Importance of Tax Compliance Strategies

Now More Than Ever... As State Revenue Departments Grow Hungrier, Tax Compliance Strategies Gain Importance.

These days, the risks of overlooking tax liabilities have never been higher, and the benefits are quite compelling for companies that can prove compliance. Furthermore, with states across the nation facing serious budget deficits, state revenue departments are becoming more aggressive in seeking out companies that are neglecting their tax obligations.

What if there was a tool that could help you obtain credit at reduced rates, secure higher prices on portfolio sales, give you access to new lenders or make your company more valuable to prospective buyers?

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This article, by Shari L. Lipski, Principal at ECS (View Shari's CV), first appeared in the April 2005 issue of the Monitor, Vol. 32, No. 4.