So, your company or client got audited by the Kentucky Department of Revenue (DOR), and it will not be a no-change audit. Instead, the DOR has informed the taxpayer that they will receive an assessment. What do you do?
Changes to the nation’s tax system are on the horizon, and one of the biggest impacts will likely be a reinvigorated, well-funded IRS. And a well-funded IRS certainly means an increase in IRS audits. Businesses and high-income individuals would be well-advised to get their houses in order ahead of a potential wave of aggressive IRS reviews of tax returns and the consequent audits.
