IRS audits are stressful and costly. Learn best practices and tips that will reduce your chances of getting audited by the ...
The Internal Revenue Service doesn't collect data on taxpayers' race or ethnicity, but some of its methods could lead to disparities in its audit rate, according to a new report. The GAO report ...
A view of the IRS headquarters. (Photo by Karen Bleier/AFP via Getty Images) The IRS’s primary tool for flagging tax returns for audit is a “first-wave” AI system that includes inputs from humans, ...
Defense Secretary Pete Hegseth on Monday alleged that the Biden administration “rushed” an IRS audit of him after he was nominated, suggesting that the former administration ordered a politically ...
Lawmakers are taking a closer look at how the IRS selects taxpayers for audit after studies evidence black taxpayers are audited more often than any other group. (Photo Illustration by Rafael Henrique ...
Seniors are facing surprise IRS audits as algorithms shift and post-retirement finances change. Learn common triggers and how ...
The Internal Revenue Service is using the extra funding it received from the Inflation Reduction Act to audit big complex partnerships using data analytics and other technology tools, while working on ...
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 IRS announced it issued Publication 5125, Large Business & International Examination Process (LEP), which outlines a new examination process that will apply beginning May 1, 2016, to all taxpayer ...