The IRS gets copies of all the 1099s and W-2s you receive. This includes the 1099-R (reporting payouts from retirement plans, ...

In his first month as president, Donald Trump has shaken our federal government to the core. Many argue that his “meat ax” ...

Gov. Tony Evers called for an audit of Milwaukee Public Schools after a financial crisis that led to the district ...

Financial institutions need to remain vigilant about managing anti-money laundering and Bank Secrecy Act (AML/BSA) compliance ...

Audit partners who issue adverse internal control opinions are often replaced and experience unfavorable changes in their ...

The NIS2 (Directive (EU) 2022/2555 of the European Parliament and of the Council) imposes cybersecurity and information ...

So, what are your changes of being audited? Regardless of income, your chances of being audited are pretty slim. Of the ...

The District 423 School Board spent a few hours Monday afternoon reviewing an audit by Conway, Deuth & Schmiesing before the levy was discussed that evening. “I think you’ve done a good job ...

Audits also have found major oversights at the Department of Defense. A 2023 audit, for example, found that the agency accidentally overvalued the military equipment it sent to Ukraine by $6.2 ...

For example, it did this at Rettig’s request after the IRS randomly and separately selected former FBI Director James Comey and his deputy Andrew McCabe for an intensive type of tax audit.

The easiest way to avoid an audit is to slow down and be "accurate ... your return "against 'norms' for similar returns," the IRS said in an online post. For example, a freelancer earning $100,000 ...