Managed Audits/Direct Pay Agreements
It may be advantageous for companies to perform managed audits and remit sales tax pursuant to direct pay authority. Managed agreements determine agreed upon audit procedures between state agencies and companies and permit most audit work to be performed in-house, resulting in savings of time and expense. Direct pay authorities provide flexibility and control to companies purchasing large quantities of mixed usage items and taxable and nontaxable items. GBQ can assist your company in applying for direct pay authority and negotiating managed audit agreements in relevant jurisdictions.