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Understanding The Sales Tax Audit Process

  • Accountant
  • AFSP
  • CRTP
  • CPA (US)
  • EA
  • ORTP
  • Maryland Tax Preparer
  • Course Description
  • Course Qualification
  • Presenter
  • FAQ

Course Description

Course Description

The purpose of a sales tax audit is to determine if the taxpayer is paying the correct amount of sales tax to the State. The audit is used to promote compliance with tax laws and as a means of increasing state revenue. As part of the ordinary course of business, most companies eventually will undergo a sales and use tax audit. Sales tax auditors frequently think that businesses cheat or at least intentionally try to skirt the sales tax law. They begin most audits with the attitude of trying to determine how much the business owes, not whether or not the business owes anything. Should the auditor find a transaction that the Company erroneously paid tax on, it is doubtful they will let you know about the overpayment. 

Key topics covered in this online CPE Sales Tax webinar

  • What is the audit process? 
  • Why did I get picked for an audit? 
  • What happens if I am not registered for sales tax? 
  • Does the government get third-party data? 
  • Will the government extract the data from my computer system? 
  • What is my responsibility for keeping books and records? 
  • What happens if the company owes money? 
  • Am I personally responsible? 
  • Does the government abate penalties? 
  • Will I go to jail for owing sales tax? 

  If you are looking for a certified course on sales and use tax then click here: Sales and Use Tax Fundamentals.

Learning Objectives

  • To provide a basic understanding of the Sales Tax Audit Process.
  • To discuss a taxpayer’s responsibilities during a sales tax audit.
  • To discuss what to expect during the audit process.

Recommended For

This IRS-approved CE course is recommended for CPAs, EAs, AFSPs, and Other Tax Professionals engaged in or interested in learning about sales tax audits.

Who Should Attend?

  • Accountant
  • Accounting Firm
  • California Registered Tax Professional
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Maryland Tax Preparers
  • Oregon Tax Preparers
  • Tax Accountant (Industry)
  • Tax Attorney
  • Tax Di