment deadlines can cost your company even bigger money. It's not just that those expenses can hit you unprepared, but also that penalties and interest can dramatically increase your tax liability.
An accountant who understands sales and use tax and is familiar with your business operations can help ensure compliance and timely filing of returns and submission of payments, apply the latest rates and guidelines to help you avoid overpayments, and audit your recent payments and returns to determine whether you might be entitled to a refund.
Find out now how Total Accountants can connect you with an accountant to review and prepare your sales tax returns and schedules. All you have to do is fill out the form to the left, or call Total Accountants at 1 (877) 444-0294.