Ramp reports that separating business and personal bank accounts is crucial to avoid legal, tax, and credibility risks for ...

AT the start of the year, the Bureau of Internal Revenue (BIR) sent a clear message to the business sector: Tax audits have resumed, but under a refined framework. With the issuance of Revenue ...

One of the most significant changes is in Tax Audit reporting, where the earlier Forms 3CA and 3CB have now been replaced by Form 26. The new form reportedly contains 55 segment-wise clauses, ...

From unreported income to large deductions, here are eight common red flags that could trigger an IRS audit — and how to ...

Tax audits have been front and center of public discourse for the better part of the past few months. Aside from the perception that tax audits would always result in additional tax burden, the manner ...

Contractors face a higher risk of IRS scrutiny. Organizing records, analyzing discrepancies, and professional representation are key to a favorable outcome.

The Biden era final rules made certain transactions reportable transactions - meaning taxpayers had to affirmatively report outlined and similar transactions on their tax returns or face significant ...

According to New Orleans CityBusiness, the city has completed or opened roughly 145 sales-tax audits in less than two months. Those reviews have flagged about $7 million in potentially uncollected ...

As the 2026 tax filing season intensifies, tax professionals across the country are strengthening their documentation processes to meet IRS standards for time-sensitive correspondence. With filing ...

These 10 common phrases and offhanded remarks can quickly raise your audit risk. Here's why they're major red flags, and what to say instead at tax time.

Thomson Reuters Corporation ( TRI:CA) BofA Securities 2026 Information & Business Services Conference March 12, 2026 12:15 PM EDT ...

Tax anxiety refers to the intense stress associated with filing taxes, owing money, or facing consequences. It isn't a formal diagnosis (there's no such thing as tax anxiety disorder), but it's a very ...