Financial experts reveal eight common tax mistakes that can increase your chances of triggering an IRS audit and explain how ...

Getting an audit letter from the Internal Revenue Service (IRS) can be stressful, but it doesn't automatically mean you're in legal trouble. "Don't panic," says tax attorney Alyssa Maloof Whatley. "A ...

The IRS is underway with conducting audits of 35 §501(c)(3) hospitals, which it announced in June 2024, with a particular focus on “community benefit.” Targeted hospitals appear to be those who ...

The IRS has issued new guidance to its Large Business and International Division (LB&I) in an attempt to expedite audits. The interim guidance, released on July 23, 2025, outlines procedural changes ...

The Treasury Inspector General for Tax Administration, or TIGTA, last week reported the IRS has made "limited progress" in developing the methodology for its audit coverage calculation to comply with ...

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

A colleague recently was audited by the IRS. Do you have any tips for preventing an audit on my tax return? The word “audit” strikes fear in the hearts of most people. Audits are a common concern for ...

WASHINGTON (AP) — An IRS policy governing the audits of tax returns filed by U.S. presidents is under new scrutiny after a report published by a congressional panel found the agency failed to perform ...

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The taxman cometh for everyone. Even the state. For the first time in memory — perhaps ever — the Internal Revenue Service audited Maryland government. And it turns out Maryland taxpayers owe Uncle ...