Tax audits are down. By a lot. Internal Revenue Service audit rates of individual taxpayers’ returns have dropped for all income levels from tax years 2010 to 2019, according to a new Government ...

The court examined whether delay in filing a revised return caused by an audit reporting mistake and COVID-19 disruption should be condoned. It held that the explanation was bona fide and directed ...

The Waconia school board held its “Truth in Taxation” hearing and heard an audit report at a work session Dec. 8 in advance of approving the 2026 tax levy for ...

Forbes contributors publish independent expert analyses and insights. Matthew Roberts is a tax attorney who covers tax litigation and fraud. In recent years, the IRS has devoted more resources to ...

The deadline to submit an income tax audit report for the financial year 2024–25 is September 30, 2025. This comes just weeks after the due date for most individuals and Hindu Undivided Families (HUFs ...

The Income Tax Department recently extended the deadline for submitting income tax audits to October 31, 2025, from the original due date of September 30, 2025. This extension came after requests from ...

The Central Board of Direct Taxes (CBDT) has extended the tax audit report filing deadline for Assessment Year 2025–26 from September 30 to October 31, 2025. The extension covers assessees under ...

In a major relief for taxpayers, the Central Board of Direct Taxes (CBDT) has extended key income tax deadlines for AY 2025-26. The due date for filing income tax returns (ITRs) for AY 2025-26 in tax ...

This week, ‘income tax audit report due date’ was among the top keywords on Google Trends as taxpayers and tax professionals kept demanding an extension of the deadline on social media and otherwise.

That discovery sent her down a rabbit hole that would consume the next two years. She began collaborating with the SEC, the ...