Getting an audit letter from the Internal Revenue Service (IRS) can cause concern for even the most organized taxpayer. If you've received one of these letters after filing your taxes, you might ...

Your chances of getting audited are slim, but the investigations do happen. According to Jeremy Kisner, president of Surevest Wealth Management, there is an overall 1% chance of getting audited.

The Internal Revenue Service will conduct an audit, which is a review of tax information, to ensure that everything is being reported properly on federal income taxes. Both individuals and businesses ...

The audit engagement letter is a written agreement between the auditor and client that outlines the responsibilities of both parties. The audit engagement letter does not actually change the ...

The American Institute of CPAs has posted new information on its Web site for auditors who are asking for further information from attorneys. Processing Content Exhibit C, “Statement on Updates to ...