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’ve requested that I prepare records and books for the past three years. I’m wondering: If I discover any mistakes in my sales records during this 60-day period, am I allowed to amend them?
Thank you!
One response
Hello,
Yes, if you discover mistakes in your sales records during the 60-day preparation period for your Florida sales tax Audit, you can amend those errors. It’s generally a good idea to correct any discrepancies before the Audit begins, as this can help clarify your position and potentially reduce any penalties or additional liabilities identified during the Audit.
When making amendments, ensure you have accurate documentation and clear calculations that support the adjustments. Additionally, it may be helpful to consult with a tax professional or accountant who has experience with sales tax audits in Florida to guide you through the process. This can help ensure you handle the situation appropriately and mitigate any potential issues.
Best of luck with your audit!