If you have received an IRS Letter of Notification advising you that your return has been selected for audit, the most ...
Each year on April 15, the Internal Revenue Service expects Americans to file their annual tax returns, and in doing so, Americans expect U.S. tax policy to be administered fairly across demographic ...
Even simple mistakes can raise red flags with the IRS. Here's what deserves special attention so you can avoid triggering an ...
When taxpayers submit their returns this year, they will hope they have faithfully fulfilled their civic duties and can rest on their laurels — at least until next spring. But for millions of ...
Imagine getting a letter in the mail stating you owe someone $98,000. Now imagine that someone is the Internal Revenue Service. Just the mere utterance of the letters “IRS” will give business owners ...
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 ...
Defending yourself during an Internal Revenue Service audit can be a time-consuming, stressful affair — but audits aren’t too common. In fact, less than 1% of all returns are typically audited by the ...
If you're like most Americans, one of your worst fears is having your tax return audited by the IRS. In 2014, the IRS audited nearly 1.4 million tax returns, and almost 1.7 million notices were sent ...
The Treasury Inspector General for Tax Administration (TIGTA) recently released two reports for its study of the IRS Small Business/Self-Employed (SB/SE) Division’s audits of partnerships and S ...