Our recovery services, a/k/a Reverse Sales & Use Tax Audit, focus on identifying tax overpayments, obtaining cash refunds and reducing operating costs. We can help you uncover the tax refunds/credits applicable for your business and help you stay up to date of changes in the tax law and regulations through our proven process and a network of experienced sales/use tax professionals. Our goals are to help your company achieve permanent tax savings and improve procurement process. Note that our recovery services are generally on contingent basis: YOU PAY US NO FEES UNLESS YOU RECEIVE BENEFITS.
Below are key characteristics of our recovery services:
A. Key Benefits
- Cash refunds
- Improved compliance process
- Reduced operating costs
B. Recovery Process
Multi-phased non-intrusive approach
- Phase I - Initial Scoping & Analysis
- Phase II - Quantification & Documentation
- Phase III - Refund Filing & Verification
- Phase IV - Corrective Measures
C. Typical Businesses
- Financial services firms (e.g., Insurance, Asset Management and Banking)
- Movie studios
- Healthcare companies
- Wholesale and retail
- Pharmaceuticals
- Agribusiness
- Manufacturing firms
- Educational institutions
- And businesses paying significant sales and use taxes as part of operating costs
