Technology continues to be a significant part of our day to day business lives. Just as this is true for our business, the same is true for state taxing authorities. State taxing authorities continue to evolve their audit methodologies to achieve the goals of gaining efficiencies in managing audits and effectively determining the appropriate level of tax liability. As with any “technology change” there are challenges that taxpayers are facing in defending audits where electronic data requests and audit procedures are incorporated into the audit. This article will address some of the challenges faced in handling electronic records requests.
Length: 2 pages (PDF 134 kB)