March 14, 2024 Add as a preferred source on Google Add as a preferred source on Google While the odds of being audited by the IRS are relatively low for most taxpayers, the prospect of having your ...

You’ve gotten your letter from the vendor. The audit is coming and you’ve got to balance what licenses you have on your systems versus what you’re licensing contracts allow. The difference could cost ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Concept image for filing federal income taxes online and being ...

IRS audits are stressful and costly. Learn best practices and tips that will reduce your chances of getting audited by the ...

“There are two types of companies: those that have been audited [for software violations] and those that will be.” So says Robert J. Scott, the managing partner of legal and technology services firm ...

Perhaps nothing is as heart-stopping as when the IRS auditors come a knockin’, but the arrival of software vendors-with their audit checklists and licensing agreements in hand-isn’t for the faint of ...

Monique Danao is a highly experienced journalist, editor, and copywriter with an extensive background in B2B SaaS technology. Her work has been published in Forbes Advisor, Decential, Canva, 99Designs ...

When it comes to tax compliance, the Internal Revenue Service (IRS) is vigilant in ensuring that all income is accurately reported. A significant reason for an IRS audit is the failure to declare all ...

For many taxpayers, the possibility of an IRS audit can be intimidating. While most taxpayers will never face an audit, it's essential to understand what triggers them, how the process works, and what ...