Karla Dennis, EA, MST, is CFO/CEO of the award-winning tax accounting firm KDA Inc.—specializing in tax planning. Nobody likes an audit, right? Of course not. So why aren’t taxpayers doing everything ...

The Internal Revenue Service (“IRS” or the “Service”) aggregates, reviews, and analyzes taxpayer data and determines whether ...

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 what ...

Social media users appeared to believe a rumor spread by America's Last Line of Defense, a satirical Facebook page often fact ...

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 no real ...

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, according to a new report. The GAO report ...

Tax authorities in Europe are stepping up their transfer pricing focus. A podcast held by ITR in collaboration with CMS ...

Lim Kwang-hyun, Commissioner of the National Tax Service, announced on the 28th that regular tax audits will be postponed for up to two years for foreign companies that commit to increasing ...

THE FEDERATION of Philippine Industries (FPI) said a tax amnesty floated by the previous secretary of the Department of Finance (DoF) could be a good starting point as the department grapples with the ...

The Federation of Philippine Industries (FPI) and the European Chamber of Commerce of the Philippines (ECCP) said Thursday ...

The Department of Finance (DOF) announced Monday the suspension of all field audits and related operations by the Bureau of ...