A New York sales tax audit can end with an assessment substantially larger than a business owner expected. The auditor may claim that your business underreported taxable sales, improperly treated transactions as exempt, failed to collect sales tax, maintained inadequate…
If your New York business is undergoing a sales tax audit, one of the most important questions may be whether the auditor considers your books and records adequate. Why does that matter? Because when a business has adequate records, the…
Many New York business owners assume a sales tax audit is simply a financial dispute—an argument over records, calculations, or unpaid taxes. In many cases, that is true. But under the wrong circumstances, a New York State sales tax audit…