Read more: The IRS Is More Likely To Consider You For Audit If You Make These 12 Mistakes ...

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While the chances of an IRS audit have been slim, the agency may scrutinize your return for several reasons. Some red flags for an audit are round numbers, missing income, excessive deductions or ...

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 furlough of nearly half its workforce means both trouble & opportunity for all taxpayers, Expert offers what to expect, how to navigate it ...

IRS furloughs half its workforce, disrupting crypto tax services and delaying key guidance amid the government shutdown.

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's capacity to prevent big multinational corporations from avoiding income taxes is facing a generational crisis.

Much of the agency is going dark until Congress restores federal funding, but it will still be collecting tax revenue ...

WASHINGTON - The IRS failed to pursue mandatory audits of Donald Trump on a timely basis during his presidency, a congressional panel found on Tuesday, raising questions about statements by the former ...