What happens if underpayments are discovered during the audit?
A – The typical scope of a reverse audit is limited to locating areas where you have overpaid tax and retrieving those overpayments. However, during the course of the audit, underpayments may come to the attention of the auditor. These instances, along with recommendations for strengthening your compliance system, will be discussed with management. We understand and respect the desire for confidentiality in these matters and strictly adhere to this request.