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 ...
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 ...
With the end of tax season, the fear of a tax audit can grow. Whatever the outcome, avoiding an IRS audit is crucial. But understanding your triggers can help you steer clear of unwanted scrutiny.
Getting an audit letter from the Internal Revenue Service (IRS) can cause concern for even the most organized taxpayer. If you've received one of these letters after filing your taxes, you might ...
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The fear of an IRS audit is real, for what reasons do they choose you?
The prospect of an IRS audit can be daunting for many American taxpayers. Despite the common fear, the truth is that only a ...
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What does the IRS look at to decide who to audit?
The Internal Revenue Service (IRS) has announced a more rigorous approach to audits in the upcoming tax season. This move ...
Every year, over 100 million Americans file their taxes for their household or themselves. Most of them go all out to do it by April 15, but the IRS can provide up to six more months (upon request) to ...
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 ...
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 ...
Taxpayers with troubling challenges — such as questions about a tax bill or an IRS audit — could benefit from special Saturday hours on April 13 at the IRS taxpayer assistance center in Detroit. The ...
Dawn Nici was formally the deputy editor for consumer finance at Forbes Advisor. Her more than 20 years of experience in financial and business reporting include coverage of the New York Stock ...
Sen. Joni Ernst (R-IA) is pushing for a regular audit of the Internal Revenue Service after a new inspector general report found that nearly 6,000 employees owe nearly $50 million in back taxes. The ...
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