The IRS audits very few returns, but mismatched income, overstated deductions, and easy-to-spot errors can still trigger IRS notices, reviews, and costly follow-ups.
Don't want fat penalties? Here's what triggers the IRS' attention and how to stay off its radar.
The taxman is using advanced technology to spot inconsistencies—make sure your return does not stand out for the wrong ...
If you have received an IRS Letter of Notification advising you that your return has been selected for audit, the most important thing to ...
Why do you need a lawyer for an IRS audit? Have you received an IRS audit notification (IRS form letter 2205-A, 2205-B, or 566)? What do you need to know? Many taxpayers wonder why they were selected ...
They don't automatically mean an IRS agent will be at your door Fact checked by Suzanne Kvilhaug The word "audit" can make anyone break out in a sweat, but understanding what it is and how the ...
Editor: No one likes to pay taxes, but we need taxes to fund important government programs. We need the government to be fair and even-handed. A new IRS policy will reduce the number of audits of the ...
Retirees who think they can escape the IRS audit machine should think again.
Taxpayers are typically worried they'll get audited for making mistakes on their returns, but audits are historically rare. The Trump administration reduced the number of IRS employees, so there is a ...
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 ...