In this current economic climate, states are ramping up efforts to generate additional tax revenue, whether by offering tax amnesty programs, via legislative initiatives, or more recently, by increasing compliance efforts. These compliance efforts have resulted in more audits for many companies and organizations. Often, sales and use tax does not become a concern until a company receives a large, unexpected assessment. At this stage, the company is in a much weaker position to reduce any assessments issued. Therefore, it is imperative to formulate a strategy that meets these challenges.
Michael James's experienced tax professionals will work with your organization to formulate a plan that will alleviate your sales and use tax burdens while maintaining your overall business objectives.