It’s difficult for your business to comply with the complex and varied sales and use tax rules in state and local taxing jurisdictions across the country. The lines are only getting blurrier given the increase in online transactions, the provision of electronic services vs. tangible personal property, and the changing landscape caused by developments in case law and legislation. This is compounded by states becoming more aggressive and strategic in auditing taxpayers to recover tax dollars and fill budget gaps.

Sales & Use Tax Consulting

The sales and use tax arena is rife with pitfalls for any business, no matter the size, industry, or physical footprint. GBQ’s Sales & Use Tax team has experience not only in consulting clients but also working in the corporate tax departments that are facing these same issues. This uniquely positions GBQ to assist in managing its clients’ risks and opportunities in these areas. Let us do our thing so you can do yours.

Sales and use tax consulting is a three-phased approach that includes identification, solution, and implementation.

Where do we get started?

The following is a hardly all-inclusive, yet very common list of sales and use tax “value add” consulting services every taxpayer should be exploring:

  • Refund Reviews/Reverse Audits
  • Compliance Process Reviews
  • Data Automation Support
  • Exposure Reviews
  • Audit Defense and Controversy
  • Participatory/Managed Audits
  • Direct Pay Agreements
  • Voluntary Disclosures and Amnesty Programs
  • Research and Matrices
  • Transactional Planning
  • Due Diligence

Sales & Use Tax Compliance

There was a time when sales and use tax was expected to be modernized to the point of simplification. Unfortunately, the establishment of economic nexus standards hasn’t quite had the impact many businesses were hoping for. Nexus thresholds seemed to be a light at the end of the tunnel. However, we’ve seen states change their minds on measurement periods, bright-line standards, taxable receipts vs. gross receipts, and even whether or not the guidance is enforceable in state courts.

As a result, practicality vs. enforceability has become the primary concern for many taxpayers and their sales and use tax compliance ambitions.

GBQ’s State & Local Tax team is ready to alleviate the many stresses created by this constant confusion. GBQ offers a sales and use tax compliance solution capable of handling the following tasks:

  • Multistate Registrations
  • Multistate Return Filing
  • Jurisdictional Rate Change Updates
  • Correspondence and Notice Management
  • Exemption Certificate Management