There are many factors that can increase you're likelihood of an IRS audit, particularly if you run a business or claim ...

A new report raises questions about how much the IRS is auditing wealthy and high-income individuals and corporations.

As tax season unfolds in the United States, the IRS is actively processing returns and issuing refunds. However, taxpayers must exercise caution to avoid errors that could trigger an audit.

The IRS is ramping up its audit efforts this tax season to ensure compliance and detect inconsistencies. Understanding the selection criteria and how to avoid common pitfalls can help taxpayers ...

Most taxpayers aim to avoid an IRS audit at all costs, but certain seemingly normal claims could end up triggering an audit despite your best intentions.

According to the IRS, an audit is simply a review of your accounts "to ensure information is reported correctly according to the tax laws and to verify the reported amount of tax is correct." ...

The prospect of an IRS audit can be daunting for many American taxpayers. Despite the common fear, the truth is that only a small percentage of taxpayers are actually audited each year. However ...

The Internal Revenue Service is cranking up its number of taxpayer audits, thanks to an $80 billion infusion from the Inflation Reduction Act, or IRA, which was signed into law in August 2022. But ...

The IRS says its push to step up audits on wealthy tax cheats is paying off, with the agency recovering more than $1 billion.

Shifts in federal policy reshape tax enforcement strategy, altering expectations for high-income and corporate audit activity in 2025.

What to do after receiving an audit letter from the IRS Here are the crucial steps you should take immediately after opening an audit notice from the IRS.

The U.S. Internal Revenue Service said it audited 12.48% of individual tax returns with income exceeding $1 million during 2011, an all-time high.