Sales/Use Tax Compliance

A fixed asset inventoryOur team of transaction tax specialists at GFTC keep abreast of all the changing rates, forms, laws, regulations, rules and court cases to make sure your sales and use tax returns are filed timely and accurately for every jurisdiction you are required to file in.

The Importance of Sales/Use (Transaction) Tax Compliance

The accurate and timely preparation of sales/use tax returns for nearly 13,000 taxing jurisdictions in 45 taxing states and the District of Columbia is a burden for an already overworked tax department. If nothing goes wrong, then you have just done your job. If something does go wrong, then the interest and penalties can be substantial.

Sales/Use (Transaction) Tax Audit Representation

GFTC manages the sales/use tax audit from beginning to end. From the first contact from a state auditor, to developing a work plan, making sure your exemption certificate files are up to date, digging through files looking for information, to working with the auditors to assure a timely conclusion to the audit, our team makes sure to relieve you from the stress and headaches of audit management.

GFTC is committed to working with our clients to find opportunities to increase Income and Cash Flow, reduce Taxes and Insurance Premiums, and implement efficiencies. However, we also work under your direction, listen to your specific needs and communicate to make sure we understand your time frames and internal constraints. The recommendations we provide significantly improve the accuracy of your records and we design a process that can be prospectively managed by the company.

Get Started

Whether you are ready to get started or have additional questions, the first step is to contact General Financial and Tax Consulting. We want to hear your questions and explain how we can work with you. Many of our clients have similar questions, and you may be able to benefit from their experience (references provided). Start by filling out the contact form on this website. If you would like additional information, have more questions, or want to discuss your situation, call us at 1-888-496-2679.