I Serving Clients Nationwide I
Case Studies
State cancels a personal liability assessment on corporate officer.
A sole owner of a Company found himself in the middle of a California sales and use tax audit while he was in the process of closing his business. Since the business was being dissolved, the owner of the Company chose not to defend against the audit under the mistaken belief that the business was closing anyway and there would be nothing the State could do. The State ended up issuing a $2.7 million dollar assessment against the Company. As the Company had been dissolved, the State subsequently issued a $2.7 million dollar personal assessment against the sole owner of the Company.
The owner of the defunct business called Olivier & Associates for assistance. We approached the State in an attempt to settle the matter and argued the State was unable to legally hold our client personally liable due to the surrounding facts and circumstances of the case. Based upon our argument, the State realized it had no case and dismissed the total $2.7 million assessment against our client.
The result: : Even though our client was the sole owner of the business and responsible for and authorized to do everything in connection with the business, through our due diligence and research we successfully obtained a cancelation of the entire assessment.
>>> more case studies
Contact us today for a no-obligation consultation about your Sales & Use Tax issues.
