CONTINGENT FEE AUDITS ARE NO MORE IN NC [well at least for 2 years]
I recently wrote about bills that passed the NC Legislature that would prohibit the use of contingent fee audits, assuming the Governor didn't veto the legislation within the requisite period. Chris McLaughlin, in his post today on the Coates' Canons: NC Local Government Law Blog, states that the legislation did in fact become law.
It is worth noting that the law does not become effective until July 1, 2013 and sunsets 2 years thereafter, absent further action by the Legislature.
I also recommend Chris' post for its summary of other legislation impacting local taxes in NC during the most recent legislative session.