This manual is designed to keep a business compliant with local sales and use tax regulations, thereby avoiding expensive fines and penalties. It does so by noting when sales and use taxes should be applied to a transaction and how to calculate and pay those taxes. The manual also covers many special situations, such as sales tax exemptions, dealing with over- or under-collections of sales taxes, private letter rulings, sales tax holidays, and how to deal with a sales tax audit. It also addresses economic nexus, which requires that sellers collect sales taxes for sales made into other states. This manual is an essential tool for the proper application of sales and use taxes within an organization.
By:
Steven M Bragg Imprint: Accountingtools, Inc. Dimensions:
Height: 254mm,
Width: 178mm,
Spine: 3mm
Weight: 104g ISBN:9781642212860 ISBN 10: 1642212865 Pages: 50 Publication Date:21 April 2025 Audience:
General/trade
,
ELT Advanced
Format:Paperback Publisher's Status: Active