Most taxpayers won’t be audited, but common mistakes—like reporting errors or inconsistencies—can raise red flags. Knowing ...
Financial experts reveal eight common tax mistakes that can increase your chances of triggering an IRS audit and explain how to avoid these costly errors.
Seniors are facing surprise IRS audits as algorithms shift and post-retirement finances change. Learn common triggers and how ...
The IRS has made “limited progress” in determining how many audits it is performing on taxpayers earning less than $400,000, according to a new watchdog report. The magic number is needed to ensure ...
WASHINGTON – The Internal Revenue Service (IRS) plans to ratchet up its audits for wealthier Americans and major corporations while at the same time tweaking a procedure that has led to a ...
A view of the Internal Revenue Service building. (Chip Somodevilla / Getty Images) An IRS pilot program that uses artificial intelligence to select audit cases and identify noncompliance didn’t ...
Some people aren’t paying their taxes. According to the latest data from the Internal Revenue Service, the tax gap for the ...
WASHINGTON -- The Internal Revenue Service audited more high-income taxpayers in fiscal 2002 and collected $32.6 billion in unpaid taxes through traditional audits and newer programs aimed at ...
Musk reportedly plans massive IPO for SpaceX. Here’s what that means Drone footage shows river breaking its banks in ...