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The Zimbabwe National Chamber of Commerce (ZNCC) has raised concerns over the Zimbabwe Revenue Authority's (Zimra) intensified audit regime, warning that ...
“Taxpayers should be aware that the Income Tax Department monitors high-value cash transactions exceeding certain limits, and can trigger notices ... than the payer," explained Soni.
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GRA doubles down on AI-ML to combat tax leakages
Finance Minister warns reforms alone are not enoughBy Joshua AMLANU & Ebenezer NJOKUThe Ghana Revenue Authority (GRA) is ...
Head of Public Service Felix Koskei warned Kenya's state corporation board members and managing directors against ...
Opinion: Plante Moran's Jennifer Keegan and Ginger Powell analyze the IRS's auditing approach to the R&D tax credit and ways ...
Disclosure is a type of extra explanation. You are required to disclose enough detail to tell the IRS what you are doing. But ...
But among those with incomes between $50,000 and $500,000, the audit rates were 0.5% or less for returns filed in each of those tax years. Audit rates were higher, however, for low-income ...
The Trump administration reduced the number of IRS employees, so there is a slight chance fewer audits will take place in 2025. Audit triggers include unusual deductions and losses, missing or ...
Some taxpayers may assume they’re less likely to be audited this year due to recent workforce reductions at the IRS. Under the ... According to Gallegos, audit triggers include: Large deductions ...
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In my 22 years as a Harvard professor, I have not been afraid to bite the hand that feeds me. So I’m hardly an apologist when ...