Tax Recovery
Tax recovery, reverse audit, accounts payable review; these are all terms used to describe the process of identifying and recovering overpayments of sales and use tax on your purchases. We have done this for multiple clients and helped recover millions of dollars in refunds or credits.
Our process starts with a review of your business operations and sales tax compliance process. Based on this review, we identify areas or transactions of interest, review applicable documentation, verify our findings, and discuss the opportunities with you. If you agree to proceed, we file refund claims with the appropriate party (vendor or state), submit supporting documentation, and manage the entire process. At the conclusion of the project, we will provide you with recommendations to avoid overpayments going forward.
Tax recovery projects are performed on a success fee basis, so you only pay if you receive a refund.