When taxpayers submit their returns this year, they will hope they have faithfully fulfilled their civic duties and can rest on their laurels — at least until next spring. But for millions of ...

Defending yourself during an Internal Revenue Service audit can be a time-consuming, stressful affair — but audits aren’t too common. In fact, just 0.25% of all returns are typically audited by the ...

The Bureau of Internal Revenue (BIR) issued new rules on the resumption of tax audits. It represents a meaningful recalibration of how tax assessments are administered in the Philippines. After ...

I’m a tax expert — here’s how I avoid IRS audits every year - A quarter of taxpayers worry about being audited ...

If you're like most Americans, one of your worst fears is having your tax return audited by the IRS. In 2014, the IRS audited nearly 1.4 million tax returns, and almost 1.7 million notices were sent ...

For decades, the tax process has centered around compliance. And for good reason — it's an important and highly scrutinized output of the tax function. But if compliance is the endgame, what about all ...

The Treasury Inspector General for Tax Administration (TIGTA) recently released two reports for its study of the IRS Small Business/Self-Employed (SB/SE) Division’s audits of partnerships and S ...

IN 2025, the Bureau of Internal Revenue (BIR) suspended all its audit and field operations to realign its audit strategy and processes. This stemmed from congressional probes concerning the agency’s ...

Financial audits get a bad rap. While certainly meticulous and often stressful, an audit shouldn't invoke absolute angst or dread in corporate finance teams. With the right preparation and mindset, ...

The new framework aims to prevent abuse of audit authority while ensuring accountability, predictability, and consistency in the conduct of tax audits ...