At the end of an Audit, you can have an informal meeting called an Exit Conference with an Audit Supervisor to review the work papers prepared by the auditor. You may submit additional information to challenge the auditor’s findings. In most cases, you and the auditor can agree on an acceptable tax amount.
The Exit Conference can take place between the taxpayer (and his or her representative) and the auditor, supervisor and/or manager(s). The purpose is to give each side the chance to discuss the facts of your case and the laws and rules that apply.
Your representative must be authorized (i.e., have Power of Attorney) to appear for you and/or make tax-related decisions on your behalf.
You should submit proof to support your position on all of the audit issues you wish to discuss prior to the date of the Conference.
You must be willing to sign a waiver to extend the statute of limitations for an assessment if that statute is about to expire. The Audit Division will not schedule an Exit Conference if the deadline for an assessment is approaching and you do not provide a waiver.
If the Audit Division and taxpayer reach an agreement, you then sign a Consent to Audit Adjustment(s) or a Consent and Waiver, pay the balance due, and receive a Notice of Consent Determination.
If no agreement is reached, a formal Notice of Determination will be mailed to you. You may then either pay, or file for a conciliation conference (an informal hearing) or formal review before the Tax Appeals Tribunal.