At the same time, the audit rate for those making under $500,000 declined slightly in 2024, fulfilling a promise by the Biden administration. By Ben Blatt It was a promise repeated many times by ...

Contractors face a higher risk of IRS scrutiny. Organizing records, analyzing discrepancies, and professional representation are key to a favorable outcome.

The suspension of tax audits by the Bureau of Internal Revenue (BIR) was not simply an operational interruption. It was an institutional acknowledgment that something deeper needed attention.

Internal Revenue Service headquarters in Washington, D.C. The Internal Revenue Service's plan under the Biden administration to audit high-income taxpayers appears less likely after staffing and ...

With the IRS expected to lose about a third of its staff after firings and buyouts, wealthy taxpayers and attorneys are struggling to navigate the new regime. The upside for high earners is clear: ...

Austin officials authorized continuous third-party audits of citywide operations and services, a process partly prompted by the outcome of last year's Proposition Q tax rate elect ...