Sales Tax Audits Help – Affordable Florida Sales Tax Experts, Attorneys, CPAs, Former Agents – State of Florida Sales Tax
If you live anywhere in the state of Florida and need a professional tax firm to represent your best interest and save you money because of our expertise during a sales tax audit call us today for a free initial consultation and we can stop the worry and anxiety of the situation.
We have had handled hundreds and hundreds of these Sales Tax Audits matters and are true sales tax experts. We can help you for the entire process including appeals if necessary.
We can handle sales tax audits and help you for any sales tax situation in any city or county in the state of Florida.
More Tax Audits Coming State of Florida
You can expect a Department of revenue in the state of Florida to conduct many more sales tax audits due to its shortfall in revenue in the high volume of businesses and individuals not paying sales tax.
There is an estimate of one fourth of businesses currently falling in the tax gap and not staying current, or being delinquent, or closing shop and taking off without paying sales tax. We are seeing a higher volume of criminal prosecutions due to the sales tax issues.
We are finding that the state of Florida in the Department of revenue is trying to conduct the sales tax audits in real time.
Real time specifically means they want to deal with those not paying their sales tax in the same year the deficiencies are being unpaid.
As a general rule takes the state anywhere from 2 to 3 years to catch up on most corporations, businesses or individuals who absconded or not filed sales tax reports with the state of Florida.
Contact us today and we can give you a free tax consultation and review and let you know where you may stand with the sales tax audit with the Department of Florida State of Florida.
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 from the State of Florida, Department of Revenue
Why Are Taxpayers Audited for Sales Tax in the State of Florida.
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.
Sales Tax 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 the state of Florida?
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 in Florida?
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 Florida area )
Record Keeping required for the State of Florida
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.
In the State of Florida, 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.
Very Important to Sales Tax Audit, Florida 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 usually 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.
If you live in the state of Florida contact us today if you are undergoing a sales tax audit. We are comprised of attorneys, CPAs and former agents. We handle sales tax audits in every county and city in the state of Florida.
We have been practicing sales-tax representation since 1982 in are A+ rated by the Better Business Bureau.
We believe in fair and honest pricing to all our clients.
