Exceed expectations in a complex sales and use tax environment.
CPA.com and Vertex
Firm Advisor Program
Sales and Use Tax enforcement: What your clients need to know
Meeting Sales and Use Tax Demand with a Referral Strategy
How firms are driving a sales and use tax strategy that maximizes client value and minimizes firm burden
Accurate, end-to-end automated tax compliance services
Today's sales and use tax environment provides a valuable opportunity for accounting professionals. Expansion in the online economy and varying legislation from state to state is impacting many businesses throughout the country. As a result, businesses are looking to their trusted advisors for support in sales and use tax compliance, and firm leaders are increasingly evaluating this opportunity to offer, or expand their services to meet demand.
CPA.com and Vertex have partnered to help firms provide unprecedented value in this complex area through the use of end-to-end sales and use tax automation technology as part of the Firm Advisor Program.
By combining cutting-edge technology with a real-world understanding of corporate tax software and services, the Vertex solution supports clients’ needs and ensures compliance while providing firms industry-leading outsourced technology options. The complexity of keeping up with thousands of jurisdictions and rapidly changing sales tax rates is simplified — allowing you to expand your trusted advisor role — and keep your clients compliant to avoid audits and hefty penalties.
Program Service Options
As part of the Firm Advisor Program, firms have the option to provide sales and use tax outsource services or refer clients to Vertex. Read below to learn more about each option:
For firms that are providing sales and use tax compliance services, your firm will gain benefits such as:
- Automation, to save time and resources, while ensuring accuracy
- Visibility to review clients’ sales & use tax returns before submitting to the jurisdictions
- Accessibility to enhance advisory services by assisting clients with the mapping of products and services within the solution, ensuring accuracy in calculation
If your firm does not want to provide outsourced sales and use tax services, you can refer your clients directly to Vertex Cloud. Take advantage of this convenient option and you can be assured you are providing your clients:
- An advanced automated cloud solution with accurate up to date tax rates, rules and returns
- Preferred pricing that the client will only receive through the CPA firm referral option
- A dedicated account representative that will walk your client through a comprehensive evaluation of the solution including licensing options, pricing, and onboarding options
Vertex provides everything you need for sales and use tax automation to ensure compliance.
Here is what it can do for you and your clients:
Calculations and Returns in One Solution
Perform tax calculations and generate signature-ready PDF returns in one solution.
Consumer Use Tax
Calculate consumer use tax and file your consumer use tax returns.
Exemption Certificate Management
Store, update, and maintain exemption certificates.
Download rate files by state or upload addresses for your specific business needs and access tax rate files.
Returns Only Offering
Upload tax data files from any data source and generate signature-ready PDF returns. Access analytics to determine if your tax calculations are accurate.
Additionally, integration with mid-market ERPs and e-commerce platforms are available — providing enhanced capability for sales and use tax calculations specific to the native ERP, accounting system or ecommerce platform.
The Firm Advisor Program helps you provide higher value advisory services to your clients by extending your offerings into sales and use tax. The program is customizable to the needs of your firm, with the following benefits accessible to you as part of the Accountant Console:
Provides data analytics and quick navigation to commonly used functions.
Manage employee user access with defined roles.
SECURE and ACCESSIBLE
Grants access to your client data and returns 24X7 through a cloud-based solution.
Enables the ability to view and analyze information via detailed reports.
Delivers configuration, calculation and returns in a single solution to fulfill your clients' sales and use tax obligations.
CPA.com and Vertex
Firm Advisor Program
See and hear how Vertex Cloud is making an impact in today's firms
Jeremy Migliara of Elliot Davis, LLC discuss the impact of technology on his sales and use tax services and how he selected and implemented the best solution for his firm and clients.
Craig Cookle, CPA, Partner at Wipfli LLP discusses the implications of growing aggressive state regulations and the opportunity this presents for your firm. How can you help your clients?
Additional CPA.com resources to keep you more informed
The power of smart business
The accounting landscape is changing rapidly. In a word, Complexity, defines the single greatest challenge, and opportunity, facing CPAs. Firms are rethinking their strategies for practice management, client services and talent development.
CPA.com is your primary source for taking the complexity out of moving your Firm into the digital arena — enabling you to focus on growing your business with the smartest solutions in our industry.