The Internal Revenue Service (IRS) has begun to audit fixed indemnity health/wellness benefit plans that have been marketed ...
The IRS saw a significant decrease in revenues generated by audits in fiscal year 2025, according to a report released last week by the Treasury Inspector General for Tax Administration (TIGTA), and ...
"Because we raised salaries, we can take a significant tax deduction from our corporate tax again this year."The "tax ...
Revenue from IRS audits plunged 35% in fiscal 2025 as the agency shed thousands of enforcement workers, according to a new report from the Treasury Inspector General for Tax Administration, an agency ...
Tax audit deadline is October 21, 2026. Understand Form 3CA-3CD vs 3CB-3CD, applicable taxpayers, audit thresholds and how to ...
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. Some red flags could include unreported ...
In recent years, the IRS has devoted more resources to employment tax matters. In addition to standard non-reporting and non-payment disputes, which will always be a high priority to the agency, the ...
We are often asked how to prepare for an IRS audit. The first and most important thing to know is that speaking directly with the IRS is not in your best interest. IRS Revenue Officers (auditors) are ...
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