Sales and use tax management and compliance issues are not limited to retail companies — they can pose a challenge for businesses of all types and sizes. Collecting, calculating, reporting, and paying sales and use taxes are often some of the most confusing aspects of running a business. And because these taxes impact your business.
Getting a letter from the IRS can strike fear into the heart of any taxpayer. But there’s no need to panic. These letters are extremely common: in fact, the IRS sends millions of letters to taxpayers each year, and for a wide variety of reasons. Here’s what to do if the IRS sends you a.