Sales and Use Tax Exemption Services
Berman Hopkins "No Risk" Fee Arrangement
Our sales and use tax exemption engagements are 100% contingent fee based. We receive our fees only when we save your company money. Our goal is to require the least amount of time from your employees as possible. Typically, we provide staff onsite to pull necessary records and documentation. You pay only if we find tax savings for you.
Minimal effort from you. Maximum return from the process.
Qualifying Exemptions
As a manufacturer or company dealing with high-tech, defense or space research and development, you may qualify for any one or several of the following exemptions:
- Electricity and Steam
- Silicon/semiconductor technology
- Defense Technology
- Space Technology
- New and expanding businesses
- Industrial machine repair and maintenance parts and labor
- Space flight activities lease sales exemption
Actual Client Savings Examples
- Manufacturer - new business exemption savings: $380,000
- Manufacturer - expanding business exemption savings:$85,000
- Optoelectronic R&D - semiconductor exemption
savings:$50,000
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Exemption Process
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Feasibility
Berman Hopkins provides an analysis of the tax credit and availability.
Certification Process
Most credits require certification by Enterprise Florida, approval by OTTD and review by the Florida Department of Revenue prior to issuance of permits and/or refunds. Through our contacts in these departments, Berman Hopkins is able to forward these documents to the appropriate personnel and resolve any issues that may come up during the process.
Claim For Refund
Some credits are retroactive and thus there is an opportunity to apply for a refund. Berman Hopkins will prepare the applications for refund and assist in obtaining the vendor certifications necessary for the refund process.
Audit Assistance
In some instances, the Department of Revenue may audit the records of the taxpayer as they pertain to the use of exemption permits or the refund claim. Berman Hopkins will provide any assistance needed as it pertains to the exemption of refund claim.
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