Tax & Accounting Blog

Article: How Outsourcing Sales Tax Management Helps SMBs

Indirect Tax, VAT-GST Management August 25, 2010

"No corporation wants to pay egregiously high fines or risk a government audit for violating sales tax laws. Outsourcing has become a good way to make sure someone knowledgeable is keeping up with the confusing welter of laws for companies doing business in more than one locale. Service providers also have the technology to calculate and monitor the tax faster and more accurately. "Day-to-day tax management is a non-strategic activity that diverts staff focus," says Patrick Grogan, Director of Marketing for Sabrix, which is part of Thomson Reuters Tax and Accounting.