Privilege, Sales, Use and Transaction Taxes
"Pivotal has demonstrated an in-depth understanding of the state and local tax issues affecting the utility industry and has been able to work well with key departments personal to obtain favorable resolutions on significant refund claim."
Manager, Corporate Taxes
Pivotal offers a comprehensive line of multi-state sales, use and transaction tax services. These innovative services are designed to help our clients minimize transaction taxes and to recover any overpayment of taxes that may occur because of a change in the law, judicial decisions,and administrative rulings to name a few. Pivotal will work closely, on our clients behalf, with the states, counties and municipal taxing jurisdictions throughout the United States.
Reverse audit and Refund claim for Sales & Use Taxes
To reduce sales tax and use tax liabilities and to recover refunds, Pivotal performs reverse audit and refund claim filing to discover bottom-line improvement opportunities. Our process involves examining company financial records, documenting errors and scheduling sales and use taxes paid in error. While conducting a sales and use tax reverse audit or refund claim, Pivotal determines and quantifies the areas of refunds and, based upon the facts and circumstances, Pivotal offers the most advantageous solutions to obtain the funds for our customers.
Sales and Use Tax Audit Defense
The sales and use tax audit of corporate taxpayers by state auditors is a rapidly increasing practice in many states. These state auditors typically take aggressive positions on notoriously gray tax issues to maximize sales and tax revenues and to increase the frequency and scope of the audit. Pivotal assists companies with pre-audit reviews, audit management, and audit defense. By managing or taking control of the sales and use tax audit, Pivotal eliminates time spent by accounting personnel who are not familiar with the audit process, changing sales tax laws, and use tax laws and court cases, thereby reducing exposure for our customers.
Contract Reviews
Pivotal professionals are trained to review large contracts for equipment purchases as well as construction contracts. Contract reviews done prior to the signing can help customers structure contracts to minimize sales and use tax consequences. They also help ensure that the exemptions will be available after the contract is complete.
Nexus Studies
When the customer receives a questionnaire from a state to which they send goods, the Pivotal team helps determine when and where the customer should be collecting or remitting sales and use tax, using a multi-state review process.
Private Taxpayer Rulings
Occasionally a taxpayer wants the benefit of a Private Taxpayer Ruling on an issue specific and unique to a business or industry. Pivotal has the experience and expertise in seeking these types of specific ruling request.
Consulting Services
Pivotal reviews the latest sales and use tax rule changes, court cases, or state policy changes for any transactions of concern. The team renders an opinion, or asks for a private letter ruling from the state based on our customer's fact case.
Taxability Manual
Pivotal can provide a comprehensive taxability decision matrix specifically for our clients' industry. This would assist tax and accounts payable personnel in properly paying and accounting for tax payments and liabilities.
