The Internal Revenue Service (IRS) has announced a more rigorous approach to audits in the upcoming tax season. This move ...
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Concept image for filing federal income taxes online and being ...
Taxpayers with troubling challenges — such as questions about a tax bill or an IRS audit — could benefit from special Saturday hours on April 13 at the IRS taxpayer assistance center in Detroit. The ...
Washington (CNN) — 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 ...
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 ...
STATEN ISLAND, N.Y. -- Certain groups will want to ensure the accuracy of their tax returns in the coming years, as their chances of getting audited by the Internal Revenue Service (IRS) are set to ...
There's no denying that feeling of relief once you e-file or mail in your federal income tax return. Whether you're expecting a fat refund or wound up owing Uncle Sam some money instead, at least the ...
The Internal Revenue Service is using the extra funding it received from the Inflation Reduction Act to audit big complex partnerships using data analytics and other technology tools, while working on ...
I filed my taxes in such a hurry that I’m fearful I might have made a mistake and get audited. What happens if I get audited? Fearful of the IRS Dear Fearful of the IRS, An audit is simply a closer ...