Reduce Risk and Stay Complied

Outsourcing is commonplace in today’s world of business. Reducing or eliminating non-core activities allows personnel to focus on the critical success factors leading your business. Sales Tax compliance such as return preparation and filing can be a great candidate for outsourcing.

PTC’s Sales & Use Tax Compliance specialists examine your current data and process to determine the best compliance approach for your organization moving forward. Our holistic accounting and tax approach allows us to deliver complete end-to-end sales tax transaction services, from data analysis to payment processing. We analyze your responses to our questions to see if your tax data can be streamlined so you can avoid constant manipulation before it is used for return preparation and remittance. Up front, PTC works to improve your current process and identify improvements to help you identify when an outsourcing option makes the most sense.

There’s a more cost-effective way to approach Sales & Use Tax compliance. Most compliance processes start with transaction-level data and only consider the GL after returns are filed and the reconciliations are completed. PTC’s approach begins with the GL, then reconciles the GL as part of the compliance process, so you can adjust what you pay before returns are filed. We call this our “closed-loop” process.

• Sales and Sales Tax Computation
• Company setup and tax return configuration
• Manual adjustments based on the company’s needs
• Final review and approval
• Fund notification and management
• Tax return filing and remittance
• Tax notice management