State of Florida Sales Tax Audit
We are a team of tax professionals who can represent your best interest during a state of Florida tax audit and save you money.
We are the Affordable professional tax firm.
Our firm is comprised of tax attorneys, certified public accountants, enrolled agents, former IRS agents and most importantly former sales tax auditor.
The firm has over 206 years of professional tax experience in over 76 years of working directly for the Internal Revenue Service and the state of Florida Department of revenue, Sales Tax Division.
You can call us today for a free initial tax consultation.
We have been in private practice since 1982 and we are A+ rated by the Better Business Bureau.
Why Are Taxpayers Audited by the State of Florida, Department of Revenue.
The State of Florida audit taxpayers to:
- Enforce Florida tax laws uniformly.
- Deter tax evasion.
- Promote voluntary compliance.
- Educate taxpayers.
While the State accepts most tax returns as filed, we 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 Audit?
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.
- Many times individuals and businesses and corporations are turned in by third parties or ex-employees.
What Types of Records Will I 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
- Any other records that the sales tax auditor may want or discovered during the course of the sales tax audit.
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.
State of Florida Tax Audit – Attorneys, CPA’s, Former Agents – 1-866-700-1040 – Sales Tax Experts
