Most tax department audits produce heavily one sided results - primarily on the "you owe us" side. Auditors rarely identify overpayments of tax and if so, only to a cursory level. Reverse audits, by their nature, do not thoroughly address underpayments of tax, as their purpose is primarily to identify and recover lost dollars. These processes can be revealing, but individually, only represent part of the picture. Our Compliance Review completes the equation.
If your objective is to determine how accurately your company is conforming to sales and use tax laws and regulations, our Compliance Review will accomplish this goal. By reviewing a sample period of your accounts receivable, accounts payable, sales tax returns, and related accounting, we will provide reporting with equal emphasis on overpayments and underpayments of sales and use tax.