Refund Reviews

Our Tax Experts Can Help You Recover Previously Paid State Taxes

State taxes represent a significant expense to most companies but the inadvertent overpayment of sales and use taxes can compound the problem. This can happen even in the face of active planning and implementation of income tax strategies.

In many cases, companies overlook significant refund opportunities due to ever-changing tax laws and turnover within their own tax staff. And it should be no surprise that government auditors fail to disclose these same overpayments of tax during their tax examination.

There’s no better time to undergo a sales and use tax checkup than now.

This is especially true if you’re confronted with an expiring statute of limitations. If you delay, sales and use tax monies will remain permanently with the respective state government.

Consider the following:

Significant refund dollars may exist but could be lost to expiring tax statutes
Refund opportunities can generate financial statement income and create positive cash flow
Positive results of our audit are not merely limited to the current year but can impact past and future years as well
Our procedures create very little disruption to your staff

We invite you to connect with us to discuss your company’s state and local tax picture, and how we can help.

Our Refund Analysis Process

Review previously filed returns and state audit tax results
Determine tax requirements and degree of compliance
Review company policies and procedures
Review past year audit history
Review history of sales and use tax paid to vendors
Review self-assessed use tax procedures
Analyze these steps to structure an action plan
Prepare claims for refund, including follow-up procedures to expedite claims processing