Despite staffing cuts, the IRS is still looking for scofflaws. Red flags may include failing to report Bitcoin gains and ...
Every year, taxpayers are required to file their tax returns with the Internal Revenue Service (IRS). Whether you’re an employee or self-employed, it’s crucial to fill out the necessary forms ...
The IRS terminated about 7 percent of its roughly 100,000-person workforce in February, including at least 5,000 in the ...
In March 2025, a rumor spread online that most of the Internal Revenue Service (IRS) agents that U.S. President Donald ...
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.
While the fear of an IRS audit looms large for many Americans, the reality is that only a small fraction of taxpayers will ...
As tax season unfolds in the United States, the IRS is actively processing returns and issuing refunds. However, taxpayers ...
“All of a sudden, these cases are going to be closed and we’re going to look like idiots,” said a senior revenue agent, who ...
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 ...
Understanding what not to do is crucial to avoid an audit. Below, I’ll share several actions LLC business owners make that ...
New reports indicate that Elon Musk may hit the agency with a second round of mass layoffs, and that audits could be ...