SpeedTax introduced an online CPA Questionnaire that allows accounting professionals to determine their clients' sales tax audit risk.
The CPA Questionnaire was designed to educate clients while collecting information about risk that accountants can use as a springboard for corrective action. After the client answers a handful of questions about seven categories of compliance risk - audit defense, nexus, taxability, returns and filing, exemptions and current practices - the online application produces a snapshot assessment of their situation.
A full report, including any of the client's free-form comments, is forwarded back to their CPA.
SpeedTax CEO Anton Donde noted that more states are struggling with revenue shortfalls in their budgets and are increasing their sales tax audits and enforcement activities to help make up the difference. "Accountants can play a critical proactive role in ensuring that their clients are in full compliance with state and local sales tax regulations, and are receiving the highest level of audit protection available," he said.
The CPA Questionnaire is available at
