While audits are relatively rare, certain mistakes and inconsistencies can increase the likelihood of a review.

Tax scams abound during filing season and the IRS has a new way for taxpayers to report them. You can find a new reporting page on the IRS website at https://www.irs.gov/help/report-fraud. It allows ...

In a new report, the Government Accountability Office revealed the impact of workforce reductions at the Internal Revenue ...

A Treasury watchdog report found that the tax agency projected $61.2 million in costs for the free electronic filing tool in ...

Add Yahoo as a preferred source to see more of our stories on Google. The Internal Revenue Service is making it easier for taxpayers to be government watchdogs. The IRS recently announced the launch ...

The IRS has been examining only a tiny fraction of tax filings from large partnerships due to staffing shortages and other resource constraints.

The IRS closed over half a million audits last fiscal year. Learn how to prevent your tax return from attracting IRS scrutiny ...

The IRS is moving away from paper refund checks. Taxpayers should include their bank account information on their 2025 tax ...

Un letrero afuera del edificio del Servicio Interno de Impuestos del Departamento del Tesoro de Estados Unidos (IRS, por sus siglas en ingls), el 4 de mayo de 2021 ...

Add Yahoo as a preferred source to see more of our stories on Google. TRIAD — Overstated or outright false claims of a common tax form used in gaining refunds for taxes paid on undistributed capital ...

What are the IRS reporting requirements for rental income? If you’re a new real estate investor, you might ask yourself, “Will the IRS know about my rental income?” The answer is simple: Yes, the IRS ...

The landscape for the 2026 tax season has its fair share of potential potholes ahead. But most taxpayers will most likely see federal income tax returns processed quickly with refunds heading out the ...