Services

Services

We provide the following types of state and local indirect tax services:

Audit Representation / Managed Audits

We will vigorously defend your interests from the beginning of an audit through the appeals process, seeking to minimize your potential audit liability and represent your interest through the process. We work to ensure that every possible credit and exemption is applied against state audit assessments, including penalties and interest. Our experts will review audit methodology to formulate the best sample procedures to protect your interest during tax audits. We will make sure that the states sampling methods comply with the Generally Accepted Auditing Standards (GAAS) and will reconcile unresolved issues and exceptions.

Reverse Audits / Tax Recovery

A process in which we review books and records and pursue tax overpayments remitted to suppliers or filed directly with a taxing jurisdiction. We will carefully examine your transactions and activities for potential tax refunds. After detailing any applicable credits or overpayments, our professionals will file applicable documentation to pursue a refund on your behalf.

Sales and Use Tax Due Diligence Review

We will review your business records and procedures to determine if your company is in compliance with state and local taxing authorities. If a mistake is detected, we will provide guidance and direction on how to correct it.

Nexus Review

Our nexus review studies will help you to evaluate tax issues and help you understand where you may have filing obligations.  The purpose of the nexus review is to study and analyze your multistate activities, identify applicable tax requirements impacting you in each state, and identify solutions to minimize potential tax liabilities.

Legal Research / Taxability Decision Matrices

When in doubt on issues of taxability and or areas of concern regarding your company’s products and service offerings, our professionals will help free up your valuable time so that you can focus on higher-priority tasks that require your attention. Specifically, our professionals can help provide clarity and guidance via: written memoranda of findings, taxability decision matrices, opinion letters, private taxpayer rulings, situational research and custom training.

Voluntary Disclosure Agreements

We will negotiate with a taxing jurisdiction(s) to limit the lookback period and negotiate other favorable terms resulting from failure to collect and remit sales tax, in the event your company has not complied with applicable sales and use tax laws. Our firm has successfully negotiated substantial penalties, interest and other substantial abatements for our clients.

Tax Amnesty

Our professionals can help you identify applicable amnesty programs to help reduce your overall tax liabilities and achieve abatements of penalties and interest otherwise imposed by state and local taxing jurisdictions.

Educational Seminars and Training

We recommend and can provide an array of state and local tax training to companies and industry work groups. These training courses are designed to help taxpayers correctly apply current sales and use tax laws, regulations, interpretations, and audit methodologies to their respective operations and achieve a better understanding of the issues impacting their operations.

Value Added Tax Services

SWFtax, LLC partners with a team of professionals who specialize in the following areas:

• Canadian Goods and Services and Harmonized Sales Tax
• Canadian Provincial Sales Taxes
• Quebec Sales Tax
• European Value Added Tax

Through our partners, we help businesses review their International value added tax (“VAT”) compliance and perform an in-depth study of your operations / processes to help you recover applicable tax overpayments. Our services include strategic solutions to uncover applicable tax savings for companies while ensuring accuracy and compliance with statutory requirements. Customer care and quality support is at the heart of everything we do to ensure a long-lasting business relationship with our clients.

Our professionals delve into records and processes to identify VAT reduction opportunities, ascertain process improvements, isolate areas of exposure and deliver significant tax savings. Our process helps clients detect any VAT liabilities and ensure that their systems are efficient and tax determinations are correct.