The vast majority of businesses in the U.S. are subject to sales and use tax. This is now one of the leading sources of revenue for states and localities; there are increasing number of sales and use tax audits occurring.
Currently, 45 states and thousands of localities impose sales and use tax. Recently, many states have begun to enact “Amazon” or “remote seller,” nexus rules. Furthermore, the rules concerning what is and what is not taxable vary significantly across the states and sometimes within the state.
Now is a great time to contact STS Consultants to discuss your company needs. A large component in today’s market is reverse audits and we our proud to announce that 90% of our clients’ reverse audit resulted in a favorable outcome.