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BIR field audits halted
THE Department of Finance (DOF) on Monday ordered the suspension of all Bureau of Internal Revenue (BIR) field audits amid allegations of a “money-making scheme” involving the issuance of audit ...
The report, by the Treasury Inspector General for Tax Administration, found 26 audits out of a statistical sample of 116 field audits in which fraud indicators were not recognized and investigated to ...
About six months ago, the Bureau of Internal Revenue (BIR) took the bold and welcome step of pausing, reviewing, and ...
During their scheduled audit routine, sales reps and merchandisers often must gather data around specific products, inventory levels and pricing. This data, whether tracked through spreadsheets, paper ...
Is an IRS audit less likely amid agency cuts? Some issues are still ‘low-hanging fruit,’ expert says
As of Dec. 18, the IRS was about 27% smaller compared to the start of 2025, with the workforce falling from more than 102,000 in January 2025 to about 74,000 in December. Despite staffing cuts, the ...
Receiving an audit letter from the Internal Revenue Service is not the way anyone wants to end the tax season. However, not every audit that arrives in a taxpayer’s mailbox requires a face-to-face ...
SAN FRANCISCO, March 25, 2025 (GLOBE NEWSWIRE) -- Fieldguide, the leader in professional-grade AI for audit and advisory firms, today announced the launch of Field Agents, agentic AI designed to ...
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