Your tax return could be ‘flagged for audit’ without these key forms, experts say

Your tax return could trigger an IRS audit if you skip key tax forms, experts say. Here's a checklist of forms and when to ...
Nasdaq

How To Handle a Tax Audit — And When To Hire Help

There are few things that strike more fear into the heart of the average taxpayer than the words "IRS audit." The thought of facing down an IRS auditor and having to explain your entire financial life ...
BusinessWorld

From pause to progress: Refined audit approach

Responding to widespread taxpayer concerns regarding audit procedures, the Bureau of Internal Revenue (BIR) took a decisive step by suspending tax audits in November. This strategic pause allowed the ...
BusinessWorld

Updates on BIR audit reforms

The suspension of audit and field operations following the issuance of Revenue Memorandum Circular (RMC) No. 1072025 on Nov. 24 marked a deliberate pause in the Bureau of Internal Revenue’s (BIR) ...