Practitioners have been making use of a resource arising from the IRS’ ongoing audit initiative concerning capitalization rules. The IRS issued Capitalization v. Repairs Audit Technique Guide ...

Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone. The IRS recently surprised tax experts by issuing a new version of ...

In today's rapidly evolving technological landscape, artificial intelligence (AI) drives innovation and efficiency across various industries. From automating mundane tasks to supporting data-driven ...

BANKING: Auditors of banks have been issued with guidance notes to help them decide when they should report matters of concern to the Central Bank. Similar practice notes from the Auditing Practices ...