it verifies the accounts at the end of a financial year, conducted by an independent qualified accountant
If you owe money to the IRS for prior years taxes, and you have a refund due to you on this year's taxes, the IRS will keep the refund and apply it towards the debt that you owe.
IRS tax code 826 means that IRS tax refund will be offset to another year. This happens when there are back taxes owed.
Auditing begins where Accountancy ends.
auditing is a review process,usually of accounting procedures
Despite any rumors you might have heard or read, the IRS audits tax payers 52 weeks per year. Except federal holidays. To learn more about taxes read Wallysworldoftaxes.blogspot.com.
When IRS starting?
Yes, the IRS will continue to keep your IRS refunds even if you are in Currently Not Collectible status.
Sandor Frankel has written: 'How to defend yourself against the IRS' -- subject(s): Tax auditing, United States, United States. Internal Revenue Service
it verifies the accounts at the end of a financial year, conducted by an independent qualified accountant
J. Donald Warren has written: 'Handbook of Accounting and Auditing' 'Continuous auditing' -- subject(s): Auditing, Internal, Internal Auditing
If you owe money to the IRS for prior years taxes, and you have a refund due to you on this year's taxes, the IRS will keep the refund and apply it towards the debt that you owe.
IRS tax code 826 means that IRS tax refund will be offset to another year. This happens when there are back taxes owed.
Vivian R. V. Cooper has written: 'Manual of auditing' -- subject(s): Auditing 'Student's manual of auditing' -- subject(s): Auditing
You might want to consult a more specific source (PPC, IRS, etc) - what you are asking is VERY technical and would take DAYS to post.
auditing is a review process,usually of accounting procedures
What is Auditing practices and methodology of firms?"