Feeling overwhelmed and frustrated by all the new rules governing sales tax collection? Why not outsource your problems? Sales tax outsourcing is becoming more and more common among companies that simply do not want to invest the resources in keeping up with all the details of current and constantly changing sales tax laws.
Sales tax compliance is not a simple process. This is especially true for businesses with a physical presence in multiple states. It’s not easy keeping up with the proper procedures for complying with a particular jurisdiction's requirements. Do it wrong and you could very well end up owing back taxes as well as fines and penalties.
When outsourcing your sales tax compliance, you can outsource the risk of non-filing, late filings, or missing a payment. You can also free up valuable internal resources. However, choosing the wrong firm can lead to unnecessary time and expense. Don't be fooled by a low cost or a "returns outsourcer".