The Internal Revenue Service has issued final regulations for the tax preparer due diligence penalty, extending it from the Earned Income Tax Credit to other types of refundable tax credits. The final ...

Attorneys are sometimes asked to assist with tax due diligence in business acquisitions, which involves investigating a target business to assess potential tax exposure that could affect a purchaser.

The IRS on Tuesday finalized proposed regulations under Sec. 6695(g) imposing a penalty on tax return preparers who do not follow certain due-diligence requirements when preparing to file returns for ...

Alex Sonkin, Founder of the Due Diligence Project ™ (duediligenceproject.com) and the Virtual Family Office (VFO Hub), has organized the largest independent peer-reviewing community of tax ...

When buying a small business, a due diligence checklist can help you evaluate its financial statements, contracts and existing liabilities. Reviewing the legal standing of the business, including ...

Business owners spend countless hours building their businesses. When it comes to selling their businesses, however, owners often overlook the importance of due diligence work and preparation.

Many technology companies pursue M&A opportunities to increase value and drive growth. However, they’re often unprepared for the scrutiny of due diligence — resulting in negative consequences, such as ...

The IRS finalized proposed regulations under Sec. 6695(g) imposing a penalty on tax return preparers who do not follow certain due-diligence requirements when preparing to file returns for taxpayers ...