Catching the Auditor’s Eye


NUMEROLOGY

Not all business types fared equally in last year’s IRS enforcement efforts.

For the 2006 fiscal year, S corporation and partnership audits rose 34% and 15% from 2005, respectively, while audits of small businesses remained constant and efforts against large corporations—those with more than $10 million in assets—actually fell more than 2%.

Source: IRS, www.irs.gov .

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In focus: Payroll

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PODCAST

A closer look at threats to CPA licensure

Legislation in states around the country could put CPA licensure in danger. This episode examines what practitioners need to know to help ensure the profession is protected.