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Tax watchdog sheds light into ATO covert audits

Covert audits by the ATO may be more common than you think, says the Inspector-General of Taxation. Here’s how to spot one, and how the tax watchdog can help.

Tax watchdog sheds light into ATO covert audits
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Tax watchdog sheds light into ATO covert audits

Inspector-General of Taxation Karen Payne believes the secret and protracted nature of covert audits could potentially blindside tax professionals and their clients, leaving them wondering why the ATO might be adopting a particular stance towards them.

Read more at Accountants Daily. 

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