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Avoiding IRS Audits: EsYou can qualify for an IR audit if you make these mistakessential Tips for U.S. Taxpayers
Every year, millions of U.S. taxpayers face the scrutiny of the IRS. A single mistake on your tax return can lead to ...
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.
Trump’s job cuts are forcing the IRS to cancel several large audits, which could result in tens of billions in lost revenue for the government
Staff cuts under Donald Trump’s government-wide reduction are putting large ongoing audits on hold, and the IRS is unlikely ...
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 ...
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 ...
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Tax revenue collected by the IRS set to drop by over 10%
The US government could collect significantly less in tax revenue this year, with officials at the Internal Revenue Service ...
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What does the IRS look at to decide who to audit?
The Internal Revenue Service (IRS) has announced a more rigorous ... While being selected for an audit doesn't automatically ...
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How to avoid an IRS audit?
Each year, taxpayers in the United States are required to submit their tax returns to the Internal Revenue Service (IRS ... including the possibility of an audit. An audit involves a thorough ...
DOGE proposes slashing Internal Revenue Service staff by 20%
The Department of Government Efficiency (DOGE) is reportedly proposing cutting the Internal Revenue Service’s (IRS) workforce ...
How long should you keep tax return records?
The Internal Revenue Service generally recommends keeping tax returns and related documents for at least three years after ...
Are IRS Penalties Tax Deductible?
The U.S. tax code does not allow taxpayers to deduct penalties assessed by the Internal Revenue Service. However, they may ...