What Happens If/When I am Audited for Sales Tax? episode artwork

EPISODE · Nov 5, 2018 · 21 MIN

What Happens If/When I am Audited for Sales Tax?

from The SALTcast · host Andrew H. Johnson, CPA and Daniel M. Peisner, CMI

Andy and Dan discuss how to prepare for a sales tax audit when you get a letter from the state informing you that you are now under audit. Today the discussion will help you understand what the major pitfalls are and how to minimize your assessment. Also, we’ll teach you how to prepare for your next audit.Here are some of the questions that we answer in this podcast:What are auditors looking for during a sales tax audit?Can I handle a sales tax audit even if I have never done it by myself before?What happens if I am missing documents that the auditor has asked for?What does a sales tax auditor usually ask for?What are exemption certificates?Where do I get exemption certificates?What are some reasons exemption certificates are rejected?What kind of audit period do auditors look at typically?Can I try and fight sales tax audits?Can I gather exempt certificates during an audit?What is an XYZ letter?Would you like our FREE Guide to Managing Your Sales Tax Audit? You can find it hereCheck out our Youtube video of this podcast

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Andy and Dan discuss how to prepare for a sales tax audit when you get a letter from the state informing you that you are now under audit. Today the discussion will help you understand what the major pitfalls are and how to minimize your assessment. Also, we’ll teach you how to prepare for your next audit. Here are some of the questions that we answer in this podcast: What are auditors looking for during a sales tax audit?Can I handle a sales tax audit even if I have never done it by myself b...

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What Happens If/When I am Audited for Sales Tax?

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