Sounds Crazy, But a Managed Sales Tax Audit May Be The Best Way To Go

We subscribe to some of the best resources available today when it comes to state and local tax research. Chances are, whatever question you could possibly have, we can find the answer. Today, we want to address some basic questions surrounding managed audits.

Vice President NOT PERSONALLY Liable for Sales Tax

You don't see a headline like this very often. Usually, the headline you see is where a Director or Corporate Officer is on the hook for unpaid taxes. In this case (Mitchell, New York Division of Tax Appeals, Administrative Law Judge Unit, DTA No. 822072, February 25, 2010), the director and vice president of a telecommunications company that was later acquired by another company was not personally liable for collecting and remitting New York sales and use tax on behalf of the company.

Big Changes in Washington -- Resale Certificate No Longer Valid. "Reseller's Permit" Now Required

Businesses Must Have a "Reseller's Permit" if They Hope to Buy Items for Resale.

Effective Jan. 1, 2010, only businesses with a Department of Revenue-issued Reseller Permit can purchase items for resale without paying sales tax.