Most taxpayers will never be audited by the IRS, however, when you file your tax returns, there is a chance that you’ve made ...

Even simple mistakes can raise red flags with the IRS. Here's what deserves special attention so you can avoid triggering an ...

Wondering the best time to file taxes to avoid audits? While there's no guarantee, these tips can help you minimize discrepancies and reduce your chances.

Every filing season, the IRS rolls out practical guidance that could save taxpayers time, money, and stress, yet a surprising number of people still rush their returns and repeat the same avoidable ...

Retiring quietly doesn't always mean retiring stress-free, especially when it comes to taxes. Many seniors assume their IRS risk drops once they stop working, but new algorithm updates and financial ...

Audit rates dropped sharply -- down 46% -- between 2010 and 2018. The audit rate for individual tax returns went from 1.1% to just 0.6%, based on a Congressional Budget Office report. By 2022, the IRS ...

Question: I just received an audit notice from the Internal Revenue Service for my 2023 S corporation and individual income tax returns. I prepared the bookkeeping and tax returns myself. The IRS has ...

Brand new rules for tax breaks on overtime and tip income are bound to drive taxpayers bonkers when trying to file their 2025 federal income tax returns next year. Expect to face far more work and ...