The process of use tax accrual preparation is very time-consuming, requires unique knowledge and contributes very little to the bottom line. With Colonial, professionals specializing in sales and use tax will handle your data calculations in the most efficient manner available. Lexington is an innovative tool for Direct Pay Permit (DPP) holders created to increase the accuracy and effectiveness of your tax department's use tax accrual process. Simply stated, you send us your monthly "Accounts Payable Data"*, we isolate the data against our taxability matrix system, address any questionable items and then provide you with a detailed report for your DPP tax returns. Lexington allows your tax department to redirect its time towards revenue producing core business activities. |
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