Why Sales Tax Compliance is Significant?
As we approach Tax Season, I wonder how many people understand the potentially vast
differences in the quality of tax return preparation? Are tax returns really the commodity that
they seem to be? Is a tax return...
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Why Sales Tax Compliance is Significant?
As we approach Tax Season, I wonder how many people understand the potentially vast
differences in the quality of tax return preparation? Are tax returns really the commodity that
they seem to be? Is a tax return prepared by the tax service in the mall of the same quality as that
prepared by a major CPA firm? What does it mean to have a "quality" tax return? In fact, can a
tax return be prepared in such a way as to reduce income taxes?
As someone who has been involved in the tax return preparation process for almost 30 years, let
me share some thoughts on this subject. Sales Tax Compliance is quite important in today’s
scenario which ensures complete sales tax return.
Accuracy in a tax return simply means that the information provided by the client was reflected
on the tax return. It does not mean that the tax return was prepared in the BEST way it could
have been prepared. In fact, I RARELY see a tax return from a new client that was prepared t
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