The Internal Revenue Service will conduct an audit, which is a review of tax information, to ensure that everything is being reported properly on federal income taxes. Both individuals and businesses ...

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 ...

Audits provide small businesses with third-party opinions on business or financial operations. A common type of audit in business is the financial audit. Business owners use public accounting firms or ...

Your chances of getting audited are slim, but the investigations do happen. According to Jeremy Kisner, president of Surevest Wealth Management, there is an overall 1% chance of getting audited.

A thousand or more federal contractor and subcontractor establishments will receive audit scheduling letters in the next few weeks because they have been picked for a compliance review by the ...

Your reports (May 13, 18, 29 and the letter of May 16) suggest that the audit division of PwC can teach the remaining tax division an important lesson. When auditing a firm’s financial statements ...