Audit Cycle Time FINAL

Advisory Committee on Tax Exempt and Government Entities (ACT) IV. Audit Cycle Time and Communications: Employee Plans and Tax Exempt Bonds John Schroeder, Project Leader Terry Burke Perry Israel Donald Segal With input from the following prior year members: Craig Hoffman Beth Nunnally June 9, 2004 Audit Cycle Time and Communications: Employee Plans and Tax Exempt Bonds Advisory Committee on Tax Exempt and Government Entities June 9, 2004 – Page IV-2 Audit Cycle Time and Communications: Employee Plans and Tax Exempt Bonds Table of Contents Background ................................................................................................................... 3 General Observations................................................................................................... 4 Communications with the Taxpayer ................................................................. 4 Reducing Cycle Time ......................................................................................... 6 Other Suggestions ........................................................................................................ 8 Employee Plans............................................................................................................. 9 Improving Communication with the Taxpayer............................................... 10 Reducing Cycle Time ................................................... ...