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 ...
A tax audit is an examination of an individual or business tax return by the IRS to ensure the taxpayer has accurately reported income and paid the correct amount of taxes. Tax audits can be triggered ...
The FBR will audit millions of income tax returns using AI and data analysis, targeting undeclared income and misstatements, ...
The Internal Revenue Service audits Black taxpayers at 2.9 to 4.7 times the rate of non-Black taxpayers, mainly due to automated algorithms that flag discrepancies in claims for tax credits, according ...
In a major relief for taxpayers, the Central Board of Direct Taxes (CBDT) has extended key income tax deadlines. The due date ...
The Punjab & Haryana High Court merged five tax-related writ petitions into one and extended deadlines, while the Himachal ...
The Income Tax Department on Wednesday, 29 October 2025, extended the ITR audit deadline for corporates and taxpayers, ...
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