STATE AND LOCAL TAX CONSULTING
Texas is, like many other states, revenue hungry and it is getting more and more aggressive.
State and Local tax compliance should be a very important component of any TAX PLAN, however it is frequently missed.
Penalties are pretty SEVERE and officers are AGGRESSIVE, and there is personal liability for owners who have been involved in the day to day operations.
Furthermore, most CPAs lack the necessary knowledge and experience when it comes to their home state' sales and use tax compliance requirements.
The Texas Legislature has passed many laws which have resulted in many complicated rules. These rules are different for every industry and for every type of service provided. And consider how many businesses, nowadays, are having to create strategies that combine products and/or services offerings to enhance profitability. These strategies are likely to have a significant impact, but often compliance is overlooked. Compliance must be tailored to your particular situation.
We help new business owners by TAILORING their TAX COMPLIANCE to fit THEIR SPECIFIC situation. Many details could be missed, your don’t want to overpay or underpay your taxes. If your CPA is not an expert on Texas State and Local Tax, your CPA cannot offer you adequate guidance. Trusting the wrong person, in the end, can cost you greatly.
ANY BUSINESS - COMPLIANCE CHECK:
If you are concerned regarding your Texas State and Local Tax compliance, or if you are already aware of an error, we can help.
First, we will determine if there is any the potential liability, and if you have a problem you did not know you had, then we will help you work out a deal with the Texas Comptroller to limit the Comptroller’s ability to look back at your records, usually for three years. Sometimes this is not necessary, however we will help you develop a strategy that will resolve your situation, save you money, and protect you.
ANY BUSINESS - AUDIT
We also are available to help any business under audit. Please select Audit Defense Services under our Menu Options.
BEWARE! Calling the Comptroller may lead to an AUDIT. Texas Comptroller Employees provide assistance and evaluate your business and the nature of your question to determine if an audit is warranted.
Tax refunds are AVAILABLE to any taxpayer who has overpaid taxes, and unfortunately, most taxpayers do not have the knowledge to determine if an overpayment of tax has taken place.
The Legislature of the State of Texas has generously granted exemptions to certain industries and business types. Some incentives are time sensitive and are about to expire.
We will evaluate your situation and determine if you have paid too much tax, and if you have, we will assist you in getting your money back.
The following businesses are encouraged to contact us:
- Retailers and Wholesalers
- Real Property Services Providers
- Restaurants & Bars
- Cable & Telecommunication Service Providers
OTHER TAX SERVICES
Every type of Texas tax offers a different set of challenges and a particular set of refund opportunities.
Let us serve you and your business organization by saving you time, money and worries.
CERTIFICATES OF NO TAX DUE
(Buying an existing business)
If you are considering buying an existing business, make sure the transaction does not close before you obtain a certificate of no tax due from the Audit Division. This certificate only protects the buyer. However, submitting this request may open the possibility of an audit for the Seller.
Also, the audit division may deny this certificate, or grant it without covering the periods you need. Therefore, whether you are the Buyer or the Seller, we can help obtain the certificate you need.
OTHER TAX SERVICES
Every type of Texas tax offers a different set of challenges and a particular set of refund opportunities. Let us serve you and your business organization by saving you time, money and worries.