I’m a tax expert — here’s how I avoid IRS audits every year - A quarter of taxpayers worry about being audited ...
The IRS audits very few returns, but mismatched income, overstated deductions, and easy-to-spot errors can still trigger IRS notices, reviews, and costly follow-ups.
Don't want fat penalties? Here's what triggers the IRS' attention and how to stay off its radar.
If the IRS notifies you of an audit, and you expected a tax return, you probably have a lot of questions. Will you ever get ...
No one wants to be audited by the Internal Revenue Service (IRS), as it can be a stressful and potentially expensive process. While there’s no sure-fire way to prevent an audit, knowing the steps you ...
The Internal Revenue Service (IRS) has announced a more rigorous approach to audits in the upcoming tax season. This move ...
Retirees who think they can escape the IRS audit machine should think again.
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 ...
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 ...
The Internal Revenue Service doesn't collect data on taxpayers' race or ethnicity, but some of its methods could lead to disparities in its audit rate, according to a new report. The GAO report ...