You open the letter from the state Department Of Revenue (DOR) with a heavy heart. Your company has been selected for another state sales tax audit for “potential risk of underreporting and/or underpaying sales, use, corporate and/or withholding taxes.” Not now, you think. We don't have time for an audit with everything else going on in the business.
Take a deep breath. Creating a detailed action plan complete with negotiation points will help get the best audit outcome possible.