Sales and Use Tax Recovery Audit
At RSI Energy Solutions, our knowledge, experience, and creative thinking have allowed us to recover tens of millions of sales and use tax dollars for our oil and gas industry clients.
Our sales and use tax recovery audit services have helped dozens of companies in the oil and gas industry take advantage of tax deductions, incentives, and exemptions, while at the same time, recovering sales and use tax overpayments.
A sales and use tax recovery audit performed by RSI Energy Solutions applies applicable sales and use tax statutes to past transactions. By doing so, we’re able to identify issues in a way that maximizes recoveries of overpaid and overcharged sales and use taxes, and minimizes future tax overpayments.
RSI Energy Solutions uses the issues identified to educate its clients and their vendors in order to reduce future tax overpayments.
Comprehensive Tax Recovery Audit Solutions
We carry out very thorough sales and use tax recovery audits utilizing both electronic and manual audit techniques. Many of our competitors only use data to perform their audits, selecting accounts of interest and then only auditing transactions in those accounts. This is a way of maximizing profits while reducing the time it takes to perform the audit. At RSI Energy Solutions, while we acknowledge the value of data in our review process, we do not consider it to be the sole solution. We strongly recommend incorporating a thorough manual review to ensure the most comprehensive sales/use tax audit. In this context, our industry expertise, curiosity, and creative thinking come into play. We believe that these qualities in combination with a meticulous manual review enable us to identify recoveries that cannot be identified through data alone. This unique approach is what sets us apart from other audit firms, allowing us to surpass them in identifying significant savings. Because our focus is on the oil and gas industry, we are aware of issues unique to the industry, which leads to creative opportunities for recoveries.
We Are Your Personal Tax Advocates
Our professionals have an outstanding reputation backed by solid sales and use tax audit experience and knowledge. We are collectively committed to deliver the highest level of sales and use tax audit recovery services possible. They leverage their curiosity, tenacity, and creative thinking as a means of maximizing value for our clients.
Your interests come first, which is why we align ours to invest in your success.
RSI Energy Solutions is on the cutting edge of framing tax policy at the state level. We have secured multiple rulings from state tax agencies on numerous occasions for our clients. We will stop at nothing to secure your refund.
Furthermore, we make it a point to work with our clients and their vendors to implement corrective measures.
As part of our recovery work, we make sure your suppliers, who are in the population of identified issues, receive the appropriate knowledge and/or documentation so they correct the issue identified.
We know your company’s sales and use tax recovery audit needs are unique. That is why we cater to our clients’ individual needs. We approach each audit as a unique opportunity and customize our work accordingly.
Let Us Show You the RSI Difference
RSI Energy Solutions provides secondary tax recovery audit services, all at no risk to you. Our personnel’s in-depth knowledge of the oil and gas industry almost always allows RSI Energy Solutions to discover additional tax savings opportunities. Often times, we actually end up recovering more than the primary audit.