If you are an entrepreneur, payment of income taxes is an very important task. The government is likely to assess your financial situation regularly and evaluate if you’ve paid off the proper total of taxes. This is why tax auditors might come to you to execute a sales tax audit. If you have not saved [...]
Archive for October, 2010
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Ifta Fuel Tax Software – An Efficient Technology
Posted by admin on October 25th, 2010
In-order to promote the most efficient possible use of the highway system, an agreement between United States of America and Canada came into enforcement. This agreement is termed as International Fuel Tax Agreement, which is known by the acronym IFTA. Although, the main aim of this agreement was to bring efficiency in the highway system, [...]
Elements of Sales Tax Compliance
Posted by admin on October 25th, 2010
Elements of Sales Tax Compliance A typical sales & use tax transaction can be broken down to different elements. These include the following sales tax compliance components: 1. Tax determination . This element consists of being able to determine, in real time, what is the relevant jurisdiction that governs the transaction, drilling down through the [...]