September 30, 2024 is the last date to upload income tax audit report on the e-filing income tax return (ITR) portal. However ...

The U.S. tax landscape is poised for significant shifts driven by the expiration of key provisions of the Tax Cuts and Jobs ...

The IRS is supposed to focus on audits of corporations and high-income and wealthy taxpayers. But who’s really under the ...

The Office of Tax-Exempt Bonds has been staffing up, IRS officials said at the National Association of Bond Lawyers ...

An IRS audit is a review of your tax forms and financial documents to ensure that you filed your tax return correctly and followed applicable tax laws. "The purpose of the audit is to determine ...

You may picture a tax audit like a scene in the movies: IRS agents in dark suits show up at your door and sift through boxes of papers. Instead, most tax audits are much less dramatic. They ...

The overall audit rate for 2019 C corporation Form 1120 tax returns was 0.4%, while C corps reporting $250 million or more in assets had a nearly 9% audit rate. The IRS wants to raise that 9% ...

It’s no surprise that many people distrust the IRS and IRS audits. The confusing nature of tax laws and the IRS potentially reexamining your federal income tax return, can be daunting.

The state of Utah has put a freeze on any new taxpayer money going to Grand County. This comes months after a scathing audit.

These disruptions are causing considerable distress to taxpayers and professionals who are trying to comply with the ...

The General Directorate of Customs (DGA) and the General Directorate of Internal Taxes (DGII) are conducting joint audits on ...

There are numerous defenses and options available to taxpayers involved in an employment tax audit. These are discussed more fully below. However, a word of caution is necessary. Taxpayers who ...