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 ...

A mismatch sends up a red flag and causes the IRS computers to spit out a bill that the IRS will mail to you (these letters ...

Being in business for yourself can be exciting, lucrative, and a great way to draw the attention of the IRS's audit division. The IRS has audited significantly less than 1% of all individual returns ...

A stock photo of a Red Audit stamp on a 1040 US individual income tax return. Photographed at 50mp with the Canon EOS 5DSR and the 100mm 2.8 L lens. The IRS wants you to “disclose” if you do not have ...

While IRS tax audits are rare, some filers worry their returns could be picked for examination. You can avoid future issues by keeping receipts and other records to support your claims, experts say.

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Each year, more than one hundred million Americans file their tax returns. While this process is routine, it is filled with pitfalls. Most taxpayers intend to comply with their obligations, but ...

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 ...

Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone. Now that the 2025 tax season has started, you may feel concerned that ...

Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone. With the filing deadline for tax returns less than a month way, taxes ...