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Inside the Mind of a Texas Comptroller Sales Tax Auditor
Are auditors encouraged to over-assess tax? I realize this is a provocative title. And I bet many of you are wondering HOW would I know what auditors think. After receiving my accounting degree from Texas A&M University, I went to work for the Texas Comptroller’s...
Here Come the Millennial Auditors
Wikipedia defines Millennials with college degrees as those folks who DO NOT STAY at any job for more than 2 or 3 years and then move to the next job. This cycle usually continues for an average of 3 jobs before they finally settle down for the long haul. If the Texas Comptroller continues to hire young new college graduates then it is a given that most of them will quit in 2 to 3 years and move on to their 2nd job or 3rd job.
Sales Tax Issues for Upstream Oil and Gas Operators: Smell that? That’s the smell of money!
The expense side of oil and gas production can entail significant recurring costs for manpower and equipment for the maintenance and upkeep of the equipment at a lease site. Oftentimes the sales taxes charged on the sale of equipment or services are assessed in error by the seller or service providers. This is not necessarily intentional; many equipment or service providers do not have a firm grasp of the complex sales tax rules, regulations, exemptions and policies that pertain to oilfield services and equipment.
Sales Tax and the Upstream Petroleum Industry
The upstream sector of the Petroleum industry involves companies that search for potential underground crude oil and natural gas fields, drill exploratory wells, and subsequently drill and operate the wells that recover and bring the crude oil and/or raw natural gas...
Texas Hotel Occupancy Sales Tax Audits
Hotel Occupancy Tax is uniquely different from other tax type in Texas. Many of the rules and regulations that Texas taxpayers are familiar with because of Sales Tax do not apply to the Hotel Occupancy Tax. If the Texas Comptroller of Public Accounts has issued your...
COMPTROLLER PROPOSES SIGNIFICANT CHANGES TO TAX RULE 3.334 ‘LOCAL SALES AND USE TAX’ –
RELATED TO CERTAIN ONLINE RETAILERS
Note: The Comptroller will hold public hearings on this matter on October 17, 2022 at 9:00am in Room 170 of the Stephen F. Austin Building, 1700 Congress Ave., Austin, Texas 78701. The Background. The Comptroller of Public Accounts has proposed significant additions /...
Why do Dentists get audited by the Texas Comptroller
Why do Dentists get audited by the Texas Comptroller? Answer: Because 61% of the audits are ‘tax due’ (mostly based on purchases) Please go to link the following 2 links: Completed - Dentist Sales Tax Audits (since 1-1-2020) Qty. 115Click here to view PDF Active -...
International Fuel Tax Agreement Audit
Texas Tax Groups Introduction to Motor Fuel Use Tax Compliance Truck drivers are needed everywhere in the United States to transport important freight and supplies. You see the recruiting ads on billboards, see them on TV, and hear them on the radio. The job can be...
COLLISION REPAIR SHOP INCORRECTLY ASSESSED OVER $100,000
Texas Comptroller of Public Accounts – Administrative CPA Hearing No. 111,302 (2017) In this audit and final hearings decision the Texas Comptroller and Administrative Law Judge incorrectly assessed over $100,000 in sales tax plus a 10% penalty and interest against a...
CONTESTING DISAGREED AUDITS, EXAMINATIONS AND REFUND DENIALS
If you have been audited by the Texas Comptroller’s Office and been incorrectly assessed taxes or denied a credit/refund you have the right to file for a REDETERMINATION OR REFUND HEARING. I have been a Texas Comptroller auditor and then a consultant for over 30...