CCH Success Stories and Whitepapers — CorpSystem®

 

  Success Stories | Whitepapers
Argo International Corporation ARGO International Corporation gains control of multiple state sales tax rates and returns
“CCH Sales Tax Office and Sales Tax Returns Online certainly save us time, but perhaps even more importantly, we now have the confidence in our data and process. We know that the data in the system is correct, and that we are on top of all changes, whether at the state or parish level. That confidence and peace-of-mind is extremely reassuring.”

— Franz Kistner, Director, Information Technologies, ARGO International Corporation

PRODUCTS: CorpSystem Sales Tax Office, CorpSystem Sales Tax Returns Online
 

Host Hotels

Host Hotels & Resorts, Inc. simplifies the complexity of its income tax compliance
“We found that Global fx allowed us to streamline information. When we enter information or
import it from Excel, we see logically where it’s going and why. So there are no surprises. And, because of the special allocation features in Global fx, it is easy to allocate partners’ income, contributions and distributions.”

— Eric Fletcher, Tax Manager, CRI

PRODUCTS: ProSystem fx Tax - (for corporations), CorpSystem Workpaper Manager

 
 

Rebel Oil Company Rebel Oil Company leverages the paperless benefits of CorpSystem Workpaper Manager
(formerly ProSystem fx Engagement)
“With CCH’s Engagement, we’ve made all of our accounting processes and files paperless. No more misplaced and worn documents! It’s just so much faster — now just click a button, it’s there.”

— Mendi Hawkins, Tax Manager, Rebel Oil Company

PRODUCTS: CorpSystem Workpaper Manager
 

Vangent Vangent, Inc. achieves an 80% reduction in the time they spend on sales tax compliance
“All I have to do is upload our data to CCH in an Excel file, and Sales Tax Returns Online takes that data and automatically calculates the liabilities and populates that onto all the right lines on all the different forms for each state. The time I save frees me up to pay attention to all of our other tax liability issues.”

— Dan Bourcy, Senior Tax Accountant, Vangent

PRODUCTS: CorpSystem Sales Tax Returns Online, Tax Research NetWork™
 

Whitepapers
Customer Exemption Management Customer Exemption Management

Exemption Certificate Types, Requirements and Best Practices
Successful customer exemption management is critical to a business that has exempt customers (or customers that can be treated as exempt under certain situations). Understanding the relevant requirements will help you minimize tax exposure and future audit assessments.
 

Use-based Exemptions Use-based Exemptions

Requirements, Examples and Limitations
It goes without saying that use-based exemptions are the most complex of the three exemptions types in terms of requirements, application and administration. Use-based exemptions usually represent the highest dollar amount of tax savings for a qualifying taxpayer, but unfortunately, they also represent the greatest dollar amount of potential tax exposure if incorrectly applied. This whitepaper considers the who, where, what and how of use-based exemptions.
 

How will state revenue shortfalls affect your business? How will state revenue shortfalls affect your business?

The Impact of the Loss of State Sales and Use Tax Revenue on Businesses and Consumers
Due to the revenue shortfalls that most states are experiencing as a result of the current economic crisis, many states are taking swift and drastic action to address their current and future revenue losses. Find out how states are dealing with the crisis and how it will affect businesses as well as their customers.
 

The Taxability of Services The Taxability of Services

Are your services taxable? You might be surprised…
Perhaps the biggest mistake that companies make relative to the taxability of services is to embrace the comfortable notion that all or almost all services are non-taxable. This is just not the case. Only a few states exempt all services, and only a few others tax all or almost all services. The biggest compliance challenge for most businesses is dealing with the majority of states that fall somewhere between the two extremes.
 

Self Assessment of Consumer Use Tax Self Assessment of Consumer Use Tax

Overlooking consumer use tax could end up costing you in an audit
For most companies, the imposition of sales tax is a normal part of business operations. However, consumer use tax is often overlooked, leading to costly transactional audit penalties and interest, or unnecessary overpayments. Consumer use tax associated with untaxed purchases often represents the greatest portion of a transaction audit assessment for many businesses. Is your company at risk?