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Grossman salesusetax

SALES AND USE TAX AUDITS: THE BIGGEST MISTAKES TAXPAYERS CAN AVOID

Cost Free
Presentation Length 1.5 hours

Recorded DateMarch 22, 2016
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaTaxes (Sales Tax)
Course LevelBasic
Course Description

This live webinar will begin with an overview of the nature of sales and use taxes in the context of a sales and use tax audit. We will then transition into and discuss the primary topic: sales and use tax audit trends/factors. In this section, attendees will learn about some of the common factors which can contribute to the genesis of a sales and use tax audit. The final section will provide attendees with suggested best practices to mitigate potential sales and use tax liabilities and maximize their sales and use tax posture.

Learning Objectives

  • Identify the initial questions and action items which require your immediate attention upon receipt of a sales and use tax audit notice

  • Learn the most common factors/reasons which can result in the commencement of a sales and use tax audit

  • Learn some of the steps you can take to be proactive (not reactive) and why it is prudent to take these steps

  • Learn some of the biggest mistakes taxpayers should avoid in a sales and use tax audit

  • Learn some of the nuances as to why the sales and use tax arena is different than corporate income taxation

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PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
Linkedin

Marc Grossman

Crowe LLP
Senior Manager Salt
marc.grossman@crowe.com
(404) 495-7107

Marc Grossman, Esq. is an attorney with a LL.M. (Taxation) who specializes in state and local taxation. At the heart of his mission is providing personalized state and local tax expertise specifically tailored to your issues. In particular, whether the assistance encompasses “one off backstop” inquiries all the way to more in depth turn-key state and local tax consulting solutions, Marc believes in offering “Big Four” state and local tax guidance and assistance at reasonable professional rates so that taxpayers, business owners, and “C” Suite Executives/their team can focus on their area of expertise. Prior to joining Crowe, Marc spent almost two decades with two of the “Big Four” national public accounting firms as well as another large national public accounting firm where he focused on examining clients’ business operations from primarily an indirect tax perspective so as to maximize potential refund opportunities and minimize possible indirect tax exposure. Methodology utilized to assist clients included, but was not limited to: Representing clients in sales and use tax and unclaimed property audit examinations, researching state and local tax controversy positions, identifying potential state and local tax refund opportunities, supervising taxability studies, participating in M&A indirect taxation reviews, analyzing results of clients’ nexus studies, calculating potential indirect tax exposure, assisting with the drafting of client FAS 5 indirect tax reports, co-developing indirect tax planning opportunities, reviewing clients’ unclaimed property functions, and being a firm Southeast indirect tax network resource.

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