News

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 ...
There's no sure way to predict an IRS audit, but if you're self-employed, these ten "red flags" could increase your chances of drawing unwanted attention from the IRS.
Contact the advisor who prepared your tax return because they can explain the IRS tax audit process and help you prepare by determining the nature of the audit and reviewing your records.
Being subjected to an IRS audit is never a pleasant experience. However, the experience is not nearly as stressful as most taxpayers believe. Generally, a disallowance of deductions by the IRS may ...
The IRS announced it issued Publication 5125, Large Business & International Examination Process (LEP), which outlines a new examination process that will apply beginning May 1, 2016, to all taxpayer ...
In a nutshell, what technology has done is to compress time. The IRS no longer needs three years or 1,095 days to process returns, select them for audit and then contact taxpayers.
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 ...