In hockey, the penalty box is a location where players sit to serve time for a given penalty. Penalties are commonly given to a player who violates a rule of the game. Sometimes this violation is intentional, and sometimes it’s just human error, plain and simple. This is no different than in sales tax.
Read MoreThe NHL's Arizona Coyotes said it has paid $1.3 million in delinquent sales taxes to Arizona after the Department of Revenue filed a public lien against the team. How did this happen? The Coyotes say that they were filing returns each month as required and inadvertently did not hit the "remit" button. They say this was not a deliberate mistake and they are taking steps to make sure it never happens again... So the questions for the rest of us? How do mistakes like this happen? How do we avoid mistakes like this? In September we spoke at the Institute For Professionals in Taxation sales tax conference on choosing a reliable sales tax partner. How do you find a reliable sales tax partner?
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