On 7 January 2025, President John Mahama was sworn in for a second, non-consecutive term. He inherited an economy in fiscal ...
YOUNGSTOWN, N.Y. — An audit by the New York State Comptroller's office found village of Youngstown officials failed to maintain accurate leave records and ensure payroll payments were properly ...
Miami-Dade County is cracking down on payroll miscalculations by launching a payroll audit initiative. The audit comes two years after the discovery of over and under payments involving the Clerk of ...
Whether you’re an employer running payroll or a W-2 employee trying to understand where your paycheck is going, it’s important to know which federal, state and benefits-related deductions come out of ...
As a small business owner, Liz understands the unique challenges entrepreneurs face. Well-versed in the digital landscape, she combines real-world experience in website design, building e-commerce ...
South Carolina is joining a growing number of states using artificial intelligence to help select which taxpayers to audit starting this year. “We have been vetting for probably three or four years ...
Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone. With the filing deadline for tax returns less than a month way, taxes ...
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 ...
Just looking at the raw numbers, less than 1% of filers have been audited by the IRS in recent tax years. Based on the latest data available, for example, in tax year 2021 the IRS pursued a mere 0.3% ...
Labor is the biggest expense for many companies — and one of the biggest headaches. If you're a small- to medium-sized business, hiring a payroll department or even affording top-of-the-line software ...
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