IRS Audits help the agency collect money that tax cheats owe the federal government, but experts say they also serve another important purpose: They help deter fraud. That can cause some serious agita ...
IRS audits are stressful and costly. Learn best practices and tips that will reduce your chances of getting audited by the ...
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 ...
The Internal Revenue Service said Monday it plans to lower its audit rate of low-income taxpayers who claim refundable tax credits like the Earned Income Tax Credit as it increases audits of wealthier ...
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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 ...
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 ...
HELENA, Mont. — In Helena on Monday, legislators reviewed a concerning audit report showing the Montana Board of Housing is falling short when it comes to the way they award a crucial tax credit. A ...
The Internal Revenue Service switched over from focusing its audits on taxpayers earning $10 million or more to those earning $400,000 or more after passage of the Inflation Reduction Act, according ...