Effective audit management requires more than documentation; it’s the way taxpayers engage that can shape audit direction, ...

An "automatic change" is a change in method of accounting for which the taxpayer is eligible under Section 5.01(1) of Rev. Proc. 2015-13 for requesting the IRS commissioner's consent for the requested ...

Treasury released the Congressional Budget Justification, which also would cut the IRS budget by 37% from the fiscal year ...

Bank job; the magic is gone; not a beautiful day in the Neighborhood; and other highlights of recent tax cases.

On Monday, the IRS provided a list of changes in tax accounting methods to which the automatic change procedures in Rev. Proc. 2015-13 apply. The list includes 17 changes described as significant.

Tax teams that centralise and automate their pillar two data will have a much easier time during reporting season, says Hank ...

The IRS will begin leaning more heavily on artificial intelligence for its audit selection process.

Today, four members of Congress, led by Thomas Massie, have introduced a bill to initiate the first comprehensive audit of ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation.