We advise clients on issues involving taxable nexus, the appropriate characterization of various goods, services and transactions, the entitlement of statutory exemptions, and the proper application of sales tax in restructuring transactions. In addition to providing counsel on drop shipments and service transactions, we have unique depth in structuring specialty leasing and acquisition transactions for large capital acquisitions, such as aircraft and barges.
Clients often retain our services to perform refund reviews or "reverse audits". Reverse audits involve an on-site, detailed review of accounting records and an examination of purchasing transactions for potential tax refunds. We frequently augment resource-limited corporate tax departments to take advantage of these opportunities before statute periods expire.