Wondering the best time to file taxes to avoid audits? While there's no guarantee, these tips can help you minimize ...
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.
Every filing season, the IRS rolls out practical guidance that could save taxpayers time, money, and stress, yet a surprising ...
A mismatch sends up a red flag and causes the IRS computers to spit out a bill that the IRS will mail to you (these letters ...
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Concept image for filing federal income taxes online and being ...
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 ...
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 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 ...
STATEN ISLAND, N.Y. -- Certain groups will want to ensure the accuracy of their tax returns in the coming years, as their chances of getting audited by the Internal Revenue Service (IRS) are set to ...
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 ...
U.S. Senator Marsha Blackburn (R-Tenn.) introduced legislation Wednesday aimed at ending what she describes as an unfair ...