Sales tax can be complex for large and small businesses alike. Paying sales tax incorrectly throughout the year, or reporting sales tax incorrectly on your return, can trigger a sales tax audit. The Connecticut State Department of Revenue Services (DRS) tracks business’s sales taxes in CT, and misfiling can mean a CT DRS sales tax… Continue reading
Business Use Tax, CT Fresh Start Letter
Business Use Tax Have you recently received a letter for your business from the Connecticut Department of Revenue Services (DRS), CT Fresh Start, regarding Business Use Tax? These letters are a precautionary step that DRS is using to alert you to the fact that your business has been flagged and is at a higher risk… Continue reading