• Consulting Partners
• Software Partners

Minimizing the Cost of Sales and Use Tax Compliance
Sales and Use taxes are a significant cost of doing business as states scramble for additional revenues. Compliance has become cumbersome and costly. To minimize operating costs associated with compliance and assure that taxes are minimized, businesses need to implement solutions tailored to their unique business needs. Solutions should enable a tax organization as a cash and net income contributor and focus on comprehensive approaches such as:

• Redesigning procedures and policies that leverage Vertex's and the ERP's capabilities as well as better practices to reduce cost and improve effectiveness
• Changing operating practices in functional areas other than tax to lower an item's effective tax rate. For example, making changes in the way you procure marketing materials could affect their taxability and result in savings of 7-8%, depending upon the jurisdictions involved.
• Validating data accuracy such as the tax rates and taxability associated with each product or category. Corrections could lead to a substantial Sales and Use tax recovery benefit which improves the Return on the project.
• Establishing a Sales and Use tax strategy to guide your team through the myriad of rules across multiple jurisdictions and reduce potential Nexus liabilities.
• Redirecting scarce tax department resources toward tax and audit planning from low value compliance activities.

Our team is comprised of:

• Former state Sales and Use auditors who have the hands on experience and skills to understand the nuances of how the laws apply to your organization. By having individuals remaining focused solely on the complexities of the sales and use tax laws throughout the nation, our project team stays on top of current trends and emerging issues to help you better structure the way the business operates in the future.
• Vertex implementation specialists who provide more value than just software configuration by leveraging their industry experience, understanding of tax laws and better practices from working closely with and in tax departments.
• Business consultants with SAP, Oracle and PeopleSoft implementation experience that can assist with the design and implementation across the entire business processes that impact Sales and Uses tax liabilities and compliance.
• Team members that have hands on experience managing large complex projects and can help layout the overall of the systems architecture to reduce operating costs, hidden expenses and additional capital requirements.

Our services help clients at any part of their evolution with Vertex from the initial implementation to optimizing the return on an existing "package slam" by tuning procedures, policies, technology, data and tax strategies. In addition to helping clients achieve self sufficiency, we also provide returns processing and payment as a managed service. So not only do we help companies implement Vertex, we use it ourselves.
We provide complete tax solutions that transform the way you work to add more value to the bottom line. Our solutions integrate transaction tax strategy, transaction and compliance / audit processes, organizational change, and ERP systems with measurable business benefits.

Dixon Hughes PLLC provides comprehensive service offerings across audit, tax, information technology, profit and capital enhancement, forensic accounting, corporate governance, valuation, organizational development and closely held businesses.

Contacts:

Tony Buffkin
Phone: 704.367.7057
TBuffkin@Dixon-Hughes.com



Carter Utzig
Phone: 704.367.7054
CUtzig@Dixon-Hughes.com

Tony Flinchum
Phone: 336.822.4330
tflinchum@dixon-hughes.com

As the largest Southeast-based CPA firm and among the top 15 nationally, we combine deep industry experience, comprehensive accounting and advisory services, and a strong commitment to personal service. We have over 850 people in 27 offices throughout the region and, as a member firm of Moores Rowland International (MRI), rank as the 8th largest firm globally.