Navigating the complexities of tax filing can be daunting, especially with the looming possibility of an IRS audit.

President Trump began his second term with bold steps to rein in bloated federal bureaucracy and restore accountability ...

The Internal Revenue Service has launched a new initiative using artificial intelligence to detect and penalize tax evasion amongst 75 hedge funds, private equity groups, real estate investors, and ...

When filing your taxes, you don't want to make any mistakes, or you can trigger an audit from the IRS. These are the most ...

The Internal Revenue Service doesn't collect data on taxpayers' race or ethnicity, but some of its methods could lead to disparities in its audit rate, according to a new report. The GAO report ...

The Internal Revenue Service (IRS) announced new guidance on Friday aimed at dramatically reducing examination times for corporate taxpayers while making the audit process more collaborative and ...

Tax administration is still a big task for the federal government every year. The Internal Revenue Service (IRS) processed more than 266 million tax returns in fiscal year 2024. It collected $5.1 ...

The Internal Revenue Service (IRS) has commenced its annual tax season activities, diligently processing returns and issuing refunds. However, taxpayers should be aware that certain errors in their ...

Some people aren’t paying their taxes. According to the latest data from the Internal Revenue Service, the tax gap for the ...