Protect your company from overpayment of taxes, penalties, and interest by ensuring compliance with tax laws and challenging incorrect assessments.
Sales and use tax audit defense aims to protect your company from overpayment of taxes, penalties, and interest by ensuring compliance with tax laws and challenging incorrect assessments. Engaging tax professionals experienced in sales and use tax helps to navigate these audits effectively.Â
If you are under sales tax audit, our Audit Management services help mitigate the audit’s impact on your business. Â
We handle communication with state representatives, review product or service taxability, recover overpayments, and maximize exemptions. This is beneficial for businesses facing complex or large-scale audits in multiple jurisdictions.Â
We prepare your business for an audit by reviewing tax records, transactions, and compliance with tax laws, ensuring that all necessary documentation is organized and ready for review by tax authorities.Â
During the audit process, we act as your representative, interacting with tax authorities on your behalf, handling communications, meetings, and requests for information, ensuring that your rights are protected and that the audit proceeds smoothly.Â
We will analyze audit findings and defend your position against any discrepancies or assessments made by the tax authorities. We challenge incorrect assessments and provide explanations or additional documentation to support your case.Â
We negotiate with tax authorities to reach a favorable resolution for any issues identified during the audit. This may involve reducing penalties, adjusting tax liabilities, or addressing compliance concerns. This can also involve a sales and use tax refund review, where we look to identify sales and use tax overpayments that can be used to offset any liability identified.Â
After the audit is completed, we help your business implement any recommended changes to ensure ongoing compliance with tax laws and regulations.Â
Various factors like discrepancies in returns, high sales volume, or changes in business activities. From to time-to-time tax jurisdictions focus on specific industries due to rates of non-compliance in the industry and ambiguity in the tax laws.
Depends on complexity but can range from weeks to months.
Sales records, invoices, purchase orders, exemption certificates, and sales & use tax returns supporting schedules and documentation.
Our sales tax experts combine decades of in-the-field experience to ensure 100% client satisfaction. We’re ready to solve your sales tax challenges with the professional, personalized, and attentive service you expect from a boutique firm.
Contact us today for your complimentary 30-minute consultation where you’ll receivable actionable steps you can implement immediately. Let us be your trusted audit partner.
