Sales & Use Tax

Do you pay sales tax?

If so, then you are a good candidate for a sales tax refund review. We will help you pay only what you should. While taxing authorities allow for exemptions for many purchases related to manufacturing activities, the maze of laws and the day-to-day challenges in paying suppliers often results in companies significantly overpaying sales tax.

Our refund review is focused on recovering sales and use tax overpayments and most importantly, helping you improve future compliance. We can perform a comprehensive review and analysis of your company’s sales and use tax transactions and processes. We determine, through our review process, whether or not you have paid more than your fair share. During this review we identify exempt transactions where tax may have been inadvertently overpaid.

We work with you to implement policies and procedures on a go-forward basis, and look for sales and use tax planning ideas that lead to an increase in cash flow and reduction of operational costs.

Identify Overpayments, Obtain Refunds

We perform all the fieldwork to recover sales tax overpayments. We review your accounts payable, review your manufacturing processes, and verify business activities to identify all purchases that qualify for a sales tax exemption and refund. We prepare all refund related documents filed with suppliers or tax authorities. We monitor the progress of refunds and minimize the impact of a refund review on your operations. We also provide comprehensive, easy-to-understand refund project reports outlining our findings and recommendations.

Improving the Future

Our professionals help inform your staff on sales and use tax issues in the areas that are most important to your business. They will help you learn from the sales and use tax refund review by showing you exemptions missed and answering questions important to your business.

No Results? No Cost!

Because our Refund Reviews are done on a contingent basis, there is no cost to you unless we identify overpayments.

Who Should Do a Review?

Manufacturing and high tech/growth industries;
Companies who purchase large amounts of property for their own use in manufacturing, shipping, hospitality & service enterprises;
Any company previously audited or currently slated to undergo a sales/use tax audit.

When To Do a Review?

Anytime, but especially upon notice of impending audit or when cash flow is restricted.

Although specific manufacturing exemptions significantly vary by state, common exemptions include:

Manufacturing equipment;
Manufacturing related purchases (repair parts, tools, molds, dies);
Ingredients and components (raw materials, catalysts, cleaners, fuel);
Packaging materials.

Factors That Contribute to Overpayment of Sales Tax

Rapid increase in spending and business activities;
Addition of new manufacturing facilities;
Turnover in personnel;
Operating in new states;
Changes in suppliers;
Changes in sales tax laws;
Difficulty identifying all manufacturing activities and purchases allowed within the definition of an exemption.

Sales and Use Tax Consulting Services

Our sales and use tax professionals stay current with the constantly changing state and local sales tax regulations. Using this knowledge, we provide quality, value-added state and local sales tax consulting services to meet your needs. We customize our services to meet the needs of your business and offer a variety of sales and use tax consulting services.

Refund reviews;
Audit representation and defense;
Self-managed/internal audits/reviews;
Training;
Tax guides and manuals;
Nexus studies;
Dispute/notice resolution;
Letter rulings;
Tax planning;
Exemption certificate management;
Process improvements;
Sampling analysis and evaluations;
Predominate use studies for utilities.

For more information, click the button below or call our offices at 888 706 4646 x 307