Negotiations Result in 53% Reduction of Audit Findings

National Retailer

A large national retailer engaged INTAX to appeal audit results for 20-plus locations spanning 4 years. The initial audit assessment totaled more than $240,000. The review of the audit workpapers was cumbersome given the number of locations and years involved. Our review indicated several misclassifications of real property as personal and aggressive useful life classifications that favored the jurisdiction. We negotiated extensively with the jurisdiction and eventually reduced the audit liability by 53%. Total personal property tax savings for all years under audit exceed $126,000.