Year over year, audit rates for returns under $500,000 were largely unchanged, ranging at 0.2% to 0.4%. The Trump administration is going to have to decide how it put its stamp on the IRS and that ...

The IRS says it is about to ramp up audits as it cracks down on tax cheats and seeks to deliver more revenue into the U.S.

Computer keyboard, ... [+] calculator and pen are placed on income tax form 1040. The 'word' AUDIT is stamped on the form 1040. Giving the IRS more time to audit you sounds counterintuitive or ...

The IRS said in a news release Thursday that it’s aiming to nearly triple its audit rate, to 22.6%, on corporations with ...

Audit. The word strikes fear in many people. They dread the scrutiny, penalties and other unfortunate outcomes when the IRS questions the accuracy or the veracity of their tax return. The IRS ...

While billionaires stash fortunes in offshore havens, the IRS is targeting gig workers who make a few bucks answering ...

The IRS focuses its attention on whose taxes to audit. The rates are small and shrinking, in part because of cuts to its enforcement budgets.

To be sure, the IRS already slices audits into income segments. The percentage of audited 2018 tax returns with total ...

The Internal Revenue Service is getting specific about how many more audits it wants to spring on rich taxpayers and ...

A significant reason for an IRS audit is the failure to declare all sources of income. Despite attempts to conceal earnings, the IRS has access to various data sources, including banks and ...

A 'mad rush' to close audits? The Trump administration is going to have to decide how it put its stamp on the IRS and that may take time, said Ellis. Trump tapped Scott Bessent as his Treasury ...