The court examined whether delay in filing a revised return caused by an audit reporting mistake and COVID-19 disruption should be condoned. It held that the explanation was bona fide and directed ...

Tax officials scrutinizing wealthy individuals and businesses for extra tax payments to boost collections amid a 3% GDP ...

My husband owns his own business. The Internal Revenue Service audited his 2021 income-tax return. There were some small mistakes. The amount due was paid. However, he received notice at the end of ...

The ITAT ruled that a Section 148 notice issued by a Jurisdictional AO after 29.03.2022 is invalid because, under the Faceless Reassessment Scheme, only the Faceless Assessing Officer can issue such ...

Employees can still submit hardship-based telework requests, but approvals must come from the agency’s leadership or its ...

Poor bookkeeping and inadequate internal audits at the transport ministry and the Road Transport Department have led to a situation where the government doesn’t have a handle on what its liabilities ...

A former employee of Alpha-Beta Consulting Limited, Segun Oluwasanmi, has accused the revenue consulting firm of systematic tax evasion through the under-declaration of staff salaries and ...

The UAW International Union's audit on the Local 862 in Louisville uncovered years of financial errors and questions ...

Plus: Taxes on bonuses, deducting health insurance premiums, IRS whistleblower program updates, the Corporate Transparency ...

An audit of the Western Heights School District has shown “problematic” findings with spending on legal fees, payroll and payroll taxes and inventory.

For the Michael Okpara University of Agriculture, Umudike, the report flagged 32 instances of non-compliance, amounting to ...

A pandemic surge in unemployment claims prompted the Employment Development Department to buy the devices, but auditors say ...