Audit Representation
Sales & use tax audits can be very disruptive to a business. Colorado Sales Tax Services, P.C. can represent you at state and city sales & use tax audits and help you minimize disruptions to your business. This is achieved by:
- Acting as a single point of contact with the auditor
- Ensuring that the audit is carried out fairly and accurately
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Reviewing records for potential sales/use tax refund opportunities
An audit representation engagement typically progresses as follows:
- Review business records to estimate potential assessment/refund
- Opening meeting with the auditor
- Prepare documents requested by the auditor
- Review audit workpapers and respond to preliminary audit findings
- Closing meeting with the auditor
- Request penalty abatement (if applicable)
- Provide recommendations to reduce the risk of future sales/use tax assessments
Price: Flat fee starting at $3,000 for Colorado state audits and $2,000 for Colorado home rule city audits. The full fee is due at the start of the engagement.
An additional fee (starting at $300/hour) will be required for:
- Disorganized documentation
- Disorganized accounting system
- Complex audit findings requiring lengthy review
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Physical presence at business location(s)
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Any other tasks not included in a standard audit representation engagement
Price is adjusted according to the size and complexity of the business.
Send a message if you have a question or visit the booking page to schedule a free initial consultation.
