WASHINGTON -- The Internal Revenue Service has been auditing more high-income taxpayers but may not be effectively going after one of the biggest problems -- wealthy people who evade taxes by ...
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10 Ways to Avoid an IRS Tax Audit in 2025
Some people aren’t paying their taxes. According to the latest data from the Internal Revenue Service, the tax gap for the ...
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IRS audit rates are at record lows. Five of six IRS audits are now "correspondence" audits. These are letters sent by mail and handled by employees below the ranks of agents (lesser trained and ...
I don’t know of anybody who likes getting any letters from the IRS, especially one that is either a focused audit inquiry or the beginning of a real audit. How do you reduce the risk of getting any of ...
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Ask Chuck: Help! I might get audited by the IRS
I filed my taxes in such a hurry that I’m fearful I might have made a mistake and get audited. What happens if I get audited? Fearful of the IRS Dear Fearful of the IRS, An audit is simply a closer ...
IRS audits aren’t new and recent news is no exception. Due to an influx of funding from the Inflation Reduction Act (IRA), the federal tax agency has been cracking down on high-income and wealthy ...
IRS audits can be so nerve-wracking that, according to the tax agency, 62% of Americans avoid cheating Uncle Sam on their taxes just to steer clear of them. But what can happen if the IRS audits you?
IRVINE, CA / ACCESS Newswire / June 4, 2025 / The IRS is entering a new era of enforcement, and artificial intelligence is leading the charge. According to Clear Start Tax, a national tax resolution ...
As millions of taxpayers file returns, many worry that certain claims could boost their chances of being picked for an IRS audit. Regardless of your income, you shouldn't round numbers or estimate ...
In May, the U.S. Treasury Inspector General for Tax Administration (TIGTA) released a report examining the details of the reduction in workforce that the IRS has been experiencing since the dismissal ...
As millions of taxpayers file returns, many worry that certain claims could boost their chances of being picked for an IRS audit. Still, some areas can be "low-hanging fruit for the IRS," said Mark ...
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