Avoid Tax Audits by Automating Your Sales and Use Tax Reporting

Tax professionals have little trouble agreeing that compliance and audit concerns associated with missing or invalid exemption certificates is significantly challenging.

With that in mind, this white paper will discuss the findings of two studies that identify ways to streamline exemption certificate management, reduce sales and use tax assessments and help businesses deal with related tax issues more efficiently.

Many tax professionals agreed that automation could help.  As state tax officials and many tax professionals noted, a robust commercial system to automate ECM (Exemption Certificate Management) and other tax processes can increase efficiency, saving time and money in the ECM process, and reduce assessments.