The IRS increased the optional standard mileage rate used to calculate the deductible costs of operating a vehicle for business to 70 cents per mile driven, up 3 cents from 2024. December 20, 2024 Applicability date set for required minimum distribution regulations ...
Tabling of the bill on reservation for local candidates by the Karnataka government Extension of working hours in the IT sector being deliberated by the Karnataka Government SOPs for authorised officers being issued for audit of exempted establishments under the EPF Act ...
Tax Audit can be daunting but understanding its applicability can help ease the process Date - 15th Sep 2023 Tax audit is a process by which a chartered accountant (CA) examines the financial records of a taxpayer to ensure that they are accurate and compliant with the tax laws. ...
Our tax attorneys have experience dealing with all levels of the Internal Revenue Service, from the private letter ruling process at the IRS National Office in Washington, D.C., through the audit and Appeals Office processes at the local and regional levels. Our lawyers represent taxpayers before...
TaxMode's capabilities can satisfy almost any level of need for tax computation, planning and analysis. This app can be a valuable tool for professionals and nonprofessionals alike. For a tax professional it will enhance your analytical ability, improve your day to day productivity and make tax...
The IRS also announced a new pilot compliance program designed to reduce the burden of a qualified plan audit for employers who offer retirement plan options. And, in a piece of good news for small business clients, the IRS has responded to rising gas prices by increasing the standard ...
The IRS also announced a new pilot compliance program designed to reduce the burden of a qualified plan audit for employers who offer retirement plan options. And, in a piece of good news for small business clients, the IRS has responded to rising gas prices by increasing the standard ...
-Framework for Monitoring and Supervision of System Audit of Stock Brokers (SBs) through Technology based Measures. January 31, 2025 GST -Information received from Ministry of Civil Aviation (MoCA) with respect to Gazette notification No. 08/2024 - Integrated Tax (Rate) dated 08.10.2024 notified...
For a client who disagreed with the national tax authority’s view regarding their tax audit, we collaborated with PwC Tax Japan to prepare and submit objections and legal opinions, which were effective in convincing the tax authority to accepted the client’s position. Preparation for future tax...
Budgetary limitations on the Internal Revenue Service's ability to address non-compliance have resulted in substantial shortfalls in tax revenue for years. Audit rates and resulting declines in headcount and enforcement decreased for all individual returns at all income levels between 2010 and 2019 bec...