Computer keyboard, ... [+] calculator and pen are placed on income tax form 1040. The 'word' AUDIT is stamped on the form 1040. Giving the IRS more time to audit you sounds counterintuitive or ...

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 ...

Audit. The word strikes fear in many people. They dread the scrutiny, penalties and other unfortunate outcomes when the IRS questions the accuracy or the veracity of their tax return. The IRS ...

Sen. Joni Ernst (R-IA) is pushing for a regular audit of the Internal Revenue Service after a new inspector general report ...

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 ...

A “tax audit” ordered by the military-controlled government of Mali may be the reason the chief executive of Australian ...

Some audits are no big deal; some can be onerous. Once you identify the type of tax audit that’s being conducted, you'll know—or at least have a better sense of—what’s involved.

The IRS has announced a new audit campaign targeted at the use of private aircraft, a/k/a “corporate jets”. This has been an ...

The deadline to submit the tax audit report on the e-filing ITR portal for specific taxpayers is September 30, 2024. However, ...

All assessees required to undergo a tax audit can now upload their tax audit report by October 7, 2024, a tax expert told BT. The decision by the CBDT was driven by reports of sluggishness in ...

Prof D Mukherjee The New Direct Tax Code (DTC) 2025 aims to overhaul India’s outdated Income Tax Act of 1961, modernizing the ...

India’s Central Board of Direct Taxes has extended the corporate tax filing deadline for AY 2024-25 from October 31 to ...