The IRS understands that filing your taxes is like pulling teeth -- but that doesn't excuse sloppy filing or intentional misrepresentation.

Think your return is safe? Some tax numbers could suggest otherwise and increase your risk of an IRS audit. Here is what ...

The Internal Revenue Service has launched a new initiative using artificial intelligence to detect and penalize tax evasion amongst 75 hedge funds, private equity groups, real estate investors, and ...

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

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

Getting an audit letter from the Internal Revenue Service (IRS) can be stressful, but it doesn't automatically mean you're in legal trouble. "Don't panic," says tax attorney Alyssa Maloof Whatley. "A ...

Some tax write-offs slip under the radar, but others can attract unwanted attention. One category in particular draws more ...

The IRS pays close attention to certain business credits. Without proper documentation, taking this one could put you at greater audit risk.

With the end of tax season, the fear of a tax audit can grow. Whatever the outcome, avoiding an IRS audit is crucial. But understanding your triggers can help you steer clear of unwanted scrutiny.

Millions of Americans have filed their income tax returns already, and tens of millions more will be doing so in the coming weeks. With the heavy lifting done, people can turn their attention to other ...

The Internal Revenue Service said it plans to sharply increase audit rates for big corporations, partnerships and multimillionaires over the next three years after a massive boost in funding by the ...