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DMA's Sales/Use Managed Tax Audit service provides you with state-specific tax resources that become an extension of your tax department to perform a managed audit. A "managed audit" is a self-audit performed by a taxpayer according to parameters established by a state. DMA's focus is to ensure the final audit assessment is fair and not skewed in the state’s favor.
Generally, managed audits give you more control over the audit as our audit findings are substantiated from the beginning, thereby reducing burdensome negotiations. This also shortens the duration of the audit. In addition, the state will perceive that you are proactively managing your tax payments, thus eliminating potential adversarial state/taxpayer relationships. And, DMA ensures that all items with tax paid are considered as well versus a state auditor simply focusing on items where tax was not paid.
Not only will we perform the audit as your representative, we will provide you with a final report addressing the audit process and findings. We will minimize your current sales/use tax liability, and we will recommend solutions to eliminate future mistakes.
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