IRS audits are stressful and costly. Learn best practices and tips that will reduce your chances of getting audited by the IRS and help you stay compliant.

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 ...

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 ...

Many retirees assume they’re in the clear when it comes to IRS audits, but overlooked income, RMD errors, and other changes ...

Most taxpayers won’t be audited, but common mistakes—like reporting errors or inconsistencies—can raise red flags. Knowing the IRS’s top audit triggers can help you reduce your risk.

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 ...

The Internal Revenue Service audits Black taxpayers at 2.9 to 4.7 times the rate of non-Black taxpayers, mainly due to automated algorithms that flag discrepancies in claims for tax credits, according ...

Defense Secretary Pete Hegseth on Monday alleged that the Biden administration “rushed” an IRS audit of him after he was nominated, suggesting that the former administration ordered a politically ...

If you believe the addition of 87,000 new IRS agents is to audit only the super-rich or to answer the public’s tax compliance questions, you’re delusional. Twice in my life Democrats have seriously ...

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 ...