Your tax situation can change every year, but some things could trigger a red flag in the antiquated computer systems at the ...

As refunds grow this tax season, taxpayers must be cautious; simple mistakes can trigger audits, especially with unreported ...

Karla Dennis, EA, MST, is CFO/CEO of the award-winning tax accounting firm KDA Inc.—specializing in tax planning. Nobody likes an audit, right? Of course not. So why aren’t taxpayers doing everything ...

Section 63 of Income Tax Act 2025 sets audit limits, forms, due dates, and penalties for non-compliance in business and profession ...

An IRS audit is carried out to confirm that the details reported on a tax return are accurate.

State Auditor Allison Ball released a new report Monday detailing the mismanagement of funds across the state's executive ...

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 ...

While audits are relatively rare, certain mistakes and inconsistencies can increase the likelihood of a review.

The new Form 100 replaces outdated audit reporting formats to improve compliance and clarity. It standardizes reporting for ...