Let’s
face it, undergoing a sales and use
tax audit can prove to be a very unsettling
experience. Most audits can cause a
department’s staff to spend countless
hours analyzing historical records,
obtaining clarification on old issues,
debating with auditors on interpretation
of laws and regulations. Depending on
the results of the audit the manager
is quite often left questioning themselves
or their staff.
The
reality of the matter is that most companies
do not have the personnel who have both
the expertise and the time to effectively
manage a sales and use tax audit.
At
A-SALT Group our audit services like our
other services are scalable to meet your
needs. Generally, our audit services fall
into three types of offerings:
Audit
Management – An A-SALT
Group team manages the audit from the
opening conference with the auditor through
the audit’s conclusion. We work
interactively with the auditor throughout
the audit process. This includes such
activities as meeting with the auditor
on a regular basis, providing the auditor
with appropriate documentation, addressing
the application of various rules of law
as they may apply to the client’s
business, and lastly to oversee the activity
of the auditor to ensure that the audit
is brought to a swift and satisfactory
conclusion. The A-SALT Group performs
these tasks while simultaneously keeping
the client apprised of the audit’s
status with regularly scheduled updates.
Audit
Defense –
This service typically comes into play
when the client’s audit is already
underway but the client would like the
A-SALT Group to apply its expertise to
help reduce any potential liabilities.
This is accomplished by reviewing an auditor’s
preliminary workpapers to identify items
that should not be included due to exemptions,
or discrepancies. The audit can also be
reduced by searching for additional credits
that can be used to offset any liabilities.
Audit
Support – A-SALT Group
will customize our audit service and approach
to meet the needs of our clients. We will
support our clients and their audits as
needed, from research to negotiations.
There are many aspects of an audit that
our experience and resources may be appropriate
to utilize in order to support an audit.
We are available and here to assist.
A-SALT
Group is experienced in dealing regularly
with states’ department of revenues
and their audit divisions. It truly makes
sense to have A-SALT Group on your side
as an extension of your department.
Sales
and Use Tax Audit Representation