Transactional Consulting

As a gross receipts tax where liability for the tax often falls on the seller, significant exposure can exist for businesses that do not proactively understand their sales and use tax compliance obligations. 

  • When do I need to register to collect tax in another state? 
  • Do I owe sales tax on the purchase of a business? 
  • I acquired a new production line from a vendor outside of the US; do I owe tax on this purchase? 

Understanding the answers to these and other compliance questions can mean the difference between a good year and a bad year.

At DSF, we have consulted with thousands of clients on questions like these to help our clients reduce their exposure.  We know what facts need to be explored and what research applies to determine the applicable answers and solutions.  Sometimes, a simple transactional question can lead to other opportunities to reduce costs, obtain refunds, or avoid unnecessary registration and filings.