Alliance Laundry Systems
Uncovering a 6-figure refund
$
In overall savings
After a sales and use tax audit, Alliance Laundry Systems faced a $100,000 assessment. Wipfli reviewed the manufacturer’s audit findings and uncovered a six-figure refund opportunity instead.
The Challenge
The state of Wisconsin conducted a four-year sales and use tax audit of Alliance Laundry Systems, resulting in a $100,000 assessment. Company leaders didn’t work at Alliance during the years under audit and needed expert tax advice and support.
The Solution
Wipfli stepped in to scrutinize the state’s analysis of Alliance’s purchases and review the company’s transactions. Wipfli identified errors in the auditor’s proposed adjustment and uncovered new refund opportunities. Wipfli also helped Alliance establish processes and procedures to improve future sales tax reporting.
We were hoping to at least cut the proposed assessment in half, so we were more than a little excited when Wipfli helped turn the audit bill into a refund.
The results
Instead of a substantial tax bill, Alliance secured a net refund of nearly $100,000 at the audit level, for a total savings of over $200,000. And with improved processes in place, the company’s sales and use tax liability is paid more accurately, and leaders have greater confidence in their systems.
