While this is the time of the year when income taxes capture everyone’s attention, sales and use taxes make themselves annoying all the time.
The ubiquity and variety of these sales and use taxes creates problems for everyone — the customer, your client and your practice. While most accounting software today provides at least some modicum of sales tax tracking, unless your client conducts business in a single taxing authority with fixed rates on all taxable items, the integral sales tax capabilities of many products are just not going to do the job, so your clients (and you) may still need to have a research service in place to determine the taxability of transactions.
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