Refund & Exposure Review

Overpaying Sales Tax?

Yes, it’s a problem! Even if you have a highly trained, expert sales tax staff, you could be overpaying sales tax. In today’s economy every dollar counts and these overpayments are money that could be used to create budgets for other projects, hire additional people or any other way you deem appropriate. These overpayments are usually recoverable. Also, by finding an area where your company has been historically overpaying tax, you gain the added savings of stopping future overpayments.

We Can Help

Since 1992 our deep understanding of state tax issues has enabled us to recover hundreds of millions of dollars through a process called a Refund Review or Reverse Audit. Over the last 20 years we have developed a streamlined process that allows us to review your records for overpayments and double payments as well as unused credits and exemptions. Once we identify these refunds we work to get the money back to you. We also show you what we have done so you can implement the necessary changes in your system for future years. Best of all we perform these services on a contingency basis; which simply means we don’t get paid unless and until you do.

Exposure Review

Every year state tax auditors assess hundreds of millions of dollars to unsuspecting businesses. If hoping for the best isn’t good enough for you, then you may want to consider a preemptive strike. As part of every refund review, we perform a 16-point checkup. We look for areas of exposure that you may not be aware of. We also look for ways that you may be able to improve efficiencies. Here is a sample of some of the points we cover.

  • Taxability of items sold
  • Accuracy of tax rates charged
  • Validity of resale/exemption certificates
  • Potential nexus exposure.
  • Use tax accruals
  • Overall compliance

This checkup is performed as part of our normal refund review. There is no additional charge. Once we have concluded our 16 Point Checkup, we present you with our preliminary findings and recommendations. You then decide what, if anything, to move forward.

I Don’t Have Overpayments or Exposure

Almost every one of our Clients had this same thought. While some of them were correct, the majority of them have found out they have one or the other or both. This Refund Review with the 16 Point Checklist is a great way to find out where you fall. Since it is done on a contingency basis you have no risk. If we don’t find anything then you get the peace of mind that another set of eyes has confirmed you are running a tight operation at no cost. If we find exposure then you have advance warning to correct it. The worst time to find out you have exposure is from the state auditor. If we find overpayments then congratulations!