Money Digest on MSN

The IRS can flag your taxes for audit if you don't submit these forms

If you fail to include important income documentation forms with your tax return, the likelihood of an audit from the IRS ...
Forbes

Care With Forms 1099 Helps Audit-Proof Tax Returns

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. This article is more than 10 years old. It’s only natural to hope ...
Forbes

IRS Can Audit Your Taxes Forever If You Miss A Key Form

A stock photo of a Red Audit stamp on a 1040 US individual income tax return. Photographed at 50mp with the Canon EOS 5DSR and the 100mm 2.8 L lens. If you fail to file a required Form 5471, your ...

Income tax rules 2026: Govt renumbers key forms, tax audit now form 26, PAN, TDS, ITR forms changed

One of the most significant changes is in Tax Audit reporting, where the earlier Forms 3CA and 3CB have now been replaced by Form 26.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, ...
The Patriot Ledger

When to audit your company's 401(k) plan to make sure it is in compliance

Understanding when and what type of a 401(k) audit is needed — and what that audit will entail — can help keep a company’s plan in compliance with IRS and Department of Labor requirements. Start by ...
JournalofAccountancy

PCAOB issues guidance on new Form AP reporting

Audit firms are required to report the engagement partner’s name consistently on all Forms AP filed with the PCAOB, according to new PCAOB staff guidance. Form AP is the new document that each ...