Sales Tax (CFST)

The Certified Audit Program gives taxpayers the opportunity to hire qualified CPA firms to review their sales and use and local option tax compliance. As an incentive to incur the cost of a certified audit, penalties are waived and interest abated if tax is owed as a result of the audit. Additionally, except in cases of fraud or misrepresentation, the Department will not audit taxpayers for the same year(s) or tax covered by the certified audit.

What Are the Benefits to the Taxpayer?

  • Taxpayers receive a waiver of all penalties, abatement of the first $25,000 of interest and an additional 25 percent of any interest liability in excess of the first $25,000. (These incentives do not apply where tax was collected but not remitted.)
  • Once the Certified Audit Report is approved by the Department, the taxpayer will not be audited for sales and use tax for the year(s) covered by the audit, unless it is later determined there was misrepresentation or fraud.
  • The cost of hiring the CPA firm is deductible as an ordinary and necessary business expense.

If you need assistance, please contact us at 1-855-STROEMER or AngelaR@StroemerCPA.com, se habla espanol.

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