New Jersey Sales and Use Tax Refunds
Kindly be advised that a historical review of a business's purchases may reveal numerous and possibly substantial NJ Sales & Use Tax overpayments for which the business entity may be entitled to a full or partial tax refund. While acting as its client's advocate, NJ Sales Tax Audit & Refund Specialists will drill down and do the heavy lifting by reviewing virtually all of its client's purchases made during the refund period that remains in statute, all with very little administrative burden to its clientele. Next, a complete refund claim will be compiled, perfected, and timely submitted to the New Jersey Division of Taxation's Refund Section. Finally, all additional procedures will be properly performed to perfect and secure the maximum possible dollar amount of the refund claim!
Please note that NJSTARS specialize in NJ Sales & Use Tax Refunds and generally conducts this type of service on a performance basis, with no direct or upfront costs, and very little administrative burden to our clientele.
Please note that NJSTARS specialize in NJ Sales & Use Tax Refunds and generally conducts this type of service on a performance basis, with no direct or upfront costs, and very little administrative burden to our clientele.
However, please exercise due caution here. Depending on one or more of a myriad of factors, the Division may put a hold on the refund claim until a full scale Field Audit of the business entity is completed. The Division may want to not only verify all aspects of the refund claim, but also might want to perform a complete audit of the business's books & records for underpayments as well. Accordingly, the business entity may end up being in a lesser financial position that it might otherwise have been should the refund claim not have been filed in the first place.
Accordingly, NJ Sales Tax Audit & Refund Specialists will perform a limited compliance review of our client's books and records prior to submitting the refund claim. Additionally, we will communicate with and guide our clients through all aspects of the engagement. We are your advocate and together we will make the most appropriate decision regarding how best to proceed.
Best Practices: Generally, the best time to perform a NJ Sales & Use Tax Refund review is either immediately prior to, during, or soon after the NJ Division of Taxation conducts a Tax Audit. Please be advised that since the Division's tax audit is either about to occur, under way or has recently been completed, you no longer have to "sweat out" the thought of being audited simply for filing a refund claim for monies that are rightfully yours. Additionally, if the Refund Claim is submitted during the audit, you may be able to save significant interest charges as the Refund's Claim amount may be offset (netted) against the audit's tax assessment, prior to the calculation of the audit's penalty and interest amounts!
Accordingly, NJ Sales Tax Audit & Refund Specialists will perform a limited compliance review of our client's books and records prior to submitting the refund claim. Additionally, we will communicate with and guide our clients through all aspects of the engagement. We are your advocate and together we will make the most appropriate decision regarding how best to proceed.
Best Practices: Generally, the best time to perform a NJ Sales & Use Tax Refund review is either immediately prior to, during, or soon after the NJ Division of Taxation conducts a Tax Audit. Please be advised that since the Division's tax audit is either about to occur, under way or has recently been completed, you no longer have to "sweat out" the thought of being audited simply for filing a refund claim for monies that are rightfully yours. Additionally, if the Refund Claim is submitted during the audit, you may be able to save significant interest charges as the Refund's Claim amount may be offset (netted) against the audit's tax assessment, prior to the calculation of the audit's penalty and interest amounts!