Get ready to meet the IRS again, especially if you’re a high-income filer or a small business owner.
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.
If the IRS notifies you of an audit, and you expected a tax return, you probably have a lot of questions. Will you ever get ...
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 ...
An audit from a government watchdog alerted the IRS of the mistake and the agency took steps to credit the tax accounts ...
Married individuals in the US can have up to $131,000 in long-term capital gains tax-free. The new 1099-D form requires users ...
Retirees who think they can escape the IRS audit machine should think again.
You can approach the issuer and ask the issuer to reissue it correctly. If the issuer of the Form 1099 has already sent it to ...
For many taxpayers, the possibility of an IRS audit can be intimidating. While most taxpayers will never face an audit, it's essential to understand what triggers them, how the process works, and what ...
The national taxpayer advocate says the 2026 tax filing season is likely to face significant challenges due to IRS workforce ...
Tax reporting for crypto is set to get more complicated, especially with new IRS requirements on the horizon. Using privacy ...