Challenging a NJ Division of Taxation Sales Tax Audit Assessment
Should you be dissatisfied with the results of your recently completed Field Audit, then please be advised that you have up to 90 calendar days from the date of the Division's "Notice of Assessment Related To Final Audit Determination" to file a formal Protest (challenge) with respect to all, or a portion, of the audit assessment. Generally, NJ Sales Tax Audit Specialists offers this value-added service to its clients on a fee basis. However, in some cases NJSTARS will perform this service on a performance basis with no direct costs and virtually no administrative burden to its clients!
Additionally, should you be uncertain about the results of the audit's tax assessment or if tax overpayments exist, consider obtaining a limited or thorough review of the auditor's findings. Kindly click on the link below for more information.
Rapid or Thorough Review of New Jersey Sales Tax Audit Assessment
In the event your Protest proves to be unsuccessful, then it may be your best alternative to file an Appeal/Complaint with the New Jersey Tax Court. Again, time is of the essence. Please also be advised that, in certain instances, it may be best to skip the Division's Protest option and file immedicately with the NJ Tax Court. Kindly note that NJSTARS works with several law firms and will make recommendations based on our client's issues and concerns.
Additionally, should you be uncertain about the results of the audit's tax assessment or if tax overpayments exist, consider obtaining a limited or thorough review of the auditor's findings. Kindly click on the link below for more information.
Rapid or Thorough Review of New Jersey Sales Tax Audit Assessment
In the event your Protest proves to be unsuccessful, then it may be your best alternative to file an Appeal/Complaint with the New Jersey Tax Court. Again, time is of the essence. Please also be advised that, in certain instances, it may be best to skip the Division's Protest option and file immedicately with the NJ Tax Court. Kindly note that NJSTARS works with several law firms and will make recommendations based on our client's issues and concerns.
Why Not Get A "Second Opinion" From A New Jersey Sales & Use Tax Specialist
Very Important: Should you miss the 90 day Protest deadline, then kindly note that that there still may be an opportunity to challenge the audit assessment. Please be advised that (1) If the total audit assessment was, or will be, paid in full within one year after the expiration of the original 90 day Protest time, and (2) a Refund Claim is filed within 450 days after the expiration of the original 90 day Protest time, then you still have an opportunity to challenge the audit assessment via the filing of a Refund Claim. Yes, it's all true! Essentially, using this procedure, you have about a year and a half to, in effect, challenge your audit assessmnet.
Kindly contact NJ Sales Tax Audit & Refund Specialists for the details associated with this little known, but potentially very rewarding opportunity.
Consider This: Just because an audit of your business results in either a relatively minor tax assessment or even a "no change", please note that such doesn't necessarily mean that everything is OK. Remember, state auditors are trained to look for tax underpayments only, not overpayments. Accordingly, your firm may be entitled to numerous and possibly significant Sales and Use Tax Refunds. Since your firm has just undergone an audit, this may be the best time to consider performing a Sales & Use Tax Refund engagement as you do not have to be fearful of getting audited as a result of filing the Refund Claim.
Best Practices: Why not combine an Audit Challenge/Protest (or an on-going audit) with a simultaneous Reverse Audit / Sales & Use Tax Refund engagement!
Kindly contact NJ Sales Tax Audit & Refund Specialists for the details associated with this little known, but potentially very rewarding opportunity.
Consider This: Just because an audit of your business results in either a relatively minor tax assessment or even a "no change", please note that such doesn't necessarily mean that everything is OK. Remember, state auditors are trained to look for tax underpayments only, not overpayments. Accordingly, your firm may be entitled to numerous and possibly significant Sales and Use Tax Refunds. Since your firm has just undergone an audit, this may be the best time to consider performing a Sales & Use Tax Refund engagement as you do not have to be fearful of getting audited as a result of filing the Refund Claim.
Best Practices: Why not combine an Audit Challenge/Protest (or an on-going audit) with a simultaneous Reverse Audit / Sales & Use Tax Refund engagement!