There are few things that strike more fear into the heart of the average taxpayer than the words "IRS audit." The thought of facing down an IRS auditor and having to explain your entire financial life ...

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 ...

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 ...

More states are expected to simplify their sales tax laws and leverage artificial intelligence for doing tax audits, according to a new report from Avalara, a provider of tax compliance technology.

DK/RK Services, a bookkeeping and accounting firm serving the Denver metropolitan area, announces expanded support services as state sales tax audits increase significantly for Colorado businesses ...

Every year in January, the IRS dedicates a day to Earned Income Tax Credit (EITC) awareness. This tax credit, also known as the earned income credit (EIC) allows eligible people with low-to-moderate ...

Businesses are likely to see more sales tax audits in 2024 as a result of changes happening across the states, according to a new report. The report, released Monday by tax compliance technology ...

The Central Board of Direct Taxes (CBDT) has once again provided major relief to taxpayers by extending the Income Tax Audit ...