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Closing the Loophole, Sales and Use Tax

Tuesday, August 13, 2019   (0 Comments)
Posted by: Terri Brustad
A quick level set regarding sales and use tax requirements for U.S. corporations will allow you to rest easy or recognize you’ve got issues to resolve. Michael Geldert of CHS Inc., steps through pertinent definitions, details out exemptions, discusses common types of tax exposure and risks of non-compliance. Use tax compliance and accrual methodology are essential, “Choosing not to implement a process means instead of paying now, you will be paying later.” Come up to speed on proposed legislation within The Marketplace Fairness Act. 

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