Tax function of the future: State tax predictions – Impact of escalating state audit activity and controversies

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Audit and Controversy

This article focuses on the increasing burdens placed on the tax function by the escalation of state audit activity and controversies. As we explore these developments, we offer practical steps for companies to position themselves to meet these challenges.

As we see it, there are three primary drivers to the expanded audit and controversy environment:

  • continuing state budget challenges
  • the proliferation of technology
  • the lack of guidance on state conformity to federal tax provisions

The impacts of these developments will become more pronounced as state tax authorities look to close budget gaps and transform their audit and technology productivity. 

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Peter Michalowski

Peter Michalowski

State and Local Tax Leader, PwC US

George Famalett

George Famalett

Partner, National Indirect Tax Leader, PwC US

Jack Kramer

Jack Kramer

National State Income/Franchise Leader, PwC US

Janet Gagliano

Janet Gagliano

National Abandoned and Unclaimed Property Leader, PwC US

Tom Geppel

Tom Geppel

National Employment Tax Leader, PwC US

Brian Rebhun

Brian Rebhun

Asset Management Tax Leader, PwC US

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