42-2303. Managed audit operations;
appeal
A. The taxpayer or the taxpayer's representative shall furnish written findings of
the managed audit to the director.
B. The director shall review the written findings and may examine records and
perform other reviews that the director deems necessary to verify that the managed audit
substantially conformed to the terms of the managed audit agreement. After performing the
review under this subsection, the director shall accept or reject the findings of the
managed audit and issue a notice of determination.
C. If the director accepts the managed audit findings, the director shall assess
any deficiency or issue any refund that results from the managed audit pursuant to
section 42-2304 in the manner described by sections 42-1108 and 42-1118.
D. If the managed audit results in a notice of determination that the taxpayer
disputes or if the director rejects the findings of the managed audit, the taxpayer may
appeal the notice of determination. The taxpayer has the same appeal rights under this
section as if the department conducted the audit.
E. The taxpayer and director may agree to a closing agreement under section 42-1113
to resolve any issues or amounts that are disputed.
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