We want to work with you! We would love to understand your problems, questions, and concerns. For that reason, we are offering our famous, free 30-minute consulting call where we get to know more about you and your business. Just click the link below and schedule your call.
What you need to know if you're facing an audit in New York...
Most states audit businesses for sales tax, sometimes resulting in assessments that can be a huge financial burden on the business. These sales tax assessments often go unchallenged because the business owner or in-house accounting personnel are not familiar or experienced with the sales tax laws that could reduce the sales and use tax liability of the business. As a result, many businesses are overpaying astounding sums to their State.
The panic of a Pennsylvania sales tax audit often begins by receiving that dreaded phone call from a Pennsylvania sales tax auditor. Usually, after the inquiry phone call and formal notice is issued, a Pennsylvania sales tax auditor can audit 3-4years of business activity from when a return was filed, and they could possibly go back to the inception of business if a Pennsylvania sales and use tax return was not filed. The slightest error, when multiplied over three years, can add up to a considerable amount of sales tax liability. These audits are often triggered by seemingly insignificant things like not having the correct paperwork.
Following an audit, it is imperative to have an experienced and reputable professional review and evaluate your Pennsylvania sales tax assessment. Many times, an auditor erred on the methodology for calculations, misapplied the law, or even botched a technical requirement or deadline in connection with the audit. Our team of Pennsylvania state and local tax professionals and CPAs can efficiently evaluate whether your assessment is worth fighting.
While most tax professionals are well versed in federal tax, few have sufficient state and local tax experience. It is common that CPAs only due to a handful of sales tax audits and appeals per year, but we do hundreds. In fact, our team files about a protest or appeal with a state agency every, on average, to contest a state and local tax assessment. During our consultation, we can discuss your Pennsylvania sales tax audit and determine if you should be paying that high assessment which often includes tax, penalty, and interest. This is simply what we do and we would be happy to review and discuss your sales tax case with you.
Representation for Tax Controversy Matters in Pennsylvania
Our Pennsylvania sales tax litigation consultants can help you identify your Taxpayer problems. It usually begins when they receive a notice from the state agency, which indicates that the agency intends to conduct a Pennsylvania sales tax audit on them or their business. It is often wise to contact a tax consultant to be sure you know your rights and to ensure the auditor has overstepped its bounds.
Businesses will often utilize their CPAs or, occasionally, in-house tax departments to handle Pennsylvania tax audits. Even if the audit is handled expertly by the CPA or tax department, the state agency may still take aggressive positions against the taxpayer or may simply be unreasonable. After the assessment is issued, one can protest or challenge the assessment of the agency and if this is not done, the amount you owe becomes final. At this point, you can still usually ask for a reconsideration of the assessment in the form of settlement negotiation. When settlement negotiations are not working during or after the audit, then the taxpayer has a small window of time to use the only other means of getting a just result – controversy. If a taxpayer does not file a complaint or petition within a short deadline, generally 30 to 60 days of the notice of determination, then the ability to litigate or even protest their tax debt becomes much more difficult.
Sales Tax Helper has over five decades of cumulative experience in assisting taxpayers who need to litigate their tax matters to get just results. Our firm focuses on the tough situations, the times when hard-hitting actions are needed to take a negative situation and get the very best out of it. Additionally, we work with CPAs and sales tax consultants whose clients need aggressive legal help when dealing with the Department of Revenue or other tax authorities. In fact, we have found that is not uncommon for the start of the controversy process to be the most effective settlement tactic the taxpayer has.
The right professionals can point out opportunities for tax savings, reduce future audit exposure and get back sales tax you shouldn’t have paid.
As a business owner, planning can be critical in the management of state and local taxes. Failure to diligently manage, comply, and plan for state taxes can result in harsh back taxes out of your pocket along with penalties and interest.
Business transactions, whether routine (e.g. a standard sale to a customer) or infrequent (e.g. purchasing new business facilities) can be structured to save a significant amount of taxes. All it takes is taking the time to plan ahead with the right professionals on your team.
Specific business transactions can also be riddled with tax minefields or present tax savings opportunities. Most states have specific rules for purchases of aircraft, art, and motor vehicles. Proper structuring can result in huge state and local tax savings. Many states also have broad manufacturing-related exemptions.
If your business has made large purchases of machines, or repairs of those machines it is important to avoid state and local taxes or seek refunds for taxes paid. As sales tax is often an afterthought, it is often wise to have a sales tax professional on your team before the transaction happens.
A sales and use tax professional from Pennsylvania Sales Tax Helper can consult with you on correct tax procedures to make sure you pay as little sales tax as possible and recoup sales tax you should not have paid. Further, our firm can also help you in the calculation and record keeping your taxes but can also assist you in legally reducing your tax liability. Your company goals are important, and, with our services, we strive to help you meet them in the most tax-effective method possible. Please realize that by taking the necessary steps to ensure you have a sound tax planning strategy and proper execution.
We are the Following: