Audits are the Internal Revenue Service’s tool for spotting red flags in people’s tax returns. But with massive cuts to the agency’s workforce, the question now is whether the tax collector is waving ...

The longest government shutdown in U.S. history is now over. The backlog of work, however, remains. As the IRS scrambles to ...

Because of the increased IRS scrutiny of ERC claims, timing challenges associated with responding to the IRS, and the possibility that the taxpayer will have to file suit in federal court to receive ...

The IRS lets you deduct real business costs, but it does not count your daily commute as one of them because driving to and from work is seen as a personal cost. If you use one car for both work and ...

New data from the Internal Revenue Service (IRS) shows the size of the average tax refund received by taxpayers is up from a year ago. IRS data for the 2024 tax filing season through the week that ...

Big changes are underway at the IRS, with major workforce reductions and budget changes reshaping how the agency operates. It’s time to adjust your tax strategy accordingly. It’s crucial to recognize ...

The IRS is on its seventh commissioner of the year, has lost one-quarter of its staff and is faced with implementing a raft of new regulations. Whether and how this turmoil could affect Americans ...

With massive IRS staff cuts, can rich households expect the agency to ease up on audits? Audits are the Internal Revenue Service's tool for spotting red flags in people's tax returns. But with massive ...