Investor Presentaiton
Audits and Reviews
Any business, whether licensed or unlicensed, may be selected for an audit or review. Audits and reviews are routine
procedures used to determine if taxes were correctly reported and paid.
Our auditors and agents will do their best to minimize any disruption of your business during the audit or review.
Prior to the audit or review, an auditor or agent will contact you to set up a time to check your books and records. You
will need records to allow the auditor or agent to confirm the accuracy of your tax returns.
If, after reviewing your books, an auditor or agent determines that taxes are due, you will be assessed the additional tax
and interest. The auditor or agent will discuss both the procedures used and the differences identified. You will have an
opportunity to review the results and discuss them with the auditor or agent before any assessment is issued.
In occasional cases where the errors in filing a return were fraudulent, returns were not filed, no taxes were paid, or the
law was otherwise broken, criminal charges may be filed in addition to the interest and penalties assessed.
Taxpayer's Bill of Rights
1. You have the right to confidentiality.
2. You have the right to tax information written in plain language.
3.
You have the right of appeal.
4. You have the right to courteous, prompt, and accurate answers to your questions.
5. You have the right to be certain that performance goals or quotas do not influence collection procedures or
assessments.
6.
You have the right to rely on the written advice given to you by the Department of Revenue.
7. You have the right to be notified before the department audits your records unless the Secretary of Revenue
determines that a delay will jeopardize the collection of tax.
8. You have the right to clear and consistent policy regarding the deadlines for filing tax returns and making
payments.
9. You have the right to seek a refund of any taxes you believe that you have overpaid within the last three years.
10. You have the right to a process requiring a person no lower in authority than the division director approve the
seizure of your property for taxes.
11. You have the right to expect that a good-faith effort to comply with tax laws will be given consideration in
disputed cases.
12. You have the right to a tax credit of interest or penalties that are determined to have been inappropriately
levied.
13. You have the right to the removal of a lien on your property within 30 days after you have paid all tax, penalty
and interest due.
14. You have the right to have the South Dakota Department of Revenue correct the public record.
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January 2022
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Sales and Use Tax Guide • South Dakota Department of RevenueView entire presentation