The national taxpayer advocate’s first report to the new Congress highlighted the need for money devoted to taxpayer services and technology.

An independent watchdog finds the IRS has improved its overall taxpayer service through Democrats' Inflation Reduction Act but still faces delays processing claims from a coronavirus pandemic-era tax ...

The corporate affairs ministry has directed cost auditors to focus on potential risk areas, assess cost inefficiencies' ...

While artificial intelligence has intrigued humans for centuries, it was not until the past few years that it has undergone explosive growth in every field.

This past year wasn't short on tax and accounting news, affecting taxpayers and tax professionals alike. Here are the top tax ...

Olson said that attitude was disturbing and that simplistic answers can create problems for taxpayers in IRS audits and in the courts. “A swimming pool in someone’s home, even if employees are ...

See how we rate products and services to help you make smart decisions with your money. A tax audit is an investigation into a taxpayer's finances, income, and taxation, conducted by the Internal ...

Several American administrations in the 20th century misused the Internal Revenue Service, the U.S. tax collection agency, to target opponents by ordering audits of their tax filings, historians say.

June 2023, Paper: "We estimate the returns to IRS audits of taxpayers across the income distribution. We find an additional $1 spent auditing taxpayers above the 90th income percentile yields more ...

found that the average audit fee increased to $3.01 million in 2023, up from $2.83 million in the previous cycle, reflecting a 6.41% rise based on a representative sample of public company filings.

You'll need it to report short- and long-term capital gains to the IRS When you sell or exchange capital assets like stocks, bonds, real estate, or artwork, you must report these transactions on ...