Forbes contributors publish independent expert analyses and insights. Marie Sapirie writes about federal tax issues and litigation. Magnifying glass with focus on the word audit written in golden ...

The IRS audits very few returns, but mismatched income, overstated deductions, and easy-to-spot errors can still trigger IRS notices, reviews, and costly follow-ups.

Responding to widespread taxpayer concerns regarding audit procedures, the Bureau of Internal Revenue (BIR) took a decisive step by suspending tax audits in November. This strategic pause allowed the ...

There are few things that strike more fear into the heart of the average taxpayer than the words "IRS audit." The thought of facing down an IRS auditor and having to explain your entire financial life ...

Many taxpayers are eager to file returns quickly to collect a refund, but it's important to gather the necessary tax forms first, experts say. Every year, employers and financial companies report ...

The report is the culmination of an internal audit, where the internal auditors describe what they found, provide evidence of the issues that were detected, and the corrective action that they ...