Taxpayers face the risk of an IRS investigation if they commit one of four common mistakes on their tax returns. This warning ...

Navigating the complexities of tax filing can be daunting, especially with the looming possibility of an IRS audit.

When it comes to tax compliance, the Internal Revenue Service (IRS) is vigilant in ensuring that all income is accurately ...

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The prospect of an IRS audit can be daunting for many American taxpayers. Despite the common fear, the truth is that only a ...

Audit rates dropped sharply -- down 46% -- between 2010 and 2018. The audit rate for individual tax returns went from 1.1% to just 0.6%, based on a Congressional Budget Office report. By 2022, the IRS ...

The IRS is supposed to focus on audits of corporations and high-income and wealthy taxpayers. But who’s really under the agency’s microscope? Some answers can be found in a new report shedding light ...

Because of the increased IRS scrutiny of ERC claims, timing challenges associated with responding to the IRS, and the possibility that the taxpayer will have to file suit in federal court to receive ...

The Treasury Inspector General for Tax Administration, or TIGTA, last week reported the IRS has made "limited progress" in developing the methodology for its audit coverage calculation to comply with ...

The tax cuts enacted last month aren’t the only good news for high-income taxpayers. The risk of an in-depth audit by the Internal Revenue Service is likely to ease this year, reversing a two-year ...