Workflow Templates: tax compliance checklist

Review corporate tax rates and ensure accurate application

Prepare and file annual corporate tax returns

Verify all deductible expenses are accurately documented

Ensure compliance with local, state, and federal tax regulations

Monitor changes in tax laws that may affect the organization

Determine sales tax obligations in each operating state

File sales tax returns on a timely basis

Maintain records of sales transactions for audit purposes

Verify exemption certificates for tax-exempt sales

Implement systems for accurate sales tax collection and remittance

Calculate payroll taxes accurately for all employees

File payroll tax returns as per deadlines

Ensure proper withholding of federal, state, and local taxes

Reconcile payroll tax liabilities with actual payments

Stay updated on changes to payroll tax regulations

tax compliance checklist