Print Friendly, PDF & Email

Johnson & Bell Shareholder, Mark D. Belongia, successfully resolved a sales tax audit of his client, a vending machine company, saving the client over $100,000.  The Illinois Department of Revenue (IDR) said that its audit disclosed that our client owed $220,000 in unpaid state sales tax over an 18-month period. Belongia disputed the outstanding claimed amount and agreed to participate in the agency’s new fast track non-binding resolution process set up in order to resolve taxpayer disputes in a quicker and less expensive manner.  After a full day negotiating with the IDR and working with the IDR’s facilitator, our client agreed to pay $110,000 to resolve the sales tax dispute which included having over $13,000 in late charges abated by half.

Related Item:

Belongia Leads $5.7M Financing Transaction for Air Transportation Company