A Guide to Sales and Use Tax: You'll discover vital information on important topics ranging from opening a tax account to surviving a state audit.

A Guide to Sales and Use Tax provides information and insights on how to comply with a multitude of sales and use tax laws and regulations. From discovering the difference between sales tax and use tax to preparing for a state tax audit, you will learn what is required to successfully manage the taxes. In addition, you will also discover some of the most common mistakes businesses make when administering the taxes and how they can be avoided, saving your business both time and money. Whether you are just starting a business, or are a seasoned tax professional, A Guide to Sales and Use Tax provides valuable information and solutions to sales and use tax issues that every business must be prepared to address. Here are just a few of the topics covered in the book: •Account registration and electronic funds transfers •Late payment and other notice of assessments •How to handle over or under collected taxes •Determining nexus •Managing certificates of exemption •Preparing for a state sales and use tax audit •Conducting a reverse audit.