The IRS recently updated its Nonqualified Deferred Compensation Audit Techniques Guide. The updated June 2021 Guide (the “2021 Guide”) replaces the previous version published in June 2015 (the “2015 ...

The Internal Revenue Service has recently updated its Entertainment Audit Technique Guide to help tax professionals when reporting various items related to the entertainment industry. The guide ...

In today's rapidly evolving technological landscape, artificial intelligence (AI) drives innovation and efficiency across various industries. From automating mundane tasks to supporting data-driven ...

The Internal Revenue Service issued a revised Audit Technique Guide last week to help examining agents evaluate the validity of cost segregation studies submitted by taxpayers to substantiate ...

A semi-annual or annual internal audit allows you to gauge the effectiveness of your business's internal control system. Unlike an external audit, which focuses on determining whether financial ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

If your business has been selected for audit, the auditor will hone in on the issue of independent contractor versus employee. According to the Audit Techniques Guide on the IRS website, agents are ...

On November 4, 2016, the IRS updated its Conservation Easement Audit Techniques Guide (CE Audit Guide) for the first time since March 15, 2012. According to the IRS’s introduction on its Audit ...

Practitioners have been making use of a resource arising from the IRS’ ongoing audit initiative concerning capitalization rules. The IRS issued Capitalization v. Repairs Audit Technique Guide ...

The Internal Revenue Service (IRS) has published the Nonqualified Deferred Compensation Audit Techniques Guide (June 2015). Good for plan rules through its June 9 publication date, the guide serves as ...