The sooner you finish your taxes, the sooner you’ll receive your tax refund, if you have one coming. But even if you do tend to wait until the last moment or plan on filing an October 15 extension, ...

The COVID-19 pandemic reaffirmed the essential role accountants and tax professionals play as trusted advisors for business. As we make our way through the recovery, one area where firms can further ...

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 agita ...

Although your chances of being audited are low — the IRS only audits about 0.5% of the tax returns filed each year — that still amounts to over 1 million Americans who get that unwanted notice from ...

Income Tax audit deadline extension: The deadline to submit an income tax audit for audit reports for the year 2024-25 has been extended to October 31, 2025, from the previous deadline of September 30 ...

The Central Board of Direct Taxes (CBDT) has extended the deadline for submitting tax audit reports for the year 2024-25 from September 30, 2025, to October 31, 2025. In a post on the social media ...