IRS audits are stressful and costly. Learn best practices and tips that will reduce your chances of getting audited by the ...
Seniors are facing surprise IRS audits as algorithms shift and post-retirement finances change. Learn common triggers and how to safeguard your retirement.
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 ...
Most taxpayers won’t be audited, but common mistakes—like reporting errors or inconsistencies—can raise red flags. Knowing ...
It’s no surprise that many people distrust the IRS and IRS audits. The confusing nature of tax laws and the IRS potentially reexamining your federal income tax return, can be daunting. So, it’s not ...
Some of the most valuable tax breaks are also the ones most likely to draw extra attention if you get the details wrong. To keep legitimate write-offs while avoiding IRS scrutiny, I focus on how each ...
These seven common deductions draw IRS scrutiny — not because they're suspicious, but because most people document them wrong ...
With tax season approaching, the IRS is encouraging taxpayers to plan ahead and ensure proper documentation for key ...
Lawmakers are taking a closer look at how the IRS selects taxpayers for audit after studies evidence black taxpayers are audited more often than any other group. (Photo Illustration by Rafael Henrique ...
There is a lot of chatter about the $80 billion of increased funding for the IRS in the Inflation Reduction Act, which President Biden signed into law on Tuesday. The burning question on everyone’s ...
A new audit shows the city of Daytona Beach has been paying car allowances to 85 employees, including some who auditors say do not regularly travel for work.