Core Compliance Services

Registering your new business for sales tax collection and setting up return filing and payment in the NJ portal system. We also perform nexus evaluations and multi-state registrations when needed.

We will prepare and file monthly, quarterly, or annual sales and use tax returns on your behalf in a timely manner.  If need be, we will also prepare on a multi-state basis. 

* Payment/remittance to be handled by the client *

Review of your accounts payable and purchasing records to determine if use tax should be accrued and if there are opportunities for potential refunds/credits for an over accrual that was not necessary.

Ensure that your business is taking full advantage of the state's resale and exempt use provisions so you are not paying sales tax when you don't need to.

We will provide audit management and representation on your behalf to the auditing jurisdiction. We will be the facilitator between you and the state for all information requests and data reconciliations. This also includes notice & correspondence management along with drafting responses and resolving any issues. 

Reviews of your current purchases and are used to determine if there is any overpayment of sales tax to vendors or tax was charged where it should not have been. There are also instances  where use tax has been erroneously accrued and remitted to the state. With a contingency based fee, you will pay nothing unless a refund/credit is secured. Refunds can go hand in hand with audit defense.

In the event that it is determined that your business has had a sales and/or use tax liability, states offer programs for businesses to come forward, on an anonymous basis, to remit any liabilities. These programs allow taxpayers to receive certain protections that may protect your business and can reduce penalties.

Perform negotiations with the state to abate penalties assessed by providing reasonable cause documentation.

Keep us on-call for any and all sales and use tax guidance. We will perform regulatory monitoring on your behalf and provide updates on sales tax law and how that might impact or benefit your business. Having us on-call ensures that you and your business will have access to the professional services needed at all times.

Conduct a review of your current sales and use tax process to determine if any process improvements need to be made (i.e., internal control assessments) to fully support and provide audit ready documentation. 

When you sell a product or service, the taxability of the transaction can be differ based on the transaction itself. We provide taxability guidance along with product and service taxability determinations. 

We also advise on product and service mapping for sales and use tax platforms such as Avalara, Vertex, and Thomson Reuters. 

Prior to the South Dakota v. Wayfair Supreme Court decision in 2018, nexus was determined by a physical presence in any given state. Now, nexus can be established through physical, economic, affiliate, and marketplace nexus. We will assist your business to determine if a threshold was met in any other state.