How well is your company managing its sales and use tax risks?
Even as state revenues continue to rise, state tax authorities are still seeking new revenue opportunities and conducting more audits. Assessments and penalties are skyrocketing. Sales and use tax liabilities can be substantial. For some companies, a failure to implement and apply proper sales and use tax practices may represent a significant deficiency, or even a material weakness, in internal control over financial reporting.
Simply stated, we stand for quality, integrity and excellent client service. We can help your company in its effort to achieve compliance, cut costs, mitigate risks and effectively address sales and use tax exposure. We have nearly 200 tax professionals specializing in sales and use tax services. We offer practical approaches based on in-depth knowledge of each state’s tax laws, how these laws apply to companies in different industries and locales, and the positive and mutually respectful relationships we have developed with tax authorities. Our professionals represent a different mix of accounting, legal, industry and state government backgrounds. Others have been highranking officials and auditors in state tax agencies. With this experience, we help clients in assessing exposure and risk and exploring approaches with the goal of creating comprehensive value.
As used in this document, “Deloitte” means Deloitte LLP [and its subsidiaries]. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.