Refund Study

There's a strong likelihood that your business is paying too much sales and use tax on its purchases.  Many businesses are unaware of potential sales tax exemptions or are just unable to take full advantage of these tax saving opportunities due to deficiencies in personnel, training or simply time.

Our SALT team has considerable experience identifying sales and use tax overpayments and securing refunds for our clients from both suppliers and taxing authorities in many states.  We have successfully recovered over $14,000,000 of overpayments for businesses of all sizes in various industries, including: aerospace, automotive, banking, consumer products, energy, food & beverage, manufacturing, medical devices, printing and technology.

  • Recovered $47,000 of New York sales tax overpayments on electricity and natural gas used in manufacturing
    – Packaging Products Manufacturer
  • Recovered $75,000 of Washington sales/use tax overpayments on incorrectly taxed sales
    – Battery Manufacturer
  • Recovered $72,000 of New York sales/use tax overpayments
    – Healthcare Products Manufacturer
  • Recovered $20,000 of New York sales tax overpayments on electricity and natural gas used in manufacturing
    – Sensor Manufacturer
  • Recovered $322,000 of New York sales/use tax overpayments on electricity and natural gas used in manufacturing and research & development
    – Medical Device Manufacturer
  • Recovered $67,000 of sales/use tax overpayments in multiple states
    – Thin film coating business
  • Our SALT team has recovered or saved over $14,000,000 of state and local sales/use taxes for our clients across the U.S…
    – Tronconi Segarra & Associates LLP
  • Recovered a net refund of $456,000 resulting from a New York sales/use tax audit
    – Metal Manfufacturer
  • Recovered over $2,300,000 of sales/use tax overpayments in New York and Pennsylvania
    – Financial Institution
  • Recovered over $110,000 of Indiana sales tax overpayments on electricity used in manufacturing
    – Medical Device Manufacturer
  • Recovered $135,000 of New York sale/use tax overpayments
    – Dental Products Manufacturer
  • Recovered $143,000 of Indiana sales/use tax overpayments
    – Commercial Printer
  • Recovered $20,000 of New York sales tax overpayments on electricity and natural gas used in manufacturing
    – Healthcare Products Manufacturer
  • Recovered $36,000 of New York sales/use tax overpayments to offset an audit assessment
    – Fuel Manufacturer
  • Recovered $191,000 of New York sales/use tax overpayments
    – Tire Manufacturer
  • Recovered $380,000 of Colorado sales/use tax overpayments
    – Commercial Printer
  • Recovered $15,000 of New York sales tax overpayments on electricity and natural gas used in processing food
    – Small Grocery Store Chain
  • Recovered $117,000 of Iowa sales tax overpayments on electricity used in manufacturing
    – Defense Contractor
  • Recovered $289,000 of Minnesota sales/use tax overpayments
    – Commercial Printer
  • Recovered $130,000 of Indiana sales tax overpayments on electricity and natural gas used in processing
    – Thermal processing and metail joining business
  • Recovered $792,000 of North Carolina sales/use tax overpayments
    – Commercial Printer
  • Recovered $63,000 of Pennsylvania sales/use tax overpayments on natural gas used in processing
    – Thermal processing and metal joining business

At the same time, we understand that filing a refund claim for overpayments may not always be the best idea for your business, especially if your business is underpaying sales and use tax on purchases as well.  We take the time to identify potential exposure during our review and will meet with you to discuss and evaluate both over and underpayments of sales and use tax before filing a refund claim.

Contact us today at StateandLocalTaxTeam@tsacpa.com to discuss having our team review your purchases to determine whether your business is leaving sales tax dollars on the table.

Read
Sales Tax Refund Opportunities

Paying the correct amount of sales and use tax is a critical issue for many businesses.  Companies do not want to create potential liabilities by not collecting tax on sales; but at the same time, these businesses should also be concerned that they are not overpaying or remitting too much sales and use tax on their purchases.

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