Audit & Accounting

The agency had scaled back audits of all taxpayers between 2010 and 2019, with the total audit rate falling to 0.25% from 0.9%.

The service is largely blaming third-party promoters, but it's putting some of the burden of fixing the problem on tax preparers.

The Big Four firm gave a clean audit opinion to Silicon Valley Bank's parent company and Signature Bank only weeks before they failed.

Investors and analysts had complained that the existing disclosures don't offer enough information.

A recent survey has found that while a solid majority of small and midsized businesses want to improve their spend management, few CPA firms offer services to help them.

A marked increase in staffing shortages at auditing firms has resulted in significant setbacks to complete issuers' financial disclosures, S&P said in a report.

E-help with CP notices; low-cost compliance; still learning from Eisenhower; and other highlights from our favorite tax bloggers.

Shady operators and questionable calculators make the Employee Retention Credit a risky area for practitioners.

Illinois-based The Music CPA makes sure performers and composers get what they've earned.

The Big Four firm's foundation is committing $25 million in grants to community college students from underrepresented backgrounds.