The IRS will increase tax audits on the wealthiest Americans and large corporations as part of its effort to crack down on tax cheats. The agency received $80 billion in new funding as part of the ...
The Internal Revenue Service detailed its plans Thursday to significantly ramp up audit rates of wealthy taxpayers and large corporations, using funds provided by the Democrat-backed Inflation ...
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.
'Who around here decided that Americans were crying out for more interaction with the IRS'?' Fox News' Peter Doocy asked the press secretary. 'I don' understand your question,' the press secretary ...
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 ...
With massive IRS staff cuts, can rich households expect the agency to ease up on audits? Audits are the Internal Revenue Service's tool for spotting red flags in people's tax returns. But with massive ...
A colleague recently was audited by the IRS. Do you have any tips for preventing an audit on my tax return? The word “audit” strikes fear in the hearts of most people. Audits are a common concern for ...
Being in business for yourself can be exciting, lucrative, and a great way to draw the attention of the IRS's audit division.