Sales Tax Recovery

Sales tax laws change constantly, which require monitoring of state statutes, state regulations, state interpretations and deciphering of legal rulings. TRUST Financial's team of consultants monitor these avenues and identify which areas of the law can best be applied to your business to minimize your sales tax liability.

TRUST Financial specializes in identification and recovery of sales tax overpayments and examines exposure in the event of a sales tax audit.

• Oftentimes, overlooked sales tax credits in companies’ accounts payable records can translate to a refund from the state.
• There are areas of routine maintenance that also fall within the exemption codes.
• In most cases, companies can take a credit when they pay their monthly sales tax to the state.

State Audit Defenses
Audits by government entities can be a stressful time for any business - big or small. Let TRUST Financial use its experienced auditors to manage this trying and challenging process. Services include a pre-audit consultation, which lets businesses know where there are any opportunity areas, face-to-face meetings with the government representatives, managing any follow-up requests and a review of any findings.

Assessment Training Sessions
Employee turnover is inevitable in any business. As a result, knowledge and skill sets related to accounts payable processes are lost in the transition. Schedule training sessions with TRUST Financial to protect your company's bottom line in terms of exemptions available to specific industries.