New Jersey Business Tax Audit Representation & Defense
A typical Field Audit, as conducted by a State Auditor from the NJ Division of Taxation, can vary greatly in scope and complexity. While you may be able to handle the audit with your existing accounting resources, it's highly recommended that you immediately seek and obtain professional advice from a state tax audit specialist in determining how best to proceed.
NJ Sales Tax Audit & Refund Specialists may be engaged at any time either before, during or after the audit. However, it's strongly recommended that you contact NJSTARS immmediately upon receipt of the Division's initial audit letter as preliminary audit engagement procedures, including a pre-audit compliance review, can then be timely implemented. Numerous other defensive audit techniques will employed both during and after the audit (including reverse auditing) which will all contribute to the overall success of the audit engagement. Additionally, NJSTARS's audit representation & defensive engagements are conducted timely, efficiently, and effectively, while constantly striving to safeguard the client's resources.
NJ Sales Tax Audit & Refund Specialists acts as its client's advocate and will be in constant communication with its clients at all points during the audit proceeding. You company will be kept informed and all of your questions will be answered. Additionally, your company will be provided with a customized and dynamic strategy that will be very methodical, technical, and also on occasion creative as sometimes thinking "out-of-the-box" may be the best course of action.
Please note that most Division Field Audits are typically centered around NJ Sales and Use Tax. However, please be advised that NJSTARS's services also include representing & defending its clientele against all of the NJ Division of Taxation's business taxes. Generally, the additional taxes audited by the Division include the NJ Corporation Business Tax, NJ Gross Income Tax (employer & possibly employee), NJ Litter Tax, along with a host of other lesser-known speciality taxes.
NJSTARS's goal is to provide its clientele with the best possible resolution to the audit engagement in the most timely, efficient, and effective manner from both a current, as well as on a go-forward basis. NJSTARS promises to provide its best efforts to truly make a difference. Kindly be advised that NJSTARS specializes in audit representation & defense services and it's the firm's primary focus.
Best Practice: If your business is about to be audited, currently undergoing an audit, or has recently been audited by the NJ Division of Taxation, then please be advised that now is the best time to perform a Sales Tax & Use Tax overpayment review. Not only will the business's historical transactions be analyzed, but also the business's prospective compliance will be greatly improved which generally results in future tax savings in the years to come. Moreover, NJSTARS performs this type of service (1) at no cost to its clientele, (2) with very little administrative burden, and (3) is compensated on a success/performance basis but not until your company receives the tax refund.
Important: Kindly be advised that the Library section of this website contains an enormous amount of information about the State of New Jersey's business taxes along with many other informative and potentially valuable items. Additionally, numerous articles and related information associated with business tax audits (Field Audits) will be added to the Newsletter and Q&A sections of the Library section commencing very soon and continuing on an on-going basis.
Recently, the New Jersey Division of Taxation made available on its website a printed copy of its Tax Audit Manual. The manual offers a tremendous amount of informative and relevant information, and will answer many of your questions. It's certainly a great place to start!
NJ Sales Tax Audit & Refund Specialists may be engaged at any time either before, during or after the audit. However, it's strongly recommended that you contact NJSTARS immmediately upon receipt of the Division's initial audit letter as preliminary audit engagement procedures, including a pre-audit compliance review, can then be timely implemented. Numerous other defensive audit techniques will employed both during and after the audit (including reverse auditing) which will all contribute to the overall success of the audit engagement. Additionally, NJSTARS's audit representation & defensive engagements are conducted timely, efficiently, and effectively, while constantly striving to safeguard the client's resources.
NJ Sales Tax Audit & Refund Specialists acts as its client's advocate and will be in constant communication with its clients at all points during the audit proceeding. You company will be kept informed and all of your questions will be answered. Additionally, your company will be provided with a customized and dynamic strategy that will be very methodical, technical, and also on occasion creative as sometimes thinking "out-of-the-box" may be the best course of action.
Please note that most Division Field Audits are typically centered around NJ Sales and Use Tax. However, please be advised that NJSTARS's services also include representing & defending its clientele against all of the NJ Division of Taxation's business taxes. Generally, the additional taxes audited by the Division include the NJ Corporation Business Tax, NJ Gross Income Tax (employer & possibly employee), NJ Litter Tax, along with a host of other lesser-known speciality taxes.
NJSTARS's goal is to provide its clientele with the best possible resolution to the audit engagement in the most timely, efficient, and effective manner from both a current, as well as on a go-forward basis. NJSTARS promises to provide its best efforts to truly make a difference. Kindly be advised that NJSTARS specializes in audit representation & defense services and it's the firm's primary focus.
Best Practice: If your business is about to be audited, currently undergoing an audit, or has recently been audited by the NJ Division of Taxation, then please be advised that now is the best time to perform a Sales Tax & Use Tax overpayment review. Not only will the business's historical transactions be analyzed, but also the business's prospective compliance will be greatly improved which generally results in future tax savings in the years to come. Moreover, NJSTARS performs this type of service (1) at no cost to its clientele, (2) with very little administrative burden, and (3) is compensated on a success/performance basis but not until your company receives the tax refund.
Important: Kindly be advised that the Library section of this website contains an enormous amount of information about the State of New Jersey's business taxes along with many other informative and potentially valuable items. Additionally, numerous articles and related information associated with business tax audits (Field Audits) will be added to the Newsletter and Q&A sections of the Library section commencing very soon and continuing on an on-going basis.
Recently, the New Jersey Division of Taxation made available on its website a printed copy of its Tax Audit Manual. The manual offers a tremendous amount of informative and relevant information, and will answer many of your questions. It's certainly a great place to start!