Taxpayers face the risk of an IRS investigation if they commit one of four common mistakes on their tax returns. This warning ...

When it comes to tax compliance, the Internal Revenue Service (IRS) is vigilant in ensuring that all income is accurately ...

Navigating the complexities of tax filing can be daunting, especially with the looming possibility of an IRS audit.

The prospect of an IRS audit can be daunting for many American taxpayers. Despite the common fear, the truth is that only a ...

The agency is continuing essential functions such as revenue collection and criminal investigations, but day-to-day ...

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For most taxpayers, interactions with the IRS beyond the annual obligation to report income and other financial information is something to be avoided at all costs. IRS agents work tirelessly to sift ...

The IRS is supposed to focus on audits of corporations and high-income and wealthy taxpayers. But who’s really under the agency’s microscope? Some answers can be found in a new report shedding light ...

As ongoing workforce reductions in the IRS raise questions on its ability to chase tax dodgers and serve honest filers, leadership at the agency is betting on modernized technology to pick up the ...

The tax cuts enacted last month aren’t the only good news for high-income taxpayers. The risk of an in-depth audit by the Internal Revenue Service is likely to ease this year, reversing a two-year ...

Getting an audit letter from the Internal Revenue Service (IRS) can cause concern for even the most organized taxpayer. If you've received one of these letters after filing your taxes, you might ...

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 ...