Most IRS audits aren't triggered by fraud but by simple mismatches. Learn what red flags raise scrutiny and how to avoid ...
Get ready to meet the IRS again, especially if you’re a high-income filer or a small business owner.
Your tax return could trigger an IRS audit if you're missing key tax forms, experts say. Here's a checklist of forms and when to expect them.
Tax administration is still a big task for the federal government every year. The Internal Revenue Service (IRS) processed more than 266 million tax returns in fiscal year 2024. It collected $5.1 ...
The IRS audits very few returns, but its computers can spot mismatched income, overstated deductions, and other errors, triggering IRS notices, reviews, and costly follow-ups. When people say they’ve ...
WASHINGTON, DC - AUGUST 18: The Internal Revenue Service (IRS) building on Thursday, Aug. 18, 2022 in Washington, DC. (Kent Nishimura / Los Angeles Times via Getty Images) The Senate has officially ...