The IRS lost 11% of its staff in the first three months of 2025, with revenue agents who conduct audits accounting for the ...

In his recent The CPA Journal editorial “Private Equity and the Ethics of a Profession,” Richard Kravitz addressed the recent ...

Acting on findings is just as essential as conducting the audit in the first place. Decision-makers must determine how to change or upgrade their systems and teams to address security gaps.

Less than 1% of all returns filed between 2013 and 2021 had been audited as of the end of fiscal year 2023, according to IRS ...

A Treasury spokesperson declined to comment when asked what level of audits the current IRS expects to conduct. On April 15, in a post on X, Treasury Secretary Scott Bessent said, “(W ...