Recent Successes

Case Study- Sales and Use Tax Audit Support

Allyn offers tailored audit management services that address all elements of the audit from start to finish. We leverage our team’s multi-state tax experience, expertise, and best practices to regularly achieve savings in excess of six figures.

Allyn provided sales and use tax audit support for a heavy equipment leasing business under audit in the state of Mississippi. The project included proving the accuracy of the taxability $636,202 in sales as reported on its sales tax returns and a review of the related data.

Customer Challenge:

  • Balance income tax receipts and gross receipts from sales tax returns as pertain to Mississippi for a multistate business
  • Review prior sales tax returns and associated data for overpayments or underpayments during the audit period
  • Maintain consistent communication between the client and the auditor

Allyn Solution:

  • Balance the income tax receipts with gross receipts by reviewing all sales tax returns and data associated with Mississippi operations
  • This provided a clear report to send to the auditor detailing our client's activity in the state
  • Communicate directly with the auditor to resolve issues, reduce miscommunications, and save the client time
  • Use industry software, summary reports, and data analytics to successfully review all sales tax returns and data in audit scope

$0 Total Taxes Owed Under Audit After Allyn Support


Case Study- Sales and Use Tax Audit Support - Exemption Certificate Expertise

Allyn offers tailored audit management services that address all elements of the audit from start to finish. We leverage our team’s multi-state tax experience, expertise, and best practices to regularly achieve savings in excess of six figures.

Allyn provided sales and use tax audit support for a heavy equipment leasing business being audited in the state of California. The project focused on issues related to invalid, expiring, or altogether missing exemption certificates. Additional support was provided for invoice review, and review of previous returns and associated data.

Customer Challenge:

  • Reduce the audit liability related to missing or invalid exemption certificates
  • Review invoices for taxability
  • Review prior sales tax returns and associated data for overpayments or underpayments during the audit period
  • Maintain consistent communication between the client and the auditor 

Allyn Solution:

  • Review gaps in records for missing, expired, or invalid exemption certificates
  • Research prior records to determine the applicable certificate
  • Coach client customers in parameters of an appropriate certificate for submittal
  • Provide the client with alternative solutions for certificates with missing information
  • Review all invoices provided during the audit in conjunction with state statutes and regulations to validate taxability
  • Use industry software to summarize data reporting
  • Communicate directly with the auditor to resolve issues, reduce miscommunications, and save the client time.
  • Reclassify invoice codes to prevent future issues

$2,086,008 Tax Savings Related to Exemption Certificates

$111,896 Additional Audit Savings


Client Testimonials

  • "Allyn International supported us in determining the appropriate certificates to request from our customers as we begin collecting taxes in a few states. The service we received was very professional and worthy of mention. Our experience with Allyn was extremely valuable to our organization. We will not hesitate in the future to request their service which we recommend to all businesses who require Tax Specialists." 
     
  • "Our business didn’t have all the necessary tax exempt certificates from our customers on file. In cooperation with the team at Allyn we worked out a process to collect these from about 800 customers and got our system updated accordingly. Now with Allyn managing the data, we have peace of mind and are in much better shape than 2 years ago."
     
  • "Whenever tax questions or issues arise, we can count on Allyn for prompt and valuable feedback. Thanks to this cooperation we have learned so much more and feel that we can handle questions from our customers in a professional manner.”


Recent Successes

  • Provided multi-state audit defense resulting in tax liability reductions of $7,120,000     
     
  • Completed a physical inventory and valuation of a US heavy equipment manufacturer’s Texas branch, appealed the personal property tax assessment, and received a refund of $65,000 in tax    
     
  • Developed a state of the art web-based exemption certificate management system (TIMS™) applicable to all types of business to optically scan, store, renew, validate, and generate exception reporting, currently housing 15,000 exemption certificates
     
  • Performed exemption certificate management services for a large US rental equipment corporation in all states resulting in $150,000 tax liabilities avoided     
     
  • Reviewed 3,600 credit memo requests, determined taxability, issued credits, and filed refund claims with taxing jurisdictions resulting in $1,721,200 tax received 
       
  • Recovered refunds of $1,400,000 based on use tax overpayment reviews (reverse audits)    
     
  • Relocated and reorganized a leading corporation’s sales and use tax compliance operation uncovering more than $2,000,000 in tax overpayments in the process    
     
  • Reviewed a major truck manufacturer’s Indiana adjusted gross income tax and obtained an $800,000 tax refund    
     
  • Identified a client’s accounting error resulting in a sales and use tax audit liability savings of $300,000 and additional income tax savings after return amendments    
     
  • Facilitated $100,000 tax recovery related to bad debts    
     
  • Obtained 30% personal property tax reduction for a significant clothing retailer for all Florida locations    
     
  • Averaged 35% tax reductions for audit liabilities compared to prior audit liabilities