The Do’s And Don’ts Of External Audits

The Do’s And Don’ts Of External Audits

ShareFacebookTwitterLinkedinemail It’s happened. You’ve received a notice for one of the most dreaded occurrences a business can face: an audit. Before you proclaim that the sky is falling and your business is doomed, take a deep breath and find out what you need to...
The Do’s And Don’ts Of External Audits

FATCA Compliance Tips

ShareFacebookTwitterLinkedinemail The IRS is expected to begin auditing businesses for the U.S. Foreign Account Tax Compliance Act (FATCA) compliance this coming fiscal year. This puts many businesses at risk since studies suggest that businesses are still unsure...
The Do’s And Don’ts Of External Audits

Do You Need to Pay Gross Receipts Tax?

ShareFacebookTwitterLinkedinemail Although we might think of gross receipts tax as the same as sales tax, there are a number of differences your business needs to keep in mind. Sales tax is not the same as a gross receipts tax because of how and where the money to pay...
The Do’s And Don’ts Of External Audits

Drop Shipping and Sales Tax Risks

ShareFacebookTwitterLinkedinemail Drop shipping is a great way for remote businesses with limited inventory to expand their product lines. By selling products that are stored by a third party distributor, such as a manufacturer, wholesaler, or fulfillment house,...
The Do’s And Don’ts Of External Audits

Enterprise Zone Financing and Sales Tax

ShareFacebookTwitterLinkedinemail Enterprise Zone (EZ) programs provide tax incentives to help encourage businesses to locate and expand in economically distressed areas of a state. These areas typically have a higher unemployment rate, lower per capita income, or a...