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Even if you’ve been diligent in your tax practices, the audit process often reveals areas of concern that lead to additional taxes owed.
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This notice marks the beginning of the audit process, identifying the audit period and the taxes under review.
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Bank Statements & Federal Income Tax Returns: If the auditor finds discrepancies between your bank deposits and reported sales, they may estimate unreported taxable sales.
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Isn’t it worth consulting with a tax professional who specializes in Florida sales tax audits, protests, and litigation to navigate this challenging process?
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Dealing with a Florida sales tax audit is no small task, and the potential for large assessments is significant.
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If your business has received notification of a sales and use tax audit from the Florida Department of Revenue (DOR), it’s crucial to understand the audit process and what to expect.
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