Have you received notification of a California sales and use tax audit by the Board of Equalization? The California BOE is responsible for the collection of all sales and use taxes in California. If you sell tangible personal goods your business should be collecting California sales tax. If you purchased a tangible good outside of the state of California and did not pay California sales tax, and put it into commercial service you will probably owe California use tax.
Sales tax and use tax are to be collected by California businesses, and paid regularly to the State. The BOE will regularly audit most California businesses to ensure compliance with the law, and to audit the collection of sales and use tax. These audits are quite challenging, and you should never face the BOE without representation. Allen Barron provides audit defense representation to California businesses before the BOE, as well as the FTB, EDD and other California state agencies. We have extensive tax and accounting expertise, backed by a strong team of tax attorneys and legal services.
Learn about the protections of the attorney-client privilege and how Allen Barron can take full responsibility for handling all communications with the BOE while representing you in a California sales and use tax audit. Many of the forms requested by the BOE are related to your accounting system, such as a general ledger report, inventory analysis, cost of goods sold (COGS), as well as all receipts, invoices, and bank statements. The audit is quite time consuming, and you should not be forced to keep the focus off of running your business while protecting your financial interests during a BOE California sales and use tax audit.
Contact the experienced tax attorneys and accounting experts at Allen Barron to discus the audit, and all we can do to save you money and protect your financial interests. Call for a free and substantive consultation at 866-631-3470.