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SALES TAX COMPLIANCE

Credo CFOs ensure that you stay compliant through preparing for complexity around regulatory changes, omnichannel transactions, and multi-jurisdictional sales.

CREDO’S SALES TAX EXPOSURE REPORT

The ‘Sales Tax Exposure Report’ leverages the client’s information to determine nexus and applicable sales tax.

The Hidden Cost of Interstate Sales Tax

The total estimated hours per month spent on tax management activities, by industry, with retail the highest at 209 hours. (source: Cpatrendlines.com)

This survey finds that small businesses are spending up to $12,000 per month to identify sales tax obligations, yet they are still mostly not in full compliance. When it comes to sales tax, it’s important to seek professional help.