Sales tax is an important factor in business. It is a tax levied and collected by governments on goods and services sold. It is usually expressed as a fraction of the selling price added on and paid by the seller for onward transmission to the government. Even though consumers are aware of the extra expense […]
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In the USA, a tax audit is a detailed examination of an individual and business tax return by the IRS (Internal Revenue Service) or state authority. Meanwhile, the purpose of this tax inspection is to ensure compliance with tax laws and regulations. However, the tax system is complicated, and most people need clarification upon hearing
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