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 ...

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 ...

The Internal Revenue Service (IRS) announced new guidance on Friday aimed at dramatically reducing examination times for corporate taxpayers while making the audit process more collaborative and ...

Over three-quarters of the audits conducted by the Internal Revenue Service under its centralized partnership audit regime resulted in no change in taxes, according to a new report. The report, ...

Each year on April 15, the Internal Revenue Service expects Americans to file their annual tax returns, and in doing so, Americans expect U.S. tax policy to be administered fairly across demographic ...

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 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 ...