An audit is less dramatic than it appears in the movies – here's what to expect and how to help it go smoothly.

One of the reasons that the thought of a tax audit strikes fear into the hearts of many Americans is that the process seems so mysterious. When you send off your tax return every year, there’s ...

There are many factors that can increase you're likelihood of an IRS audit, particularly if you run a business or claim certain exemptions.

Chandigarh Chartered Accountants request the CBDT to extend ITR and tax audit deadlines. Key reasons include delayed ...

There are few words in the English language more likely to produce an involuntary wince than "audit." If your tax return is audited, you may need to pay a tax bill or tax penalties depending on ...

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.

Being subjected to an IRS audit is never a pleasant experience. However, the experience is not nearly as stressful as most taxpayers believe. Generally, a disallowance of deductions by the IRS may ...

ISLAMABAD: The Federal Board of Revenue (FBR) has failed to implement a key recommendation of the Federal Tax Ombudsman (FTO) ...

Chandigarh Chartered Accountants Taxation Association urges CBDT to extend ITR & Tax Audit deadlines for AY 2025-26. Utility ...