Sales and Use Tax Audit Defense
Sales tax laws vary from state to state and interpretations of these laws can even vary from state to parish and from auditor to auditor. The implications of these variances can be extremely costly.
If your company has been picked for a state or parish sales and use tax audit, don’t panic. With focus, expertise, and a thorough action plan, RSI Energy Solutions can ease the stress and inconvenience that comes with sales and use tax audits.
Reasons vary on why you may have been selected for a sales and use tax audit. At this point, the reason is not important. What matters is getting through the audit with the least disruption to your business and not paying more in taxes than you absolutely must.
The outcome of this audit not only has financial implications, but will have a direct effect on whether or not you are audited again. Implementing corrective actions in a timely manner will limit future liabilities and could get your company off the list for future audits.
To achieve optimal sales and use tax audit outcomes, RSI Energy Solutions marshals its skilled team and resources to help mitigate tax assessments against our oil and gas clients. We provide a dedicated, professional audit defense service you can rely on.
How We Can Help
RSI Energy Solutions provides risk-free audit defense services to our oil and gas clients. Here are some of the ways we help to defend our clients.
- Provide a layer of insulation between your organization and the state.
- Monitor the state for adherence to audit procedures and compliance with the taxpayer’s bill of rights.
- Confirm the accounts selected are pertinent as they relate to your sales and use tax audit.
- Work with the state’s auditor to come up with acceptable tiers and sample populations.
- Work diligently on the audit to eliminate individual assessment items. Individual small invoices can be multiplied 200+ fold based on the sample population. Each item is important.
- Represent you in disputes before taxing jurisdictions and, if necessary, appeal your dispute to the appropriate entity before the state.
Trust us to deal with the state and lessen your tax burden, so you can remain focused on running your business.
Tax Assessment Review
We will carry out an audit review of the auditor’s findings to give you an assessment that best reflects the amount actually due. Our skilled team of audit defense specialists will work to identify mistakes made in the tax assessment to help you maximize tax savings and minimize losses from sales tax audits.
If our audit defense services are performed in conjunction with a reverse tax audit, it is not uncommon for RSI Energy Solutions to turn tax assessments into refunds.