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Any business must understand and follow sales tax requirements. TBS Global Outsourcing introduces Certificate Verification software, a game-changing technology designed to make Resale and Exemption Certificate administration easier.
Acceptance of these certifications must be vetted carefully in accordance with state rules, and proper documentation is required. Incorrectly issued certificates can result in unforeseen tax obligations. TBS Global Outsourcing provides sophisticated Certificate Verification software to make this complex procedure easier.
Exemption Certificates: These are issued by tax-exempt organizations or individuals in exchange for tax-free purchases.
Resale Certificates: These allow firms to purchase retail items for resale without having to pay Sales Tax.
Resale and Exemption Certificates are critical in streamlining your sales tax finance processes:
-Manage the renewal process -Keep track of compliance obligations
-Maintain digital records of certificates
-Collect taxes in specified jurisdictions and based on product category.
TBS Global’s Certificate Verification software will enable your company to have a more simplified, accurate, and trouble-free tax management journey.
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