Auditing firms are asking the SEC to reject the Public Company Accounting Oversight Board's recent standards on firm and ...

Understanding the different types of IRS audits can help you navigate them more confidently. A correspondence audit is handled via letters, often asking for documents or clarifications on deductions.

Since the EITC is often claimed in error, it attracts scrutiny for audits. What to do if you're audited by the IRS Always open and carefully read any IRS mail you receive. The letter or notice ...

A significant reason for an IRS audit is the failure to declare all sources of income. Despite attempts to conceal earnings, the IRS has access to various data sources, including banks and ...

WASHINGTON, Dec 18 (Reuters) - Some prominent critics of President-elect Donald Trump - including three officials in his first administration - are instructing their accountants to safeguard ...

Energy audit applications are available now, but end in Feb. To the Editor: As energy costs continue to rise, many New Hampshire small businesses are struggling with unpredictable operational ...

The latest was about many people’s favorite whipping boy – the IRS. He seems to write that “nearly $80 billion” was spent to hire tens of thousands of new “tax snoops." Is he inferring ...

In November, nearly three-quarters of Massachusetts voters approved a referendum to open state records and provide transparency in state government. Since then the Legislature has tried to block ...

Six Trump critics, including two national security officials and one CIA officer in his first administration, told Reuters they fear a malicious IRS audit. Five are taking protective measures in ...

Smith and Edwards argued in their letter that the program represented a conflict of interest for the IRS — that the agency shouldn't be in charge of both assessing taxes and enforcing them.