The Internal Revenue Service said that it will increase audits for the tax year 2026. In a statement, the agency said it would increase audits for the wealthiest taxpayers, large corporations and ...
The U.S. Department of Health and Human Services, Office of Inspector General (“OIG”) announced multiple new OIG Work Plan Items, including two audits, focused on identifying and quantifying improper ...
The IRS has announced its intention to audit wealthy taxpayers and their associated business entities starting in mid-July. This LawFlash alerts sports owners, athletes, entertainers, and others in ...
The IRS has abandoned a 2020 Treasury secretary directive to audit 8% of individuals making more than $10 million and instead has shifted to focusing on high-income taxpayers making more than $400,000 ...
The Internal Revenue Service next year aims to complete plans for online filing of informational tax returns, conduct more audits of charities, and improve the way it shares information with states, ...
With Earth Day coming up on Friday, accounting firms and audit committees are turning their attention increasingly toward environmental matters to help their clients adjust to new demands for climate ...
Caroline Banton has 6+ years of experience as a writer of business and finance articles. She also writes biographies for Story Terrace. A management audit is an analysis and assessment of the ...