The District of Columbia Waiver of Formal Audit of Account and Consent To Account As Stated is a document that allows a taxpayer to agree to the accuracy of the District of Columbia’s assessment of their taxes and waive the right to a formal audit of their accounts. This waiver is used when the taxpayer agrees that the assessment of taxes is fair and accurate and does not require further review or adjustment. There are two types of waivers available: Individual Waiver and Limited Liability Company Waiver. Both waivers require the taxpayer to provide information about their business or individual tax situation, including their current address, contact information, tax year, and the tax assessment in question. Once the waiver is signed, it must be returned to the District’s Office of Tax and Revenue along with the applicable payment for the taxes due. Upon receipt of the waiver, the Office of Tax and Revenue will process the taxpayer’s request and provide a written confirmation of the waiver’s acceptance.