Wisconsin – Field Audit Publication Revised

SALT Report 1916 – The Wisconsin Department of Revenue has revised its publication on field audits. The updated guide provides information on appeals, seeking representation, the imposition of interest and penalties, refund requests, and the rights and responsibilities of the Department and the Taxpayer.

If a Taxpayer is chosen for a field audit, the Department will notify the Taxpayer by mail to request an initial meeting. ¬†At that point the auditor will conduct a detailed examination of the Taxpayer’s records to verify that the Taxpayer is reporting the correct income, sales, purchases, inventories, and deductions on their returns.

However, in some instances, the auditor may obtain information from other sources, such as banks, creditors, and suppliers, to verify items on the returns.

For Further Information:

Wisconsin Department of Revenue – Publication No. 501