Blog Article

11 Aug

Do You Know What to Look for to Prepare for an Audit?

Unless you’ve been audited in the past, you might not know why certain businesses are targeted, the most common types of errors auditors look for, and most importantly, how much it will cost the business should the audit outcome not weigh in your favor.

Did you know:

  • That nearly 60% of audits are spread among just 4 industries?
  • That one-third of audits targeted companies that are headquartered out of state?
  • What the average cost of an audit including penalties, fees, and professional counsel is?

Using extensive data acquired from the Texas Department of Revenue and the California Board of Equalization, this “Sales and Use Tax Audits Uncovered” report uncovers the nitty-gritty details you need to know.

More than 20,000 companies have prepared themselves against a sales tax compliance nightmare through automation. Want to learn more? Join us Tuesday, August 29th at 11:00AM CST for our informational webinar. Register today!

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