Sales Tax Audit

Receiving notice of a tax audit can bring your business operations to a standstill. Being audited regarding your sales tax collection can be even more overwhelming, because in many cases the state of Florida will ask you to do a self audit within a set amount of time—usually 60 days. But even in the case of a self audit, you don’t have to face this sticky situation alone. Munoz & Company, CPA, is Tampa’s experienced choice for IRS and sales tax audit help, with more than 30 years in the industry. I’m a licensed CPA and sales tax consultant, and I’ll be able to guide you through filing your tax audit report with skill and care. Contact me by phone or e-mail today to book your initial consultation!

Gilbert Munoz working on a Sales Tax Audit CaseWhat leads a business to be audited by the IRS or by the state? One of the most common scenarios involves sales tax errors reported by distributors. When you’re a small business purchasing inventory from a distributor, that distributor will report their sales to you to the tax authorities. The Florida Department of Revenue may then compare the distributor’s numbers to your business’s own taxable income and sales markups. Discrepancies will lead to a sales tax audit.

Munoz & Company, CPA, has guided many companies through these tax audit proceedings. Most often, I’m contacted by convenience stores, grocery stores, and restaurants facing a sales tax audit, but I can help any business that needs my expertise. My services include:

• Helping you understand and adhere to sales audit procedures
• Gathering paperwork to back up your numbers
• Contesting the tax authorities’ findings
• Handling appeals on your behalf

Whether your tax audit report shows that you made an honest mistake or points to a deeper issue such as fraud or negligence, I’ll be by your side as you move forward. I’m familiar with the industry regulations and standards that govern sales tax in the state of Florida, and I’ve negotiated my fair share of sales audit disputes. You and your business are in good hands when you choose Munoz & Company, CPA.

Timely Tax Audit Help

Munoz & Company, CPA - Logo on WallWhen you get that sales audit notice, you don’t have any time to waste. The tax authorities expect to hear from you within 60 days. If you don’t meet their demands, they’ll send an auditor to take care of things in person—and then you’ll likely get hit with extra penalties, fees, and fines. Meanwhile, the state tax authorities can adjust your taxable income and report the change to the IRS, putting you in hot water with the federal government as well. Getting in touch with Munoz & Company, CPA, as soon as possible is your best bet for a positive outcome. When you’re being audited by the IRS or by the state of Florida, timely help is just a phone call away.

If you own a business in or around Tampa, I’ll work hard for you! Contact Munoz & Company, CPA, now to get started.