Crichton Sales & Use Tax Consulting with money, gavel magnifing glass

Business Owners, CFO’s and Controllers!

 

• Some experts say there are about 9,600 sales tax

   jurisdictions in the U.S.

 

• Others say there are more than 12,000

 

• Colorado alone has over 300

 

• Like it or not, it’s your responsibility to know whether

   or not you must collect the sales or use taxes for any

   of them

 

If any of them decide that you should have collected

   their taxes and filed their tax returns, but you didn’t,

   you could be liable for tens or even hundreds of

   thousands of dollars

 

 

 

 

"I'm a CPA, but when my clients have sales and use tax issues, there is only one person I'll turn to and that's Keith Crichton. He is the authority on the subject and there is no close second"

 

Jeff Prager, Founder, Backroom Management Services, LLC

Sales and use taxes have become a gold mine for state and local governments, which are using much more aggressive audits.  In some cases there are no statutes of limitations on how far back they can assess, penalize and collect.  And there are evolving federal efforts to allow states to force out of state retailers to collect their sales and use taxes for them, which would open those retailers to audits by all states.

 

Crichton Consulting Services will help you determine what your responsibilities are, and solve any problems you may already have, even those you may not know about.

 

Get the answers.  Call us!  303.618.8993

 

About

Keith Crichton has over 25 years experience in tax consulting, corporate tax management and public accounting, especially in the income and sales taxes of all 50 states.  In recent years he has been a consultant providing accounting and tax services to multiple medium to large companies in the Denver area.  Prior to that he had been a tax and accounting consultant with a major international consulting firm, head of the tax departments for two closely held Denver companies with operations in multiple states.

 

In 2009 Keith formed Crichton Consulting Services, LLC to narrow his focus to only Sales and Use Taxes, and to apply his extensive multi-state experience to a type of tax that is frequently overlooked by many companies.  He assists small to mid-sized businesses with the challenges they face from the increasing number and intensity of Sales and Use Tax Audits being done by States, as well as City governments in Colorado.

 

Keith holds a Master of Taxation from the University of Denver, an MBA from the University of Colorado and a B.S. in Accountancy from Miami University in Oxford, Ohio.  He is a Certified Public Accountant and a Member of the American Institute of Certified Public Accountants, the Colorado Society of Certified Public Accountants and the Financial Executives Networking Group.  He enjoys traveling with his wife and their dogs, automobiles and auto racing, golf, music and movies.

Keith Crichton

 

" Keith helped us make gray areas more black and white in Denver city and county audit. He was extremely knowledgeable, responsive, understandable, patient and pleasant—a great guy who does great work."

 

Mary Schlener, Director of Finance, Redd Iron, Inc.

Services

For Business Owners, CFO's or Controllers

For CPA Firms and their Clients

The following is a sample of the types of services we provide.

 

 

For the Business Owner, CFO or Controller

 

NEXUS REVIEWS - Most likely you are focused on the day to day operations and growth of the business, not on sales taxes.  But as the business expands its operations, you may create sufficient connections with another state (or Colorado city) so that they can require that you collect their sales or use taxes.  This is called Nexus.  If a company is found to have Nexus, but has not collected sales or use taxes and filed returns, they can be held liable for the uncollected taxes for an unlimited period of time in the past.

 

A Nexus Review is a study of the operations of a business to determine if there are any locations where it makes business sense to collect sales or use taxes from customers and file returns.

 

AUDIT MANAGEMENT AND DEFENSE – in the past we have reduced assessments by as much as 80%.  We will also help prepare for an upcoming audit, and would prefer to do so, if possible.

 

VOLUNTARY DISCLOSURE AGREEMENTS – many states and cities have programs which allow a taxpayer to voluntarily declare that they should have collected and paid taxes but failed to do so.  In these cases penalties and the periods of time for which back taxes will be due are commonly reduced significantly.

 

TAX QUESTIONS – rapidly expanding businesses often want to know what products or services are taxable, and what their collection responsibilities will be before they begin an expansion into new states or Colorado cities.

 

TRANSACTION PLANNING – just like income tax planning, when a business has a significant transaction upcoming which involves tangible personal property, then sales taxes should be considered in addition to other taxes.  Further, the definition of tangible personal property varies from one location to another.

 

 

For CPA Firms and their Clients

 

Crichton Consulting Services, LLC is a CPA firm that specializes in the sales and use taxes of every state.  We do not provide any advisory or compliance services related to income, franchise, property or other taxes, nor do we provide other types of accounting services.  We will partner with you to provide you or your clients with sales and use tax services not commonly offered by most CPA firms.

Crichton Consulting Services, LLC is dedicated to helping you:

 

determine if you should be, or should have been collecting sales taxes

if the answer is yes, help you decide what to do, and then do it

if the answer is no, then help you establish procedures to stay that way

resolve any existing issues or audits

avoid potential issues in the future

answer technical questions that others have not been able to resolve

prepare for an upcoming audit

apply for a refund if you have overpaid taxes in the past

plan for a future transaction

 

  Get the answers!  Call us! 303.618.8993

 

bag of tax money

"Keith is a definitive expert in sales, use and personal property tax; Keith is someone I refer to other income tax professionals like me. He is very timely, helpful and excellent resource for smaller income tax firms like ours, especially with multi-state issues."

 

Daniel Giordano, Principal, DCG CPAs

Key Questions

wallet and tax receipt

"I have had occasions where clients have encountered sales and use tax issues. By using Keith's expertise, these matters have been resolved, and I would not hesitate using him again when these issues arise."

 

David Hansen, Plummer & Hansen Corporation, Management Consulting Firm

"Our company used Crichton Consulting to assist with a City of Denver audit as well as a complex research project.  Keith was extremely knowledgeable, responsive and an expert in the sales tax field.  We would highly recommend Keith to anyone needing sales tax assistance."

 

Christine Kennedy, Chief Financial Officer

M2 Lease Funds, LLC

 

We provide a free initial consultation to help address sales and use tax issues in Colorado, or any of the other 45 states which have sales and use, or transaction taxes.

 

We can share strategy, talk tactics, and rough out an appropriate game plan.

Find out where you stand.  Contact Crichton Consulting Services to start the conversation.

Contact

6075 S. Filbert Court

Centennial, CO 80121

 

303.618.8993

www.crichtoncs.com

We provide a free initial consultation to help address sales and use tax issues and the handling of past, present and/or prospective challenges. As part of this initial session, we will advise about whether or not our services make financial sense in your particular situation.

handful of money

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