Income and Sales Tax Audits by the Comptroller of Maryland

Frost Law attorneys Rebecca Sheppard, Esq., and Robert Braland, Esq., join ALFi for a session on how the Comptroller of Maryland examines income tax and sales and use tax returns, and how practitioners can protect their clients at each stage of that process.

The Comptroller's statutory examination authority under the Tax-General Article sets the boundaries for how these audits proceed. For income tax audits, that includes the substantiation and limitation rules governing the review, along with the treatment of federal adjustments. For sales and use tax audits, recordkeeping, sampling, and factor-computation rules drive how the Comptroller builds its case.

Rebecca Sheppard, Esq., and Robert Braland, Esq., walk through the mechanics of a Comptroller field audit, from the initial contact through the closing conference. The session also covers the assessment process, the presumption of correctness, interest and penalty exposure, and responsible-person liability, giving attendees a full view of what happens before, during, and after an audit.

This program is eligible for CPE and CE credit.