Hi everyone! We will be discussing the importance of having a clear, concise website. You never know who may be looking.
Key Takeaways:
When auditors start their review of your business, they discuss the business with the owner or representative.
But they also perform their own research, which includes reviewing a company’s website.
Make sure to have a clear picture of the business, including what type of services are performed, goods sold and jurisdictions, the business structures (subsidiaries, divisions, etc.) where the company conducts business, etc.
The answers to those questions all affect sales and use tax compliance.
While it is not the only thing that the auditor reviews, it can be problematic if it is not reflective of what they have been told during the sales and use tax audit.Â
Our mission 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. Our focus is on empowering you with a framework and general understanding, so you know what questions to ask and where to go to get the information you need to stay on the right side of sales and use tax compliance.