One important thing to understand is this: In the current compliance environment, tax notices are increasingly driven by data inconsistencies rather than intent. A tax notice can not only mean a process of explaining discrepancies but can also put any refund claims on hold till the matter is resolved. One important thing to understand is this: In the current compliance environment, tax notices are increasingly driven by data inconsistencies rather than intent. A tax notice can not only mean a process of explaining discrepancies but can also put any refund claims on hold till the matter is resolved.
