Despite staffing cuts, the IRS is still looking for scofflaws. Red flags may include failing to report Bitcoin gains and ...
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In March 2025, a rumor spread online that most of the Internal Revenue Service (IRS) agents that U.S. President Donald ...
The IRS terminated about 7 percent of its roughly 100,000-person workforce in February, including at least 5,000 in the ...
It's never fun to get this type of letter from the IRS, but there are steps you can take to resolve the situation.
These are the most common mistakes that can lead to an IRS audit, according to a tax lawyer. Here's how to avoid them.
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MiBolsilloColombia on MSNThe fear of an IRS audit is real, for what reasons do they choose you?While the fear of an IRS audit looms large for many Americans, the reality is that only a small fraction of taxpayers will ...
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MiBolsilloColombia on MSNIRS Audits: In which cases there is no tax refundAs tax season unfolds in the United States, the IRS is actively processing returns and issuing refunds. However, taxpayers ...
Understanding what not to do is crucial to avoid an audit. Below, I’ll share several actions LLC business owners make that ...
Everyone dreads the idea of a tax audit. And luckily, almost no one gets one. Only 0.2% of taxpayers who made less than $1 ...
The IRS is always on the lookout for tax returns that just don't make sense. Making these five errors can increase the chances that your return will be audited.
The IRS is working on plans to avoid increased audits on taxpayers making less than $400,000 — but certain areas can invite scrutiny, regardless of income.
New reports indicate that Elon Musk may hit the agency with a second round of mass layoffs, and that audits could be ...
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