Think your return is safe? Some tax numbers could suggest otherwise and increase your risk of an IRS audit. Here is what ...
The IRS's capacity to prevent big multinational corporations from avoiding income taxes is facing a generational crisis.
Some tax write-offs slip under the radar, but others can attract unwanted attention. One category in particular draws more attention than you might expect.
Being in business for yourself can be exciting, lucrative, and a great way to draw the attention of the IRS's audit division. The IRS has audited significantly less than 1% of all individual returns ...
The IRS understands that filing your taxes is like pulling teeth -- but that doesn't excuse sloppy filing or intentional misrepresentation.
Audits are the Internal Revenue Service’s tool for spotting red flags in people’s tax returns. But with massive cuts to the agency’s workforce, the question now is whether the tax collector is waving ...
Getting an audit letter from the Internal Revenue Service (IRS) can be stressful, but it doesn't automatically mean you're in legal trouble. "Don't panic," says tax attorney Alyssa Maloof Whatley. "A ...
A top Democrat warned last week that the White House's government efficiency team could disrupt tax refund processing as representatives began examining Internal Revenue Service operations during peak ...
Following are examples of tried and proven tax-reduction tips: Get help. The U.S. Internal Revenue Code is 3.4 million words long. It changes every year, often in ways that directly affect ...
At least one member of the Department of Government Efficiency (DOGE) visited the Internal Revenue Service (IRS) offices in Washington on Thursday as Elon Musk's cost-cutting group prepares to audit ...
Americans received a glimmer of financial relief last week when the Federal Reserve cut rates for the first time this year, and indicated more cuts could be on the horizon. In just a few weeks, there ...