The IRS Is in Disarray. Here’s How to Avoid an Audit.
Despite staffing cuts, the IRS is still looking for scofflaws. Red flags may include failing to report Bitcoin gains and ...
These mistakes could land you with an audit by the IRS: How to avoid them when submitting your 2025 return
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 ...
Examining claim that most of fired IRS agents were trained to audit billionaires and corporations
In March 2025, a rumor spread online that most of the Internal Revenue Service (IRS) agents that U.S. President Donald ...
Richest Americans, big businesses might welcome IRS cuts, officials say
The IRS terminated about 7 percent of its roughly 100,000-person workforce in February, including at least 5,000 in the ...
Avoid these 4 red flags that could trigger an IRS audit this tax season
These are the most common mistakes that can lead to an IRS audit, according to a tax lawyer. Here's how to avoid them.
Received an audit letter from the IRS? Do these 3 things now
It's never fun to get this type of letter from the IRS, but there are steps you can take to resolve the situation.
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The 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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IRS Audits: In which cases there is no tax refund
As tax season unfolds in the United States, the IRS is actively processing returns and issuing refunds. However, taxpayers ...
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After mass firings, the IRS is poised to close audits of wealthy taxpayers, agents say
“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 ...
If your tax return contains any of these 3 red flags, you're more likely to be audited by the IRS, CPAs say
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 ...
Audit Triggers For LLC Business Owners To Avoid
Understanding what not to do is crucial to avoid an audit. Below, I’ll share several actions LLC business owners make that ...
DOGE Could Cut the IRS in Half. What Does That Mean for Your Tax Filings?
New reports indicate that Elon Musk may hit the agency with a second round of mass layoffs, and that audits could be ...