CPA reviewing FDOR sales tax audit calculation for Florida restaurant, challenging markup number.

Challenging FDOR Markup Audits: Expert CPA Strategies

When the Florida Department of Revenue uses the markup method, it estimates your restaurant’s sales from your purchases and treats any shortfall as unreported and taxable. That estimate rests on assumptions that are frequently wrong: the markup percentage, the sample period, and the reductions left out. A CPA reviews the audit by reconciling the auditor’s

Florida Sales Tax Audit Defense: How a CPA Reviews FDOR’s Markup Calculation Read More »