Get Proven Techniques to Plan, Prepare and Perform a Reverse Sales Tax Audit.
Wouldn't it be great if you were audited for sales and use tax and you got a refund? If you were audited for sales and use tax and got a refund later - it would have definitely made your day. Although, in theory, a state department of revenue auditor should identify any sales tax refund that a company is owed, it can seem like this is the exception, rather than the rule. So, why not have an audit done of your company with the goal of identifying sales tax refunds, called a reverse sales tax audit. Wouldn't you, your company, or your clients, rather be getting money back?
This webinar by expert speaker Mark A. Loyd will consider what's involved in performing a reverse sales tax audit or retaining someone to do a reverse sales tax audit.
Attending this session will help you:
Plan and prepare for a reverse sales tax audit;
Find out about techniques for performing a reverse sales tax audit; and
Position identified potential refunds to make the case that a sales tax refund is due from the state.
When a reverse sales tax audit makes sense?
Indications of possible tax overpayments.
Evidence hinting at possible tax overpayments.
Considerations in requesting a sales tax refund in a reverse audit setting.
Sales tax refunds and administrative processes related to it.
MARK A. LOYD, ESQ., is an Attorney and Partner in the Louisville, KY, office of Bingham Greenebaum Doll LLP, a business law firm with offices in Kentucky, Indiana and Ohio. He is the Chair of its Tax & Finance Practice Group. His areas of practice concentration are state, local and federal tax c...