Did you know that many companies in your industry may have unknowingly overpaid their Texas Franchise/Margin Tax? That's right. They've been leaving money on the table simply because they failed to include or exclude certain accounts properly in their calculations....
Audits
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.
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...
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...
Texas Tax Group Reduced a Landscapers Audit $124,954.93
TEXAS TAX GROUP SIGNIFICANTLY REDUCES TAX ASSESSMENT 1 - TAX RULE 3.356 - REAL PROPERTY SERVICES 2 - TAX RULE 3.291 - CONTRACTORS 3 - TAX RULE 3.357 - NONRESIDENTIAL REAL PROPERTY REPAIR, REMODEL 4 - Texas Comptroller - Auidt Procedures - Auditor Training Manual -...
A Case of Unequal Treatment
ISSUE AT HAND Auditor, supervisor, and Independent Audit Reviewer incorrectly interpreted certain tax policy letters and state statutes. The Comptroller of Public Accounts auditor denied that the taxpayer (TP) was a manufacturer. Certain purchases of assets and...
TEXAS TAX GROUP SAVES TAXPAYER $1.8 MILLION!
ISSUE AT HAND State auditor lacked Texas tax code/tax policy knowledge, almost costing a Texas taxpayer approximately $1.8 million in an incorrect sales tax assessment. Texas Tax Group was not engaged until AFTER the audit was completed by the State auditor. The...
TINT – ALARMS – STEREO – LIGHTING INSTALLATIONS (What is taxable and not taxable?)
TINT – ALARMS – STEREO – LIGHTING INSTALLATIONS (What is taxable and not taxable?) ISSUE: REPAIR/MAINTAINANCE (NOT TAXABLE) VS. REMODEL (TAXABLE) Written by Dino Marcaccio, President of Texas Tax Group Sales tax research documents: Publication 94-113 April 2021 ...