In recent years, states have become increasingly aggressive in the sales and use tax area through both legislative changes and enforcement. In many states, the likelihood of being audited has increased, and companies need to be prepared for challenges. Effective preparation includes issue identification and resolution, as well as the establishment of adequate policies and procedures. 

Kennedy and Coe can answer those "what ifs" and help your company register within each necessary state. Income tax and/or sales and use tax nexus activities can include: performing a service; using third-party agents; maintaining a sales office, warehouse or distribution center; soliciting sales by the distribution of catalogs, advertising via flyers, print ads, radio, TV, mail or phone; participating in trade shows; or delivering products in a personal vehicle.

But reality is that you might be overpaying on some issues and be entitled to a refund and not even know it. This may be some facet of your business you need to explore, especially during these economically trying times.

Kennedy and Coe brings first-hand expertise with these types of services:

• Nexus Review
• Sales Tax Overpayment Reviews
• Due Diligence for Merger and Acquisition Considerations
• Tax Matrices for Sales and/or Purchases
• Audit Defense 

For more information, call 800-303-3241 or e-mail dlarson@kcoe.com.