Multistate Guide to Sales and Use Tax Audits

Multistate Guide to Sales and Use Tax Audits provides state-specific material for preparing for and handling an audit in all states that impose sales and use taxes. Readers will gain an increased understanding of why their businesses or clients were selected for audit, how their audits will proceed, what the audit staff will be looking for, and how assessments are developed. Instead of enacted tax increases, taxing agencies are quietly encouraged to mine every possible dollar from the existing tax structures. As a result, a sales and use tax audit notice generally may be regarded as the first step in a state civil action intended to extract additional funds from a specific taxpayer. Since the system is biased in its favor, the state probably will emerge richer, often by unconsciously asserting tax beyond the taxpayer's true liability. Multistate Guide to Sales and Use Tax Audits is intended to improve the taxpayer's chances of prevailing in what is often an unfairly weighted contest. It aims to assist taxpayers in proactively avoiding paying more than their legal share of taxes.