WASHINGTON – The Internal Revenue Service (IRS) plans to ratchet up its audits for wealthier Americans and major corporations while at the same time tweaking a procedure that has led to a ...

The IRS announced it issued Publication 5125, Large Business & International Examination Process (LEP), which outlines a new examination process that will apply beginning May 1, 2016, to all taxpayer ...

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 ...

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 ...