State promulgated business tax regulations are notoriously confusing and inconsistent.
RSI takes on the burden of navigating these extensive and ever-changing systems to identify and recover excise/sales/use taxes.
Our comprehensive state excise tax recovery services are customarily included as part of the RSI recovery audits but can also be customized to your specific needs. These services involve the identification and recovery of overpaid sales and use taxes on goods or services that are exempt from sales/use tax or non-taxable. These overpayments arise from taxes paid to vendors or taxes that are accrued and paid directly to the state. Either way, RSI identifies the overpayments and assembles all documentation necessary to secure the refunds including securing any necessary tax rulings to substantiate the refund. The collection methodology of overpaid taxes depends on several variables including pertinent state refund procedures, client preference and whether a state audit is already underway. The entire process is usually accomplished without any interruption to your personnel or business operations.
Audit Defense
RSI routinely provides audit defense services for clients under sales/use tax audits by taxing jurisdictions. We have nationwide tax expertise and our experience in audit defense goes well beyond using obvious exemptions allowed by each state to obtain credits. Our services consist of maximizing savings on non-taxable goods or services, tax exemptions and identifying incorrect rates and taxing jurisdictions. Additionally, we seek to procure additional exemption opportunities.
We have successfully turned multi-million dollar tax assessments against our clients into refunds.
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