Stay calm and read your audit letter carefully if you're being audited. Find out what steps you need to take. You have the right to get help if you need it.

Navigating the complexities of tax season can be daunting, especially with the looming threat of IRS penalties and audits.

Be careful rushing through your taxes to get your refund faster. A mistake could bring you an audit instead. Here's how to ...

The harsh statute of limitation rule for Form 5471 was enacted in 2010, part of the same law that brought us FATCA, the Foreign Account Tax Compliance Act. The possibility that the IRS can audit ...

According to the TIGTA, the IRS has only made "limited progress" in figuring out how to comply with the $400,000 tax audit directive. Here are some of the issues. There’s another concern with ...

Regaining compliance means preparing and filing ... enters into the program prior to the initiation of an IRS employment tax audit. If the taxpayer is already involved in an employment tax audit ...

When you are selected for an audit, the IRS sends a letter in the mail with specific information about why your return is being examined. To comply, you will submit records for an examiner to review.

Did you know the appeal of an IRS audit is based upon the IRS examination file record of the audit itself? When the IRS ...

Being in business for yourself can be exciting, lucrative, and a great way to draw the attention of the IRS's audit division.

Audits are among the IRS's most well-known activities and they represent a key way in which the agency is able to claw back money that's owed by certain taxpayers. Despite the common notion that ...

Be sure to find out where you land before filing. Also, there are several things you should know to avoid the dreaded tax audit. The IRS audits some returns to get a closer look. If you get the ...

The IRS will also deploy AI and similar automated technology to improve customer service for taxpayers. However, given a history of biased audit algorithms and other missteps at the agency ...