Gross Receipts Tax
Gross receipt’s taxation is a growing area of state tax revenue and can create a burden on companies as the rates typically applied are without deductions nor are adjusted for profit. Each year, another state or local jurisdiction enacts a new gross receipt tax and companies can be challenged in monitoring these constant changes; resulting in missed filings, penalties and interest.
Fandl’s gross receipt’s tax outsourcing services include all steps necessary to effectively manage the gross receipt’s tax function; including data review, return prep, filing and payment of tax using a dedicated imprest account, audit support, and management reporting.
Our secure on-line data warehouse allows clients access to all of its gross receipts documents including returns, notices, and compliance calendars. We handle all aspects of gross receipts tax outsourcing as part of our overall gross tax receipts services offering.