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Sales Tax Risk Mitigation: What You Need to Know
Manage episode 467487627 series 3476830
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Ignoring sales tax rules can be a costly mistake for businesses. As a "pass-through" tax, sales tax is meant to be collected and remitted—but failure to comply can lead to hefty penalties. With state tax rates averaging 8% and additional penalties stacking up, businesses could face millions in unexpected expenses. In this episode, we break down how to assess your risk, avoid compliance pitfalls, and implement strategies to reduce exposure. Don't let sales tax become an out-of-pocket nightmare—tune in now!
Brian - Chief Revenue Officer, Partner at TaxConnex
https://www.linkedin.com/in/brian-greer-55b7364/
Jeff - Consulting Practice Leader, Partner at TaxConnex
https://www.linkedin.com/in/jeffrey-meigs-14a76521/
https://www.taxconnex.com/
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