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As taxpayers begin adjusting to these strange times, it seems the NYS Tax Department is trying to do the same.

In January, the IRS released a list of 13 audit campaigns designed to focus resources on areas of concern for the IRS examination teams.

Perhaps you just learned from the IRS that your tax-exempt organization has been selected for examination.

On August 6, 2020, the IRS issued proposed regulations (REG-132434-17) limiting the role of contractors hired to assist the IRS in audits, including during summons interviews.

Effective for tax years beginning after December 31, 2017, any additional tax or penalties resulting from a partnership audit will be assessed and collected at the partnership level in the year the audit is completed.

Partnership audits might sound like a rather boring topic, but new rules now in effect make auditing partnerships much easier for the IRS and as such should be an area of concern for businesses.

New York's Local Law 144 of 2021 will finally go into effect on July 5, 2023, after several delays. As we previously discussed, the law requires employers to provide candidates for employment...

In a Spotlight article released this week, the Public Company Accounting Oversight Board highlighted considerations for auditors and audit committees of companies transacting in or holding cryptoassets.

Many online service providers are well aware that Microsoft’s Services Provider License Agreement (SPLA) entails a licensing framework that can be difficult to manage.

On 4 December 2017, Robert B. Sledge of the SEC's Office of the Chief Accountant provided some remarks before the 2017 AICPA Conference on current SEC and PCAOB developments.

The Bureau of Safety and Environmental Enforcement last week issued revised regulations for Safety and Environmental Management Systems.

The U.S. Citizenship and Immigration Services (USCIS) has announced new audit measures under the EB-5 Reform and Integrity Act of 2022, affecting all designated regional centers. Under the 2022 law.

On July 12, 2016, the Internal Revenue Service finalized regulations allowing third-party contractors (i.e., outside economists, engineers, consultants and attorneys) to participate in audits of taxpayers.

The PCAOB recently released a new Audit Committee Resource, which sets forth questions that audit committee members may want to consider incorporating into their ongoing engagement with auditors.

A recent SEC action is a warning to audit committees to take action in response to recommendations relating to evidence of potential accounting fraud.

If your company has received a letter from the BSA requesting a software audit, you are probably wondering whether you should cooperate or tell the BSA to pound sand.

The Bipartisan Budget Act of 2015 and the Protection of Americans for Tax Hikes Act of 2015 created new audit rules, which will in 2018 replace the current TEFRA regime.