There are two sources of income tax audits in California: those initiated by the State of California Franchise Tax Board (FTB) and those based on audits conducted by another agency, such as the IRS.
Are you prepared for a California EDD employer audit? Did you know the California Employment Development Department (EDD) ...
This column is dedicated to those of you who spend much too much time worrying about getting selected for a tax audit. You ask, “What does ballroom dancing have to do with taxes and tax audits?” Let ...
The Income Tax Department has reminded taxpayers that the deadline for filing the Tax Audit Report (TAR) is September 30, 2025. Under Section 44AB of the Income Tax Act, 1961, specific categories of ...
President Trump is reversing the Biden plan to increase tax revenue through more enforcement. By Ben Blatt The Internal Revenue Service’s audit rate has been lower this decade than in most taxpayers’ ...
Taxpayers typically amend their returns to correct mistakes, claim missed deductions or report additional income. While the IRS does allow amendments, many worry that filing a Form 1040-X could ...