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

Millions of Americans have filed their income tax returns already, and tens of millions more will be doing so in the coming weeks. With the heavy lifting done, people can turn their attention to other ...

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

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

The Internal Revenue Service (IRS) has announced a more rigorous approach to audits in the upcoming tax season. This move ...

The IRS has made it clear publicly that it will increase efforts to identify tax fraud and underpayments by individuals and businesses with annual income of more than $400,000. But what it didn’t say, ...

Recent improvements in taxpayer services are expected to be unwound by the firing of nearly 7,000 Internal Revenue Service employees, which began on Thursday at the height of the tax-filing season.

The Internal Revenue Service said that it will increase audits for the tax year 2026. In a statement, the agency said it would increase audits for the wealthiest taxpayers, large corporations and ...

Washington (CNN) — 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 ...