IDC
specializes in Sales and Use Tax Services and
Economic Development Incentive Programs.
Sales
and Use Taxes
IDC
provides the following services related to Sales
and Use Taxes:
- State
Audit Defense and Representation
IDC
reviews State Audits and meets with appropriate
authorities on your behalf to discuss the
issues presented in the State's findings and
defend your rights and position as they relate
to those findings.
- Statutory
Post Audit Review and Evaluation of State and
Local Taxes
IDC
reviews your records for the period allowed
by law to determine proper application of
statutes and regulations to your specific
operations.
IDC
offers three types of statutory reviews to
assist you - Refund, Exposure, and Compliance.
Our
refund reviews determine any overpayments
of tax, related interest and benefits you
may be able to recover through a refund and
help prevent future overpayments. Our exposure
reviews determine any underpayments of tax
you may owe to help you prevent interest and
penalties associated with those underpayments
and future underpayments, interest and penalties.
These two reviews may be conducted independently
of each other or together for a full compliance
review.
- Periodic
Audit Review and Evaluation of State and Local
Taxes
IDC
reviews your records quarterly, bi-annually,
or annually to determine proper application
of statutes and regulations to your specific
operations, as well as provide more timely
feedback on tax issues and new developments
affecting your company to maximize your overall
benefits.
- State
and Local Tax Consulting Services
IDC
provides an accurate and timely source of
opinions and assistance. We assist in education
and training of your personnel. We provide
updated legislative changes, policy and precedence
issues, and notes on state and local taxes
as they affect your company. We work with
your current representation (i.e. CPA, attorney)
on issues requiring a more in-depth working
history and knowledge of state and local taxes.
We assist with conversions of accounting systems
to help you address tax issues that arise
as your new system is implemented to help
ensure quality tax compliance once your system
is operational.
Economic
Development Incentive Programs
IDC
provides the following service related to Economic
Development Incentive Programs:
- Administration
of Incentive Programs
IDC
works with you to determine if you qualify
for participation in incentive programs offered
in your area. We conduct the necessary research,
prepare applications, and perform any additional
filings on your behalf to ensure you have
met and continue to meet all the required
qualifications. This function is necessary
to ensure you receive the maximum benefits
available and to eliminate future risks associated
with participation in these programs.
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