Through a careful analysis of prior invoices, Texas Refunds will review all sales and use tax paid. This includes sales tax paid to vendors as well as self assessed use tax. Each exemption and non-taxable item is then documented with the specific state laws, letter rulings and court cases to confirm our findings. Necessary steps are then taken to recover these overcharges. By allowing us to conduct periodic reviews, you decrease the possibility of future audits and will prevent unnecessary assessments, penalties and interest.
Texas Refunds is committed to helping you understand how sales and use tax apply to your restaurants. One of the most important services we provide is working with key staff members to develop a system which ensures your restaurant group correctly pays vendor sales tax and use tax on an on-going basis. During the training seminar, each member will receive the customized report listing items commonly purchased and services routinely carried out, along with remodeling and construction services where tax overcharges are recurrent. This report may also be used as a resource for payable processing going forward. Texas Refunds can be available for continuous support for tax inquiries from your staff.
If a sales and use tax audit is beginning or has already been completed resulting in an assessment, Texas Refunds can challenge the findings. We will insure that any sales tax incorrectly assessed is eliminated or reduced. Texas Refunds involvement in the audit process will consist of: