Yes, the Board of Equalization (BOE) may review a business’ purchase invoices. When the BOE conducts such a review, it is often looking to see whether […]
According to the Board of Equalization (BOE), the “primary objective” of a tax audit is to discern the “correct measure of sales tax.” It attempts to […]
The short answer is “Yes”—California has both a “sales” and a “use” tax. Sales Tax California imposes a sales tax on tangible personal property. This […]
Safeguard Records Vendors who sell items that are subject to California sales tax are required to keep records of those sales. These records can include such […]
Being Tax Proactive VS. Tax Reactive The sales tax audit process is initiated by California’s tax agency, the Board of Equalization. But that does not mean […]
The liability of the successor or purchaser of a business or stock of goods extends to amounts incurred related to the operation of the business by […]
