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Audit
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Industry News

Tax Audit Activity Heats Up as Federal, State Authorities Hunt For Revenue

Posted November 9, 2011 by Charles Davidson

A recent survey conducted by KPMG LLP indicates that federal and state governments are increasing their audit activity in an effort to capture tax revenue. Nearly two-thirds of the corporations that responded to the survey indicated that they noticed an increase in audit activity over the last year. These observations are supported by findings from [...]

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IRS News

The IRS Took Necessary and Appropriate Actions Following Austin Incident, TIGTA Finds

Posted November 9, 2011 by Charles Davidson

November 10, 2011 TIGTA – 2011-81 Contact: David Barnes (202) 622-3062 David.barnes@tigta.treas.gov TIGTACommunications@tigta.treas.gov The IRS Took Necessary and Appropriate Actions Following Austin Incident, TIGTA Finds WASHINGTON — The Internal Revenue Service (IRS) adequately prepared for and took the necessary actions to evacuate and protect IRS employees, secure taxpayer data and Federal Government property, and timely [...]

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