Don't Get Burned
By a Sales Tax Audit

With tough economic times, sales tax auditors are increasingly aggressive. Some say, more aggressive than the IRS.

How accurate are your sales tax calculations?

Did you know that: if a sales tax auditor finds a failure to collect in a small sample of transactions, they can extrapolate that over twelve months' sales?  A few mistakes could cost you big dollars.

Sadly, we have seen clients owe thousands and tens of thousands in back taxes because they failed to correctly calculate and collect sales tax.

Does your system put you at risk of being burned?

Chris Steele
Cover Girl

Wow. Prestigious non-profit selects MBSG consultant Chris Steele for cover of a fundraising brochure. Paparazzi stand back!

'Talent scouts' tapped Chris Steele, who provides monthly accounting services and training to the Wellness Community, Valley/Ventura chapter.  This three-generation photo features Chris, her daughter Kelli, and granddaughter Ryan.

The Wellness Community is an international organization making a real difference in people's lives. They provide services to cancer patients, survivors and their families. Services include professional programs of emotional support, education, and hope.

New Law for Salesperson Commissions
Beyond Compliance, Four Tips to Gain More from
The Commission Bite

California recently passed a law governing commission contracts with employees.  The new law (AB 1369) requires that companies

• Define their commission plan in writing
• Provide a signed contract to covered employees
• Obtain a signed receipt of contract from those employees

Beyond legal compliance, now is a good time for companies to revisit commission processing in their accounting software.