Tax Consulting Services for the Automotive Industry
Welcome to DSF, your trusted partner in tax consulting for the automotive industry. With over two decades of experience, we specialize in sales tax consulting, helping businesses identify and recover overpayments effectively.
Our Process
At DSF, we follow a meticulous process to ensure maximum recovery of overpayments:
- Quantification and Support: We begin by determining the most efficient and acceptable method to quantify and support overpayments for each tax jurisdiction. This involves detailed analysis, considering factors such as actual basis, sampling, and more.
- Detailed Testing and Documentation: Our team performs thorough testing and obtains all necessary source documentation for credits and overpayments identified in the initial phase.
- Vendor Verification: If required, we conduct vendor verification or confirmation to validate tax payments, ensuring accuracy and completeness.
- Claim Preparation and Filing: We prepare detailed claims and refund reports for all overpayments. Upon approval, we file all required claims for refunds or supporting documentation with the appropriate tax jurisdiction on behalf of our clients.
Audit Support
In addition to our core services, DSF provides comprehensive audit support. Should your business face a tax audit, our experienced team will assist throughout the process, providing guidance, documentation, and representation to ensure a smooth and favorable outcome.
Management and Findings Report
Upon the conclusion of the project, DSF delivers a comprehensive Management and Findings Report to the client. This report includes:
- A detailed description of the tax recovery study methodology utilized during the engagement.
- A summary schedule of the recovered tax overpayments.
- Complete documentation, analysis, research, and schedules prepared by DSF to support the tax overpayments.
- An overview of any potential tax exposure identified during the course of the engagement.
Client Training
As part of our commitment to client satisfaction, DSF provides two hours of training for client staff. This training assists in the development and implementation of new reporting procedures to correct any overpayments and optimize tax processes for the future.
At DSF, we are dedicated to delivering exceptional results and maximizing tax savings for our clients in the automotive industry. Contact us today to learn more about how we can assist your business.
