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The winter meeting of the North Carolina High School Athletic Association’s Board of Directors concluded on Tuesday, December ...

ICAI said certain modifications will apply to the existing limit of 60 tax audit assignments a chartered accountant (CA) can take up.(ISTOCKPHOTO) New Delhi: Accounting rule-maker Institute of ...

The Internal Revenue Service (IRS) announced new guidance on Friday aimed at dramatically reducing examination times for corporate taxpayers while making the audit process more collaborative and ...

TALLAHASSEE, Fla. — Florida is launching a series of financial audits targeting local governments, with Gainesville and Broward County first on the docket. Starting July 31, state auditors will begin ...

A recent report from the Treasury Inspector General for Tax Administration (TIGTA) found that the Internal Revenue Service increased audits of high-income taxpayers during fiscal year 2024, in line ...

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 ...

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 ...

The CMS will crack down on overpayments to Medicare Advantage plans, moving to significantly expand its capacity to audit whether insurers are inflating their enrollees’ illnesses, the agency said ...

Bob Herman covers health insurance, government programs, hospitals, physicians, and other providers — reporting on how money influences those businesses and shapes what we all pay for care. He is also ...

Audits are the Internal Revenue Service’s tool for spotting red flags in people’s tax returns. But with massive cuts to the agency’s workforce, the question now is whether the tax collector is waving ...

A recent article in the New York Times could be good news for high-net-worth clients who worry about being subject to tax audits. After analyzing historical data, the Times found that the audit rate ...