Use Tax Compliance Systems

• Determining which transactions are subject to use tax in your state(s)
• Updating the ever changing taxable/exempt status for your state(s)
• Calculating the total use tax due for each period for each state
• Defending your exemption decisions in audits
• Providing an accountable use tax accrual system for internal and external audits
• Operating a "not-so-efficient" use tax system

…you may be paying too much in sales and use tax and paying too much for compliance. Paying the correct amount of tax has never been more important. Even if you have that under control, chances are that you are spending way too much time (and money) with the compliance function.

BKD Can Help

Our sales and use tax professionals will conduct a review of your use tax system and provide solutions from state-of-the-art software that accurately determines use tax due to state(s) with statistical sampling methods to develop accurate and easy to use monthly percentages often known as managed compliance agreements (MCA). These efficient solutions can save you time and are highly accurate.

As part of our procedures to realize sales and use tax savings and efficiencies, we can:

• Meet with you to review the work plan, apply for a direct pay permit as needed and identify locations of records and determine the electronic records needed
• Conduct interviews and tours of facilities to determine procedures and systems for payment of taxes
• Determine if automated transaction decision software or MCA, or a combination, is the most efficient system for your needs
• Develop electronic samples as needed using statistical sampling methods
• Analyze sample transactions, records and source documents
• Develop and implement each state’s decision matrix software
• Meet with you to discuss findings and recommendations
• Present an implementation report providing the percentages and to what they apply
• Provide additional assistance, as necessary, to support you in the system application

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