Each year small businesses rush to complete their tax returns before the Internal Revenue Service's (IRS) April 15 deadline. Accountants and financial advisors are engaged to ensure that the companies ...
Most companies, big and small, are subject to an audit at some point. Auditors can focus on one or more areas, such as your financial statements, compliance, tax information or business operations.
A colleague recently was audited by the IRS. Do you have any tips for preventing an audit on my tax return? The word “audit” strikes fear in the hearts of most people. Audits are a common concern for ...
Opinions expressed by Entrepreneur contributors are their own. Imagine getting a letter in the mail stating you owe someone $98,000. Now imagine that someone is the Internal Revenue Service. Just the ...
This study uses a preregistered laboratory experiment with 333 participants to investigate the effect of tax audits on post-audit tax compliance. An important feature of our experimental design is the ...
A tax lawyer says a robust audit process is necessary. To the Editor: Re “The Taxman Is (Not) Coming After You” (editorial, March 29): The Internal Revenue Service’s reduction in the number of audits ...
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 ...