Social Media Ideas for Tax Audits

IRS audits hit the richest — and the poorest

Tax audits by the Internal Revenue Service focus overwhelmingly on the richest taxpayers — and on the poorest, leaving middle-income earners the least likely to be audited.

Form 3CD Is Changing: The Clauses That Can Make Tax Audit More Challenging

Form 3CD Is Changing: The Clauses That Can Make Tax Audit More Challenging     Why Tax Auditors Need to Look Beyond the Trial Balance Tax audit season is often treated as a familia...

In the blogs: Help from Uncle Sam

The audit letter; race-conscious policies; long-short strategy; and other highlights from our favorite tax bloggers.

Surviving a tax investigation: how resilient businesses respond

Few letters cause more concern for a business owner than one from HMRC opening a compliance check or a full tax investigation. However, an investigation is not automatically a sign...

Tax Audit 2026: 30 सितंबर से पहले अपनी टैक्स रिपोर्ट में चेक कर लें ये गलतियां, वरना आ सकता है नोटिस

असेसमेंट ईयर 2026-27 के लिए टैक्स ऑडिट रिपोर्ट फाइल करने की आखिरी तारीख 30 सितंबर है. अगर आपने रिपोर्ट जमा कर दी है, तो उसमें हुई गलतियों को समय रहते सुधार लें ताकि बाद में परेशानी...

Property firms face £645m HMRC tax scrutiny

HMRC tax investigations into large property companies rise 40%, with £645m in potential additional liabilities under review

Аудит бухгалтерского учета: когда собственнику нужно второе мнение, а не просто самопроверка

Вы сдали отчетность в срок, заплатили налоги и не получили требований из налоговой. Значит, с бухгалтерией все в порядке. Так ситуация часто выглядит изнутри компании. Снаружи конт...

IRS audit revenue plunged following mass layoffs, watchdog finds

IRS audits collected $3.5 billion less in fiscal 2025 as the agency shed thousands of auditors and other agency staffers.

Налоговая сверила деньги: кому в Казахстане теперь приходят уведомления

В Казахстане некоторым предпринимателям начали направлять уведомления после проверки сведений о доходах за 2025 год. Причиной стали расхождения между налоговой отчетностью и информ...

N.Y. Times: Audit Revenue Has Plummeted Under Trump, Watchdog Finds

Andrew Duehren for the New York Times reports in “Audit Revenue Has Plummeted Under Trump, Watchdog Finds,” as follows: The amount of money the Internal Revenue Service collected f...

IRS enforcement activity fell despite record tax collections, TIGTA says

Individual audit starts fell 30% in fiscal 2025, including a 27% drop among taxpayers with income above $400,000, as IRS staffing levels declined, TIGTA said.

Rs 2.47 cr cash deposit gets tax notice: Why ITAT Delhi ruled in favour of assessee

The shop owner said that deposited cash had come from sales generated by his pharmacy and had been properly recorded for in the concerned business books. To support his explanation...

Texas CPAs ask IRS to reduce taxpayer interview demands

The Texas Society of CPAs is concerned about revenue agents requiring taxpayers to attend in-person interviews even when they have an tax pro representing them.

Tax filing 2026: Missed crypto income in ITR? Why investors could receive an Income Tax notice

Crypto investors who fail to report digital asset income in their ITR could face scrutiny if their tax filings do not match transaction and TDS data reported by exchanges. Experts...

ITR filing deadline August 31: Who has to file by Monday, and who gets more time?

The August 31, 2026 ITR filing deadline is approaching for eligible taxpayers with business or professional income whose accounts do not require a tax audit. However, taxpayers wit...

Accountancy service in criminal investigation for allegedly manipulating clients’ tax returns

Tax Audit & ITR Due Dates Extended: CBDT Gives 21-Day Relief for AY 2026–27

Tax Audit & ITR Due Dates Extended: CBDT Gives 21-Day Relief for AY 2026–27     A welcome extension, but not for everyone The last few days of September are usually the most he...

Belated Form 10B Cannot Defeat Charitable Exemption Under Section 11

Belated Form 10B Cannot Defeat Charitable Exemption Under Section 11     ITAT Holds That Audit Report Filing Is Procedural When the Report Is Furnished Before Processing of the Ret...

Your audit team is busy. But is it productive?

  Your audit team is working hard: files are moving between systems, staff are logging hours, and the calendar is … The post Your audit team is busy. But is it productive? appeared...

Short-stay rentals scrutinized

The tax office is launching a new inspections in the short-term rental market, putting under the audit microscope income earned in 2025.

IRS Audit Revenue Has Plummeted Under Trump, Watchdog Finds

The I.R.S. lost roughly a quarter of its employees since President Trump took office, hampering the agency’s ability to conduct audits.

DOJ’s Fraud Division Memo Puts Tax Enforcement Front and Center: What Companies Across Industries Need to Know

₹5.01 Crore Suppressed Sales, But Only ₹10.02 Lakh Taxable

₹5.01 Crore Suppressed Sales, But Only ₹10.02 Lakh Taxable     ITAT Mumbai Says Unrecorded Turnover Cannot Automatically Be Treated as 100% Income A business can have unrecorded sa...

From IRS Audit To Internet Headlines: The Public Reality Of Tax Court

What happens at the tax court does not stay at the tax court. The post From IRS Audit To Internet Headlines: The Public Reality Of Tax Court appeared first on Above the Law.