WORKING WITH AST
Working with the experts at AST is a smart decision for companies looking to fully comply with state sales & use tax requirements, and for those who seek an automated and streamlined approach to ensure ongoing continued compliance. We offer an outsourced service model that has proven to be both cost-effective and flexible.
The deep experience of our team, coupled with industry-leading sales & use tax compliance software, enable us to drive efficiencies and ensure accuracy.
OUR 6 STEP APPROACH TO SALES/USE TAX COMPLIANCE
- Determine where the company may have nexus
- Determine where the company has a filing obligation
- Evaluate the Company’s revenue streams to determine the taxability
- Evaluate the Company’s customer base for possible exemptions
- Compile sales tax data
- Destination based sourcing
- State & Local Tax, Interest & Penalty Rates
- Compute Exposure Amount
- Filing and Paying All Prior Tax Returns
- Voluntary Disclosure – Anonymous basis
- Negotiated Settlement
- Do Nothing
- Indirect Tax Automation
- Utilization of rate software
- In-house or outsource tax return function
- Monitor state’s nexus, filing frequency and thresholds
- File returns & remittances
- Address notices
- Store digital copies of returns
SALES & USE TAX ADVISORY SERVICES
We proactively access current processes, quantify sales & use tax liability exposure and develop optimal solutions toward a pathway of achieving and maintaining compliance.
- Nexus Analysis
- Process Review and Improvement
- Taxability Research Matrix
- Voluntary Disclosure Agreement
- Audit Representation
- Refund Recovery/Reverse Audit
- On-Call Advisory
- Transportation Entity Restructuring
- Utility Exemption Study
SALES & USE TAX COMPLIANCE SERVICES
There are substantial interest and penalties for delinquent filings and errors on sales & use tax returns. With more than 11,000 taxing jurisdictions in the United States, companies can rely on AST to guide them through these extensive laws and reporting requirements.
- Business Registration
- Return Preparation and Filing
- Exemption Certificate Management
- Product and Service Mapping
- State Notice Resolution
- ACH Payment
- Tax Calculation Software
M&A ADVISORY SERVICES
Sales and use taxation is a complex topic, including for mergers and acquisitions. Our team completes the required due diligence to ensure all tax liabilities are fully revealed and understood, and that all parties have filed within the needed jurisdictions to best address the sales and use tax issues before they arise after a transaction.
- Buy-Side and Sell-Side Support
- Post-Transaction Dispute Resolution
- Purchase Transaction Planning and Research
- Sales & Use Tax Exposure Mitigation
- Sales & Use Tax Exposure Quantification