- Reduce state, local and sales/use taxes paid in error
- Recoup overpayments already made
- Establish system to avoid future overpayments
Who’s most likely to benefit:
- A wide variety of organizations including manufacturers, utilities, processors, and companies with business units, warehouses or staff in multiple states
States looking for additional revenue are stepping up audits and enforcement, even as federal, state, local and sales tax regulations become more complex and harder to understand. Many companies, trying to stay in compliance, unknowingly overpay and increase their tax burden unnecessarily.
In a reverse review, AGH’s tax professionals review prior returns and supporting documentation, including reviewing related transactions for refund potential. If overpayments are located, AGH’s team prepares a report outlining the available exemptions and the exceptions that were discovered, provides documentation, helps you apply for refunds and tracks the refund process through completion – including defending a claim if it is rejected.
In addition to seeking applicable refunds, AGH’s team also provides education on applicable tax code, and helps establish internal processes and training to track and pay appropriate taxes.
Useful Resources for You
Nevada Adds New Tax
Are you doing business in Nevada?
Nevada enacted a new annual non-income-based gross receipts commerce tax for the period July 1 - June 30 which affects every business entity engaged in business in the state.
Click to read the full alert.