If your company is set up like most, the sales tax burden probably becomes yet another area piled onto the already busy plate of the corporate controller—this is especially true at small and middle market businesses. These organizations often do not have a tax department that includes sales tax, so all accounting-related matters fall to the controller. He or she is usually a financial accounting person and probably doesn’t enjoy dealing with tax anyway, but now they are stuck with trying to figure out the complications of sales tax.

Read More