TRS
specializes in a number of areas of taxation.
- Sales and
use tax
- Corporate
income and franchise tax
- Individual
income tax
- Installment
paper tax
- Cable
franchise tax
- Occupancy
tax
For
information on NC County Sales Tax Reallocation Audit
Other
areas of our expertise include:
- County
Sales Tax Revenue Reallocation
- Audit defense
- Nexus issues/voluntary
disclosure
Contact us.
We'll show you how to Keep More.
WHY
YOU NEED AN AUDIT
More than 85% of taxpayers are overpaying
their tax liability in some areas.
Here are a few of the reasons:
- Tax laws
are difficult to understand and are often misinterpreted.
- Taxpayers
assume the government will tell them about any overpayments.
It won't. It has no incentive to do so.
- Tax audit
assessments are often overstated.
- Tax laws
are constantly changing. Change means overpayment.
- Organizations
do not have the time or staff to recognize and correct problems.
Time is of
the essence. As the statute of limitations expires, so does your
refund.
Contact TRS. We'll show you how to Keep More.
WHAT
WE WILL DO
Our
audit service is comprehensive, based on proven methodologies
developed
through our years of experience. Here is what we do:
- Evaluate
your overall business operations as they pertain to tax liabilities.
- Look for
tax errors.
- Copy necessary
records.
- Conduct
the analysis audit.
- Provide
detailed report of findings.
- Recommend
future procedures.
- Complete
forms for refunds.
- Represent
you if you are audited.
STEPS
TO ENGAGE US
You
simply do the following:
- Retain
our services.
- Provide
access to asset, expense, and tax records.
- Provide
a contact person for your organization.
PERFORMANCE-BASED
FEES
Like all URS audits, TRS auditing services
are performance-based. This means we
are paid a percentage of the tax refunds and future reductions
we secure for you.
After you receive your refunds and/or documented savings.
All tax reductions
must be fully quantifiable to your satisfaction or there is no
fee for
our service. We represent you in the event you are audited or
in cases to challenge
taxes assessed. You reserve the right to accept or reject any
recommendations
presented by our firm.
- A local
manufacturer received a $23,000 refund from use-tax overpayments
and gained knowledge needed to correct future tax filings.
- A North
Carolina manufacturer received more than $70,000 in refunds
and
tax savings.
- A local
retailer received more than $35,000 in tax and interest savings
from a
reduction to a North Carolina Department of Revenue assessment.
- A local
manufacturer received a $90,000 refund from an overpayment of
sales
and use taxes.
