Subject: DR-840 Florida Sales Tax Audit Inquiry
Hi everyone,
I recently received a notice regarding a Sales Tax Audit scheduled to begin in 60 days. They’ve requested that I prepare my records and books for the past three years. I have a question: If I discover any errors in my sales during this 60-day period, am I allowed to make amendments?
Thank you!
One response
Hello,
Yes, you can amend any mistakes you find in your sales records during the 60-day preparation period for the Audit. It’s generally a good practice to correct any errors as soon as you identify them, especially when preparing for an Audit. By doing so, you can provide accurate information to the auditors and potentially mitigate any penalties that may arise from discrepancies.
However, keep in mind that if you amend your sales tax returns, you should also document the changes thoroughly and maintain a clear record of why those amendments were necessary. It’s also a good idea to consult with a tax professional or accountant who is familiar with Florida sales tax laws to ensure compliance and proper handling of the Audit.
Good luck with your audit preparation!
Best,
[Your Name]