Some tax write-offs slip under the radar, but others can attract unwanted attention. One category in particular draws more ...
IRS audits don't happen at random. Certain transactions draw more scrutiny than others, and one type in particular consistently raises red flags.
IRS audits can be triggered by errors in income, assets, deductions, or crypto. Accuracy, honesty, and proper records are the ...
Think your return is safe? Some tax numbers could suggest otherwise and increase your risk of an IRS audit. Here is what ...
The IRS understands that filing your taxes is like pulling teeth -- but that doesn't excuse sloppy filing or intentional misrepresentation.
The Internal Revenue Service has launched a new initiative using artificial intelligence to detect and penalize tax evasion amongst 75 hedge funds, private equity groups, real estate investors, and ...
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 ...
Stricter IRS rules on business write-offs expected to impact self-employed workers, freelancers, and small businesses this ...
IRS enforcement priorities shift toward questionable write-offs, putting small business owners and self-employed taxpayers on notice in 2025.
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 Democrat-backed Inflation ...