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Preparing For An Audit

3 simple tips on preparing for an audit:

ORGANIZE RECORDS. You may have underpayed or overpayed sales tax. Having your records (sales/use tax returns, federal returns, sales tax transactions, etc) organized and easily accessible will help in supporting transactions.
DON’T RUSH AUDIT PROCESS. It can be time consuming because the auditor will do a thorough audit and detailed examination of sales records.
CONSULT A PROFESSIONAL. Seek advice and services from a sales tax audit expert who has knowledge in computing sales tax rates and organizing paperwork for tax audits.

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