The Internal Revenue Service’s audit rate has been lower this decade than in most taxpayers’ lifetimes, a New York Times ...

Proposed staffing cuts affect the agency’s compliance and enforcement abilities, including complex audits of wealthy ...

“I’m just riding the government roller coaster,” says one worker, who lost her job in February, was placed on administrative leave in March, and plans to return to work later this month.

A tax audit is when the IRS calls to review ... Types of IRS audits The most common type of audit is a correspondence audit, accounting for about 77% of the audits conducted by the IRS, according ...

At EY, IBM’s watsonx AI tool is helping to address some of the biggest challenges accounting firms face: reduced budgets, ...

MH CPA and Kenilworth Holdings have formed a joint venture called MH Kenilworth, which plans to begin acquiring accounting firms. MH CPA is based in Champaign, Illinois, and offers audit, tax, ...

Regulators persist with technical accounting matters, undistracted by political theatrics and looming election uncertainties.

Failure to report all income can result in serious tax consequences, often triggering an audit. Typically ... for executives in successful accounting, financial planning and wealth management ...