Situation: A multistate waste removal and equipment resale business was preparing for sale with more than 20 years of uncollected sales tax exposure. Solution: Tronconi Segarra & Associates completed registrations and voluntary disclosure agreements (VDA) and implemented the Vertex tax engine across four of the business’ entities to manage approximately 450 annual sales tax returns. […]
Situation: A distributor paid federal excise taxes on fuel used for on-site refrigeration and off-highway vehicles moving goods between loading docks. Solution: Our team identified qualifying fuel use and filed a refund claim for the excise taxes paid. Impact: The distributor received a significant tax refund and identified opportunities to reduce future fuel-related tax costs.
Situation: An auto dealership received notice of a New York State sales and use tax audit and needed guidance on responding to the state’s requests and addressing internal procedures. Solution: Our team supported management throughout the audit and communicated directly with state auditors to address the proposed findings. Impact: The dealership’s additional tax and interest […]
Situation: A growing online retailer received notices about state sales tax filing requirements that its previous accountant had advised it to disregard. Solution: Our team analyzed where the business had verifiable sales tax obligations and completed voluntary disclosure agreements (VDA) or registrations in the applicable states. Impact: Because of the sales tax VDAs and registrations, […]