Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. This article is more than 10 years old. It’s only natural to hope ...

U.S. Immigration and Customs Enforcement (ICE) intends to increase its investigation efforts during 2016 to ensure employers have met their obligations to properly verify the identity and employment ...

Every year, employers and financial companies report income and other activity on so-called information returns, such as W-2s and 1099s, with a copy going to taxpayers and the IRS. The agency has ...

On Aug. 25, 2023, the Office of Federal Contract Compliance Programs (OFCCP) announced that the federal Office of Management and Budget had approved a new version of OFCCP’s scheduling letter and ...

A stock photo of a Red Audit stamp on a 1040 US individual income tax return. Photographed at 50mp with the Canon EOS 5DSR and the 100mm 2.8 L lens. If you fail to file a required Form 5471, your ...

The CBDT includes “or extended” in the July ITR Form for non-audit individuals due to frequent deadline extensions, while keeping October deadlines fixed for audit-related ...

Audit firms are required to report the engagement partner’s name consistently on all Forms AP filed with the PCAOB, according to new PCAOB staff guidance. Form AP is the new document that each ...

The process of writing a walk-through audit for a retail store entails creating the form and completing the write-up. Auditors must consider several key elements when composing the form as they relate ...

The PCAOB’s new rule requiring auditors to disclose the name of the engagement partner and other firms participating in the audit has important implications for audit committees. The Center for Audit ...

-- Has Sarbanes-Oxley ushered in the golden age of auditing? According to disclosures by 23 of the 30 companies that comprise the Dow Jones Industrial Average, audit fees rose roughly 40 percent, to ...