Reduce Compliance Risks Within the Indirect Tax Space

Finding ways to manage compliance risks within the indirect tax space is a challenge that every tax team faces. From the impact on sales invoices, including identifying if tax is required—to the impact on purchase orders, including determining if the invoice is accurate.

Given the impact these situations can have on overall operations, it’s important for the tax team to know what a business is doing—no financial decision should be made by anyone without tax being included. In this webinar, Larry Mellon, a leading tax expert shares his insights on strategic ways to help manage and reduce risks, including:

• Starting with accurate taxation on sales invoices by helping ensure taxability mapping to the tax engine is accurate
• Taking steps to help ensure accuracy on purchase invoices since this is an area where state jurisdictional audits may find issues
• Having a tax engine in place to help ensure compliance—which also leads to opportunities for staff to take on other high value activities.