News

An audit is less dramatic than it appears in the movies – here's what to expect and how to help it go smoothly.
The new examination process, which will be effective May 1, 2016, includes new procedures for refund claims while an examination is underway.
WASHINGTON – The Internal Revenue Service (IRS) plans to ratchet up its audits for wealthier Americans and major corporations while at the same time tweaking a procedure that has led to a ...
Because a limited liability company (LLC) made a valid early election into the audit and examination regime of the Bipartisan Budget Act (BBA), P.L. 114-74, the IRS’s final partnership administrative ...
IRS chief: Racial disparities in audits will be addressed within a year In his response to a university study showing racial differences in audit rates, IRS Commissioner Danny Werfel says in a letter ...
Sen. Joni Ernst (R-IA) is pushing for a regular audit of the Internal Revenue Service after a new inspector general report found that nearly 6,000 employees owe nearly $50 million in back taxes ...