IRS audits are stressful and costly. Learn best practices and tips that will reduce your chances of getting audited by the ...

The IRS announced it issued Publication 5125, Large Business & International Examination Process (LEP), which outlines a new examination process that will apply beginning May 1, 2016, to all taxpayer ...

Following a setback in a federal court case earlier this year, the Internal Revenue Service is releasing proposed regulations that would change the procedure it follows when pursuing inquiries into ...

WASHINGTON – The Internal Revenue Service (IRS) plans to ratchet up its audits for wealthier Americans and major corporations while at the same time tweaking a procedure that has led to a ...

An additional sentence the IRS added says that in determining financial penalties for serious loan errors under the Audit CAP program, the IRS will take into account the extent to which the employer ...

A phone forum held by the Internal Revenue Service (IRS) instructed attendees on how to deal with plan-related errors. During the event, “EPCRS: Correction of 401(k) Plan Mistakes,” co-presenter ...

The IRS says covered corporations will not have to report or pay the new 1% stock repurchase excise tax until it issues forthcoming regulations. Subsequent research has replicated the racial gap in ...