Sales Tax and Unclaimed Property

Escheatment Prevention/Abandoned Property Recovery

We review transactions that allow the outstanding payment to be voided, preventing erroneous escheatment. Our work reduces your escheatment liability in accordance with state regulations. We also review prior escheatment returns for items erroneously escheated, and contact the state for a refund.

Tax Credit

We contact state revenue departments to inquire about possible overpayments that include the areas of income tax, withholding tax, sales tax and workmen’s compensation. We verify with each state whether the old open credits are related to anything current before we bring these amounts to the attention of our clients.

Sales and Use Tax Recovery

We analyze transactions to ensure our clients are not paying sales and use tax erroneously. Sales and Use Tax regulations change constantly and are sometimes hard to interpret. Vendors are not always aware of our client’s sales tax liabilities.

VAT Recovery

Many of our clients have operations in other countries and have the same concerns with foreign taxation as they do with U.S. sales/use tax. We review all documentation to verify that correct and valid GST/PST/HST/QST has been charged by the vendors. We also review our client’s ability to claim all valid credits and refunds (ITC/ITR) available to them.

Client Access

Try A Second Audit

Because of different audit techniques and various audit approaches our competitors employ, we have had success performing secondary audits. We will come in after your primary audit, and use our proprietary technology and three-pronged audit program to identify overpayments that were missed. The results can be surprising. In some cases, we find more money than the primary audit.