(previously called the Board of Equalization)

If you have been informed that you will have a Board of Equalization audit performed against your business, it is vital that you have a team to represent you. The experts at Leading Tax Group are here to help you and provide you with the representation and guidance you need from start to finish. Our expert tax attorneys in CA are experienced in Board of Equalization audits and will assist you through the entire thing. Call our office now to receive a FREE consultation. When you must undergo a Board of Equalization (now called CDTFA) audit, you need to be prepared. Companies should have their resale certificate handy and current or else they may not receive relief from their liability for tax. What this means is that your company may still be found liable for a tax debt, which is payable immediately to the IRS. If you do not have the proper resale documentation needed, the auditor may require your company to complete many forms. The auditor will typically provide you with the required forms for you to fill out. It is important that you speak with an experienced tax attorney in CA before you fill out the forms on your own. If you have any questions about the forms, now is the time to get in touch with us and inquire about them. We are the Board of Equalization audit (now called CDTFA audit) experts in CA – call our office now.

XYZ Letter Process and What to Expect

During a Board of Equalization audit (now called CDTFA audit), you will receive about four weeks to prepare and send in all of the XYZ forms and any appropriate documentation along with it. It is recommended that all forms be completed in their entirety and sent back to the Board of Equalization or California Department of Tax and Fee Administration. If you fail to send in the proper forms or you fill them out incorrectly, once the timeline for delivery has passed, the Board of Equalization (now called CDTFA) will determine the tax liability of the sales and methods in question. Sometimes, if a customer is no longer in business and the taxpayer is unable to obtain the information needed, the sale is often considered a sale for resale. You do not want to be stuck in a position where you cannot show who made purchases or where the money went. It is important to keep thorough and accurate records of all sales, for this purpose.

Contact Our Office Today

Whether you have just discovered that you will be part of a Board of Equalization (now called CDTFA) audit or you have questions about an existing audit, it is time for you to sit down and call Leading Tax Group. We are here for you and we will provide you with the information and help you need. Our expert tax attorneys in CA are ready to speak with you. Call our office today!