Georgia Sales Tax Audit Techniques
Audit Techniques Interview Procedures Business Observation Procedures Verification of Records Formula for Analysis:Total Gross Receipts ÷ Number of Days the Store was Open = Average Daily Sales.This can be compared to the sales on the day the examiner toured the business. Cash Deposit Verification External Verifications Credit Card Transaction Testing Frequently Asked Questions What is […]
Atlanta Convenience Store Sales Tax Audit
Overview of Convenience Stores Convenience stores, mini-marts, and bodegas are small-sized stores that offer a limited range of grocery, drug, and snack items people are likely to need or want as a matter of convenience. Most convenience stores are located on busy street corners or in gas stations, where they can be utilized by both […]
Atlanta Restaurant Sales Tax Audit
Overview of Atlanta Restaurant Sales Tax Atlanta Restaurant Sales Tax Audit is 8%. Meals taxes generally apply to purchases of prepared food that are: In contrast, sales of groceries (or “non-prepared food”) are: Meals taxes are usually locally imposed but are sometimes imposed at the state level. Justifications for Prepared Food Taxes These high “prepared […]
Georgia Sales Tax Audit on Food
Overview If your store or restaurant is being audited by the Georgia Department of Revenue (DOR), you need to understand the distinctions between cooked food, uncooked food, and grocery items. If you are selling all three types of items, it’s essential to separate these transactions clearly on your sales invoices and cash register. Failure to […]