Sales and Use Tax Audit Defense Services
Navigating a sales and use tax audit requires a solid understanding of your industry’s tax obligations and your company’s approach to sales and use taxes. Are you accurately documenting taxable and non-taxable sales? Are you self-assessing use tax when necessary? These are critical areas to address before an audit begins.
Boulay offers flexible, expert support for your sales and use tax audit, whether managing the entire process or just assisting in specific areas. From hosting audit fieldwork at our office to preparing appeal letters, we’re here to help.
Our Services
- Audit preparation and strategy: We guide you through the audit process and ensure your documentation is audit-ready.
- Sampling oversight: We help establish reasonable sample pools to avoid errors that can lead to inflated projections.
- Post-fieldwork defense: If needed, we assist with research, consultations, meetings, or appeals after receiving a Preliminary Assessment report.
Key Areas of Focus
- Audit Period & Statute of Limitations: We verify that the audit period falls within the statute of limitations and advise on signing waivers that may extend this period.
- Sampling: Poor sampling can result in inaccurate projections. We help ensure that reasonable sample groupings are used, so error rates aren’t applied too broadly.
- Purchases: Fixed asset purchases and credit card statements often face intense scrutiny. We’ll ensure all documentation is properly prepared and reviewed.
Best Practices
- Simplify the process: Keep documentation organized and labeled to make it easy for auditors to trace information back to your reports.
- Communicate clearly: Designate one point of contact to manage auditor questions and interactions, keeping communication streamlined and professional.
- Provide only the requested information: Additionally, let your auditor know you want to make copies for them (you want to know what they have on file, so don’t provide auditors access to your copier), and don’t allow auditors to remove original documents from your property.
Post-Audit Assistance
After fieldwork, if your Preliminary Assessment report reveals errors or issues, we step in to defend findings, providing guidance on next steps, consultations, and, if necessary, preparing for appeals.
Tax Partners
Get Connected
Need help preparing for or managing a sales and use tax audit? Let us simplify your audit process and protect your business from unnecessary tax liabilities. Connect with us today to schedule a consultation.