Millions of Americans have filed their income tax returns already, and tens of millions more will be doing so in the coming weeks. With the heavy lifting done, people can turn their attention to other ...
With the end of tax season, the fear of a tax audit can grow. Whatever the outcome, avoiding an IRS audit is crucial. But understanding your triggers can help you steer clear of unwanted scrutiny.
The Internal Revenue Service said it plans to sharply increase audit rates for big corporations, partnerships and multimillionaires over the next three years after a massive boost in funding by the ...
The prospect of an IRS audit can be daunting for many American taxpayers. Despite the common fear, the truth is that only a ...
The Internal Revenue Service (IRS) has announced a more rigorous approach to audits in the upcoming tax season. This move ...
IRS audits are stressful and costly. Learn best practices and tips that will reduce your chances of getting audited by the IRS and help you stay compliant.
Every year, over 100 million Americans file their taxes for their household or themselves. Most of them go all out to do it by April 15, but the IRS can provide up to six more months (upon request) to ...
The Internal Revenue Service said that it will increase audits for the tax year 2026. In a statement, the agency said it would increase audits for the wealthiest taxpayers, large corporations and ...
Sen. Joni Ernst (R-IA) is pushing for a regular audit of the Internal Revenue Service after a new inspector general report found that nearly 6,000 employees owe nearly $50 million in back taxes. The ...
Dawn Nici was formally the deputy editor for consumer finance at Forbes Advisor. Her more than 20 years of experience in financial and business reporting include coverage of the New York Stock ...
Taxpayers with troubling challenges — such as questions about a tax bill or an IRS audit — could benefit from special Saturday hours on April 13 at the IRS taxpayer assistance center in Detroit. The ...
At least one member of the Department of Government Efficiency (DOGE) visited the Internal Revenue Service (IRS) offices in Washington on Thursday as Elon Musk's cost-cutting group prepares to audit ...