Managed Audit

What is a Managed Audit?

A managed audit is a variation on the traditional field audit. It’s an opportunity to come forward voluntarily and declare unreported or underreported income and pay back taxes owed without incurring penalty. In addition, interest is not assessed as long as the...

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What tax types are eligible for a managed audit?

Most of the state taxes and fees administered by TRD under the Tax Administration Act are eligible. These programs include, but are not limited to, personal income, gross receipts, withholding tax, liquor excise, corporate income and franchise tax, workers’...

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