The IRS updated Streamlined Filing Compliance ... under investigation by the agency or the subject of an IRS audit. The Streamlined Procedures provide a substantial waiver of the penalties that ...

However, given the IRS’s position, which now includes alternative arguments not previously asserted by the IRS, and in consideration of the ongoing CRA audit, the Company determined it ...

An annual survey of AICPA members about IRS service showed the majority of respondents are concerned that political distractions will affect agency funding and administration in the future. An AICPA ...

The IRS Streamlined Compliance Procedures were designed to help non-willful US taxpayers update tax filings associated ... if the IRS has not initiated an audit or “civil examination of taxpayer ...

Last year, the IRS announced a ... a centralized partnership audit regime, although the process took much longer than expected. "The other thing that we saw in the beginning of this whole thing with ...

Tax practitioners should be familiar with the special rules that apply and issues that can arise when an accounting method change is made while a taxpayer is under IRS examination.

IRS Audits help the agency collect money that tax cheats owe the federal government, but experts say they also serve another important purpose: They help deter fraud. That can cause some serious ...

Here's your audit: How long does an IRS audit take? What to know about IRS audit triggers, letters and more It's rare IRS agents will come knocking on your door to perform an audit these days.

For many taxpayers, the possibility of an IRS audit can be intimidating. While most taxpayers will never face an audit, it's essential to understand what triggers them, how the process works ...

The IRS has also released Revenue Procedure 2025-10 ... an employee if certain statutory requirements are met: a. A prior audit where there was no assessment of employment taxes attributable ...

Getting an audit letter from the Internal Revenue Service (IRS) can cause concern for even the most organized taxpayer. If you've received one of these letters after filing your taxes, you might ...

Is the IRS obligated to audit the president? Agency procedures say yes, and both former President Barack Obama and President Joe Biden say the department audited their tax returns regularly.