Due to the complex nature of the industry, each individual construction transaction may be subject to a different tax implication. SureTax® helps construction companies simplify sales tax calculation, stay compliant, and build an effective audit defense.
Expand your business with peace of mind
Sales and use taxes are usually imposed on the ultimate consumer — the person that buys and uses the item. When it comes to construction, however, it can be challenging to determine who that ultimate consumer is for each of the many transactions involved.
As a tax manager at a construction business, it’s critical to understand the tax consequences of all types of construction transactions to avoid or reduce penalties, interest, and assessments in the future. Except for the simplest of businesses, determining the correct amount of sales and use tax for a construction business is not a “do‑it‑yourself” project. Keeping appropriate records is crucial when a sales tax auditor comes knocking. The auditor needs your records to help understand your business and to see proof that you have complied with the law.
CCH SureTax has you covered every step of the way. The end-to-end sales and use tax automation platform is the dependable, configurable, and scalable solution to meet your specific business needs. While more and more construction businesses face a sales tax audit, you will be prepared with a proper audit defense. With CCH SureTax taking care of your sales and use tax matters, you can grow your business with confidence.
Make CCH® SureTax® Your Solution!
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Stay on top of ever-changing rates and rules
There are more than 100,000 changes to sales tax rules and rates every year. To stay compliant, you would need to keep track of and apply each rule correctly to every transaction you have an obligation for. Not anymore! With an up-to-date database and instant calculation, CCH SureTax will do it for you.
Mitigate non-compliance risk with the sales tax expert
Traditionally, the construction industry faces higher audit risk due to its complexity. Your business has to be sure you are correct on taxes to mitigate that. CCH SureTax is an end-to-end sales tax automation software proven to be an effective solution for complex, high audit risk industries due to its functionality, expertise, and support.
Offload the burden of returns preparation and filing
Keeping track of all changes and collecting tax correctly is a part of the deal to stay compliant. The other part is when you have a sales tax obligation, and you have to remit collected taxes. CCH SureTax offers the most competitive return preparation software and outsourcing services to help you timely prepare and file returns.
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Rates and Rule
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Calculation
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Integration
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Exemption Certificate Manager (ECM)
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Reporting
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Returns
Rates and Rule
There are more than 24,000 tax jurisdictions you may need to remit taxes to, and they issue more than 100,000 changes every year. In order to keep you in compliance and avoid costly fines and penalties, you must have a dynamic database of rules and rates that you can trust to be kept fully up to date. With CCH SureTax, you will use the same comprehensive tax rules and rates database as the IRS has been using for nearly 10 years. The only difference, besides the data, you will also receive a complete automated solution for all your indirect tax needs. Our experience and expertise combined with the most reliable tax data at your fingertips will give you peace of mind.
Calculation
Integrated with your ERP, CCH SureTax assures calculation accuracy by centralizing tax determination across all transactional billing systems. When you make a sale, it calculates the tax required to be collected in milliseconds. In that time, the calculation considers numerous factors relevant to the sale; from the product and industry specifics, to sale location, down to specific building numbers to validate the tax jurisdiction. All of this is automated, recorded, and produced in the time it takes for your customers to run their payment.
Additionally, CCH SureTax allows you to identify nexus achievement in a timely manner and have all transaction details logged in one place for future analysis and reference.
Additionally, CCH SureTax allows you to identify nexus achievement in a timely manner and have all transaction details logged in one place for future analysis and reference.
Integration
Out-of-the-box, CCH SureTax provides application programming interfaces (APIs) that will connect Calculation® to the most popular ERPs and other order processing platforms.
Once connected, your ERP and CCH SureTax seamlessly exchange information to identify rates and accurately calculate the right amount of tax to be collected. No “swivel-chair” copying of tax data from one system to another, no delays in processing transactions, and best of all — no operator errors!
We partner with Microsoft Dynamics®, D365®, NetSuite®, SAP®, Magento®, Salesforce Commerce Cloud®, Acumatica®, and third-party vendors that produce connectors for custom systems. Contact us to learn how CCH SureTax can integrate with your system.
Once connected, your ERP and CCH SureTax seamlessly exchange information to identify rates and accurately calculate the right amount of tax to be collected. No “swivel-chair” copying of tax data from one system to another, no delays in processing transactions, and best of all — no operator errors!
We partner with Microsoft Dynamics®, D365®, NetSuite®, SAP®, Magento®, Salesforce Commerce Cloud®, Acumatica®, and third-party vendors that produce connectors for custom systems. Contact us to learn how CCH SureTax can integrate with your system.
Exemption Certificate Manager (ECM)
It is likely that some of your customers will be purchasing from you for subsequent resale or for some other use that is considered tax-exempt. For those customers, you must have their tax exemption certificate on file and apply it to each qualifying transaction. Proper exempt certificate management can save your business from penalties and fees associated with customers' tax exemptions. CCH SureTax has ECM solutions for various needs — from basic certificate management to advanced solution that supports high certificates volume. Contact us today to learn more.
Reporting
Accurate reporting is vital to the success and organization of a company. CCH® SureTax® Views module, the most advanced reporting tool in class, not only gives you functional and streamlined reporting but also allows you to customize reports to match whatever your needs may be. The interactive reports help to ensure returns accuracy and let you analyze sales and taxes on a more granular level than the reporting capabilities that your ERP may provide. For instance, with CCH SureTax, you can analyze exempt sales by reason or your revenue by product.
Returns
Convert your time-consuming return preparation and filing routine into a streamlined process with CCH® SureTax® Returns®. Tax data flows from the calculation engine to returns directly, and there is no need, yet possible, to manually import or consolidate data from multiple sources. Return forms are up-to-date and interactive: the fields will automatically recalculate values if one is edited. You can also save even more time by using our Managed services that will provide you with the file-ready returns.
Managed Services
Shift your company’s labor-intensive sales and use tax filing burden to the experts from CCH® SureTax® Managed Services®. Outsource your tax returns preparation and filing to the industry’s most highly respected tax company. Let us be an extension of your corporate tax or accounting department.
Professional Services
Improve your indirect tax workflow and ensure you are achieving the highest possible levels of compliance with CCH® SureTax® Professional Services® which include system configuration, evaluations and tax-related process assessments, recommendations, SKU mapping, custom taxability research, and nexus study.