I was issued a Notice of Estimated Determination for unfiled sales tax returns, how does the state calculate this massive estimated balance and how do I correct it?

Question

Kohari Gonzalez Oneyear & Brown · Accepted Answer

A Notice of Estimated Determination for unfiled sales tax returns often reflects the state’s attempt to estimate liability when records or filings are missing, and the amount can grow quickly if the estimate is based on reported gross receipts, industry averages, prior filing history, or penalties a For an answer applied to your exact numbers, bring this question to a licensed KGOB CPA in a focused session and leave with a clear next step.