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BIR almost done with proposed reforms in tax audit process
The Bureau of Internal Revenue (BIR) has nearly completed its evaluation of controversial letters of authority (LOAs) that ...
Exemption was curtailed because the auditor reported application from past accumulations. The Tribunal ruled CPC acted correctly but allowed reassessment based on corrected Form ...
IRS will start accepting tax returns on Jan. 26. Use direct deposit for refunds and the "Where's My Refund" tool to track it, ...
The IRS will begin accepting 2025 tax returns on Monday, Jan. 26, 2026, the agency announced. Taxpayers have until Wednesday, ...
After years of delays, the IRS expects to complete modernization of its fragmented IT systems by 2028, a former acting IRS commissioner said at an AICPA webcast.
Take an in-depth look at the treatment of revenues and expenses within the accrual method of accounting and learn why many ...
Discover the key assumptions of accounting postulates and their role in shaping accounting standards, including revenue ...
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