5/6/2015
Press Release: Pushing Back on DOR Small Business Audits This bill effectively sets a definitive timeline for an audit, changes the burdensome 12% interest rate to a market rate, allows for a first time audit "learning experience" with 0% interest if no intentional defrauding of the system is suspected, and freezes the interest from compounding at the beginning of the audit.
5/6/2015
Bill Text: Pushing Back on DOR Small Business Audits This bill effectively sets a definitive timeline for an audit, changes the burdensome 12% interest rate to a market rate, allows for a first time audit "learning experience" with 0% interest if no intentional defrauding of the system is suspected, and freezes the interest from compounding at the beginning of the audit.