Do you own a business that collects sales tax? If those numbers are off for any reason, you might soon have your company subjected to a sales tax audit. Luckily, Munoz & Company, CPA, is standing by to guide your Orlando-area business through the sales audit proceedings. In most cases, the state of Florida will ask businesses to do a self audit—meaning you’ll have 60 days from receipt of the audit notice to check your facts and figures and send in any requested paperwork. If you fail to comply by the deadline, the tax authorities will send an auditor to do the job for you, and you may get hit with extra penalties and fees. Munoz & Company, CPA, can minimize your hassle and frustration. Call today to speak with a sales tax consultant about your situation!
Sales tax discrepancies can happen to any business that sells tangible products. One common scenario: when you purchase items from a distributor, the distributor will file that information with the state revenue department. The state can then compare the distributor’s report with your own taxable income and markup prices. If things don’t match up, you’ll get a sales tax audit notification. And this isn’t just a state tax matter: the state of Florida can adjust your business’s taxable income and report that change to the IRS, leading to federal tax issues as well.
But I’ve got you covered. Munoz & Company, CPA, has guided the following types of business entities through sales audit proceedings:
- Grocery stores
- Convenience stores
- Restaurants
- And more!
I’m familiar with the industry standards and regulations that can impact mom-and-pop businesses and lead to tax troubles. Whether your tax audit report reveals a simple calculation error or you’re coming to Munoz & Company, CPA, because of fraud or negligence, there’s a sales tax consultant on staff with the knowledge and skill to make a difference. I won’t just help you gather the necessary paperwork to support your claims. I can also contest audit findings and handle appeals on your behalf. I’m committed to helping my clients leave their tax problems behind once and for all.
40 Years Offering Tax Audit Help
When you’re faced with a tax audit, you need experienced pros by your side. I have more than 40 years of experience providing all types of IRS and sales tax audit help. I’ve aided businesses just like yours in making sense of sales audit procedures and coming through the process with minimal stress and fallout. Give me a call at the first sign of trouble and look forward to getting the expert sales tax audit assistance you need, when you need it.
You’ll only have 60 days to file your sales tax audit report with the state tax authorities, so if your business is based in the Orlando area, don’t delay in reaching out to Munoz & Company, CPA! I’m standing by to step in.
