Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone. This is the second part of my two-part Q&A with a tax-law expert, ...
While the chances of an IRS audit have been slim, the agency may scrutinize your return for several reasons. Some red flags for an audit are round numbers, missing income, excessive deductions or ...
The IRS is supposed to focus on audits of corporations and high-income and wealthy taxpayers. But who’s really under the agency’s microscope? Some answers can be found in a new report shedding light ...
n a sales and use tax audit, a state revenue auditor reviews a business to determine if state sales and/or use taxes were properly collected and paid. A sales and use tax “reverse audit,” which is ...
The Central Board of Direct Taxes (CBDT) has extended key compliance deadlines for taxpayers covered under audit provisions for Assessment Year 2024–25, offering additional time to file audit reports ...
Trump's Treasury Department calls Direct File 'a failed program' Casey Lantz had a particularly painless time filing her taxes this year - though it may be the last time she can say that. The Seattle ...
Internal Revenue Service Commissioner Bill Long said the agency will end its Direct File program after a limited pilot and one full filing season. President Donald Trump's massive spending and policy ...