Originally published in Seattle Business Magazine, this article focuses on sales tax exposure, gross receipts/other alternative taxes, and personal income tax withholding.
In a 2012 survey of corporate tax departments, the Tax Executives Institute reported that the most commonly used measurement by company management to evaluate the tax department’s performance was “lack of surprises,” beating out expected metrics such as “meeting compliance deadlines” and “cash taxes.”
So it seems that avoiding ugly surprises is the way to succeed in the tax world – but how do we know what we don’t know? Click here to read the full article.