Frequently Asked Questions
Headquartered in Encino, California with multiple local branch offices in your backyard to serve you at your convenience. Leading Tax Group can schedule a face to face consultation to represent your case with the IRS, FTB, EDD, as well as CDTFA Audits.
Start by reading the letter you have received from the IRS to find out why the agency wants to audit you. The next thing you should do is call Leading Tax Group for an initial consultation. We can help you prepare for the audit.
CDTFA is an abbreviation for California Department of Tax and Fee Administration. The CDTFA sales tax is collected during the sale and then forwarded to the State.
There is typically a fair amount of proving up receipts and reports during the auditor review. It is important to have good representation from somebody who knows everything about sales tax audits. Call Leading Tax Group
Typically the only way out is to go through the audit process. You should be accurate and honest. If the IRS requires some documentation, you should give it to them. Call Leading Tax Group if you need more information or help.
When sales receipts are different than what was reported to the CDTFA. It’s also worth noting that closing a location, declaring bankruptcy, shutting down operations, and dissolving a business all usually lead to a sales tax audit.
This means an examination of your tax return(s) is in progress. To possibly beat an undue assessment from the CDTFA, we would advise you to call an expert at Leading Tax Group for guidance (the sooner the better).
It depends on your situation. You may not need to settle on a preliminary assessment from the CDTFA. Call Leading Tax Group and discuss the specifics of your situation with our tax experts. We could save you a lot of money.
800-900-4250
