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Business Gains, Audit Pains: 5 Surprising Tax Risks Faced by Growing Businesses

Transactional tax compliance involves everything from sales tax rate rule and boundary accuracy to use tax reporting to exemption certificate management. Unless your business has hundreds of thousands of dollars to spend on audit fines, fees and penalties, protecting yourself against unnecessary transactional tax risks is simply good business. Here are five ways your success can be your downfall when it comes to tax compliance:

  1. Moving into new states and jurisdictions
  2. Using contract workers and remote employees
  3. Introducing new products and services
  4. Expanding routes to market
  5. Revenue growth itself
Download the paper and learn about the implications of these activities. Should you face an audit, the information could help you keep risk down as your valuation goes up.

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http://www.bizreport.com/whitepapers/business_gains_audit_pains_5.html

 

 

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