“Preparing for the Inevitable Restaurant State Sales Tax Audit"

Article by Kevin Sweeney on "Preparing for the Inevitable Restaurant State Sales Tax Audit"

In an article published on September 25, 2020 in QSR Magazine, Philadelphia-based Chamberlain Hrdlicka shareholder Kevin Sweeney explains why restaurants can expect more aggressive sales tax
enforcement in the near future.

“Given the budget deficits these state and local governments are now facing, its taxing authorities are likely to begin encountering increased pressure to collect more revenue,” explains Sweeney. “Consequently, restaurants can expect more aggressive sales tax enforcement in the near future.”

Sweeney further explains that by taking proactive measures and understanding the sales tax landscape, restaurants can set themselves up to successfully defend against costly tax assessments and civil penalties against the restaurant, limit such exposure to the restaurant itself, and protect against possible criminal prosecutions.

It is important for restaurants to keep detailed sales tax records and enlist the assistance of tax professionals to minimize the potential consequences of the next wave of aggressive state sales tax enforcement.

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