IRS audits don't happen at random. Certain transactions draw more scrutiny than others, and one type in particular ...

IRS audits can be triggered by errors in income, assets, deductions, or crypto. Accuracy, honesty, and proper records are the ...

On May 2, the Internal Revenue Service (IRS) announced the steps it will take to address a wide disparity in audit rates between Black taxpayers and other filers. On May 2, the IRS announced the steps ...

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The IRS is working on plans to avoid increased audits on taxpayers making less than $400,000 — but certain areas can invite scrutiny, regardless of income. Some red flags could include unreported ...

Lavish spending on homes, cars, and vacations could draw increased IRS scrutiny as new enforcement tools go live in 2025.

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 ...

The head of the Internal Revenue Service yesterday promised more and better-targeted audits of tax returns starting this year. "We are definitely going to see an increase this year," IRS Commissioner ...