Miami – Sales Tax Audits – Affordable Attorneys, CPA’s, Former Agents – Sales Tax Experts 954-492-0088
If you are going to experience a sales tax audit contact us today for an initial tax free consultation. Let us stop the worry and the stress that comes from the situations because we’ve been handling these IRS sales tax audits since 1982.
We have over 206 years of professional tax experience and have over 60 years of working directly for the government agencies.
We are comprised of tax attorneys, tax lawyers, certified public accountants, enrolled agents and former IRS audit managers.
We have an A+ rating by the Better Business Bureau I have been practicing right here in South Florida since 1982.
Why you get a Sales Tax Audit
Why Are Taxpayers Audited for Sales Tax in Miami?
The state of Florida, Department of revenue audits taxpayers to:
- Enforce Florida tax laws uniformly.
- Deter tax evasion.
- Promote voluntary compliance.
- Educate taxpayers.
The State of Florida accepts most tax returns as filed however they audit some returns to verify accuracy and evaluate compliance.
Audits do not always result in the taxpayer owing additional tax, penalty or interest.
The auditor may adjust a credit carryover or correct distribution without assessing additional tax. The auditor may even determine that a refund is due.
How Are Taxpayers Selected for a Sales Tax Audit in Miami?
The methods for selecting a business or individual to audit vary from tax to tax. Here are some examples of sources we use to identify a potential audit candidate:
- Internal Revenue Service information.
- Information sharing programs with other states and state agencies.
- Computer-based random selection.
- Analysis of Florida tax return information.
- Business publications, periodicals, journals, and directories.
What Types of Records Will I Need to Provide for the Sales Tax Audit?
When the State notifies you of our intent to sales tax audit they will also tell you what records you will need to provide.
The types of records may include, but are not limited to:
- General ledgers and journals
- Cash receipt and disbursement journals
- Purchase and sales journals
- Sales tax exemption or resale certificates
- Florida tax returns
- Federal tax returns
- Depreciation schedules
- Property records (not limited to Miami area )
- Other documentation to verify amounts entered on tax returns
Record Keeping
You must keep your records for three years since an audit can extend back that far.
The Department may audit for periods longer than three years if you did not file, or filed a substantially incorrect return or payment.
What Are My Rights During an Sales Tax Audit?
The Florida Taxpayer’s Bill of Rights provides protection for taxpayers’ privacy and assets during their interactions with Revenue employees.
Your rights include:
- The right to fair treatment.
- The right to get available information and prompt, accurate responses to your questions.
- The right to have the Department begin and complete its audit in a timely manner after we notify you of our intent to audit.
- The right to get simple, nontechnical statements which explain the reason for audit selection and the procedures, remedies, and rights available during audit, appeals, and collection proceedings.
Communicating and Meeting Deadlines
Throughout the audit process, communication is vital.
After we send you a Notice of Intent to Audit Books and Records, the auditor will work with you to set a date to begin the audit.
The auditor will give you deadlines for providing information or documentation. If you need additional time to prepare, or need to request a delay for other reasons, contact the auditor. The auditor will make every effort to accommodate your requests.
If you fail to respond or provide the requested information, we may issue an assessment and file a warrant based on the best available information.
Can I Request Technical Assistance During the Audit?
When there are transactions or issues for which the tax consequences are questionable, you may ask for a written statement of our position any time during the audit. Our office of Technical Assistance and Dispute Resolution will issue a Technical Assistance Advisement (TAA), which is binding on the Department.
If you live in the Miami or South Florida area contact us today if you are undergoing a sales tax audit. We are comprised of attorneys, CPAs and former agents.
We are sales tax experts.
Miami – Sales Tax Audits – Affordable Attorneys, CPA’s , Former Agents – Sales Tax Experts
