IRS audits are stressful and costly. Learn best practices and tips that will reduce your chances of getting audited by the ...

WASHINGTON, DC - AUGUST 18: The Internal Revenue Service (IRS) building on Thursday, Aug. 18, 2022 in Washington, DC. (Kent Nishimura / Los Angeles Times via Getty Images) The Senate has officially ...

Following a setback in a federal court case earlier this year, the Internal Revenue Service is releasing proposed regulations that would change the procedure it follows when pursuing inquiries into ...

The Internal Revenue Service doesn't collect data on taxpayers' race or ethnicity, but some of its methods could lead to disparities in its audit rate, according to a new report. The GAO report ...

Tax audits are down. By a lot. Internal Revenue Service audit rates of individual taxpayers’ returns have dropped for all income levels from tax years 2010 to 2019, according to a new Government ...

The intricate balancing act between the state’s power to tax and the constitutional rights of taxpayers, particularly the right to due process, forms the backbone of fair taxation. Every tax audit ...

It’s hard to imagine that anyone wants a do-over with the IRS after they finally finish their taxes, but you shouldn’t live in fear of an audit even if you wouldn’t look forward to one. See: Pros and ...

THE PASSAGE OF SARBANES-OXLEY LEFT MANY TAX practitioners wondering where they fit in under these new rules. The act did not list most tax services as one of the prohibited nonaudit services but said ...

Some important themes are emerging in auditors’ reporting of critical audit matters, which are the key component of the biggest change to public company auditor reporting in 70 years. Goodwill and ...