UPDATE! The Comptroller's Office is still OPEN... and they are HELPING!  (The Comptroller is FULLY Operational...This data is HISTORICAL)

Posted by Mary Thomas, CPA-Attorney on Apr 16, 2020 9:14:15 AM

Busy Woman_ TT&T Blog

Here's some news you can use! 

The following information is broken down by taxpayer situation in Texas.  Refer to the state taxing authority in all governing states.  States have different policies.

UPDATE: Until further notice, if your audit package is dated March 26, 2020 or later, the Comptroller's office is tolling the period to request a hearing if you don't agree with your audit result.  They will send notification when they reestablish the 60-day deadline to request a hearing and once we receive this notice, we will again update this post.  Be sure you are subscribed to our blog so you receive notification when this change has been made.

TX Sales and Use Tax Return Filing Deadlines

Currently, the Texas Comptroller of Public Accounts has NOT extended deadlines to file your monthly sales and use tax returns.  Plan to file them on time.   The decision not to extend the filing dates may change as we move forward.  Other states have granted extensions.  Check with any pertinent jurisdiction.

Taxpayers Who Cannot Pay the Sales and Use (S&U) Taxes Due

For businesses that cannot pay the full amount of sales tax collected in February, the Comptroller is offering assistance.  Short-term payment agreements and, in most instances, waivers of penalty and interest are available.  Call the Enforcement Hotline at 800-252-8880 to learn more about options to stay in compliance and avoid interest and late fees on taxes due.

Taxpayers Being Audited by the Comptroller

If you are currently being audited by the Texas Comptroller of Public Accounts, your audit is probably still moving.  Auditors are working from home.  It remains imperative that you keep track of what is going on with your audit.  Speak with your auditor if you are having difficulty producing requested information.  They can tell you about measures in place to help you with that situation.

Taxpayers with Matters in Audit Processing, i.e. the Audit is Over and You Are Waiting for A Bill

See above.

The Comptroller is also offering a 10% interest reduction at this time if you would like to pay your audit in full.  You can call Randy Pitts at (800) 531-5441 ext 3-3963 for more information.  They are truly trying to work with all taxpayers during this critical time. 

As always, if you need help, don't be afraid to ask.  We are happy to speak with you for 30 minutes without a fee.  The only guaranteed way to get help is to ask for it so don't be shy!  These are challenging times and we are here to help.

Be safe and be well!

Topics: Sales Tax Audit, Goals, Business Management, State Tax, Business Owners

“The content of this website is intended to convey general information only and does not represent accounting, tax or legal advice or opinion. Because tax laws, policies, and applications are dynamic and fact-specific, please consult with a state tax professional for a complete analysis of law as it may apply to your specific situation at a particular time. If you require an in-depth review of a specific fact situation, please contact our offices to establish a client relationship for opinion and advice.”