Subject: DR-840 Florida Sales Tax Audit
Hi everyone,
I recently received a notice regarding a Sales Tax Audit scheduled to begin in 60 days. They are requesting that I gather records and books from the past three years in preparation. I have a question: if I discover any errors in my sales during this 60-day period, am I allowed to amend them?
Thank you!
One response
Hello,
Yes, you can amend mistakes found in your sales tax records during the 60 days prior to the Audit. In fact, it’s advisable to correct any errors you identify before the Audit begins. By doing so, you can present accurate records during the Audit and potentially reduce any penalties or interest that may arise from discrepancies.
Make sure to document all corrections and provide explanations if necessary. It’s also a good idea to consult with a tax professional or accountant who is familiar with Florida sales tax regulations to ensure that you’re handling everything correctly.
Best of luck with your audit preparations!