What are your chances of an IRS audit? 15 audit red flags

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 ...
RealClearMarketsOpinion

Auditing the IRS: The Future of Government's Most Critical Agency

David Ransom, Washington DC-based attorney and Shareholder at the powerful law and lobbying firm Brownstein, Farber, Hyatt, ...
Forbes

IRS Says To Disclose Aggressive Tax Positions. Is It An Audit Trigger?

A stock photo of a Red Audit stamp on a 1040 US individual income tax return. Photographed at 50mp with the Canon EOS 5DSR and the 100mm 2.8 L lens. The IRS wants you to “disclose” if you do not have ...
Forbes

A New IRS Commissioner And The Promise Of More Efficient Tax Audits

WASHINGTON, DC - AUGUST 18: The Internal Revenue Service (IRS) building on Thursday, Aug. 18, 2022 in Washington, DC. (Kent Nishimura / Los Angeles Times via Getty Images) The Senate has officially ...
TAG24 on MSN

Hegseth faces IRS audit over massive tax debt that he says is a "total sham"

Secretary of Defense Pete Hegseth on Monday revealed that he and his wife are getting audited by the IRS for $33,558 in what ...
Forbes

How Long Can IRS Audit You? It Varies From 3 Years To Forever

A stock photo of a Red Audit stamp on a 1040 US individual income tax return. Photographed at 50mp with the Canon EOS 5DSR and the 100mm 2.8 L lens. It is only natural to be worried about being ...
Accounting Today

IRS high-income taxpayer audits in doubt after layoffs

Internal Revenue Service headquarters in Washington, D.C. The Internal Revenue Service's plan under the Biden administration to audit high-income taxpayers appears less likely after staffing and ...