Financial experts reveal eight common tax mistakes that can increase your chances of triggering an IRS audit and explain how ...

When it comes to tax compliance, the Internal Revenue Service (IRS) is vigilant in ensuring that all income is accurately reported. A significant reason for an IRS audit is the failure to declare all ...

The Internal Revenue Service (“IRS” or the “Service”) aggregates, reviews, and analyzes taxpayer data and determines whether ...

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 doesn't collect data on taxpayers' race or ethnicity, but some of its methods could lead to disparities in its audit rate, according to a new report. The GAO report ...

An IRS audit doesn’t have to be a nightmare of financial and emotional fear. How do most US taxpayers react when they receive an audit letter from the IRS? What are the actions you can take to not ...

Some people aren’t paying their taxes. According to the latest data from the Internal Revenue Service, the tax gap for the ...

The Internal Revenue Service (IRS) announced new guidance on Friday aimed at dramatically reducing examination times for corporate taxpayers while making the audit process more collaborative and ...

The Internal Revenue Service detailed its plans Thursday to significantly ramp up audit rates of wealthy taxpayers and large corporations, using funds provided by the Democrat-backed Inflation ...