TITLE

States' Use of Third-Party Tax Auditors, Contingent Fee Auditors, and Tax Bounty Hunters

AUTHOR(S)
Barry, Jeremiah
PUB. DATE
November 2011
SOURCE
Journal of State Taxation;Nov/Dec2011, Vol. 30 Issue 1, p35
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article discusses the trend over the use of outside auditing firms by state and local tax authorities to ensure taxpayer compliance on a contingency-free basis. It notes that the delegation of audit authority for third-party auditing firms are contingent-free arrangements wherein the firm is paid through the fees charged at a percentage of tax liability. Accountants are concerned over the finding of tax liability that creates a certain degree of uneasiness amongst taxpayers.
ACCESSION #
67232498

 

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