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 ...

Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone. This is the second part of my two-part Q&A with a tax-law expert, ...

The IRS announced it issued Publication 5125, Large Business & International Examination Process (LEP), which outlines a new examination process that will apply beginning May 1, 2016, to all taxpayer ...

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 ...

What do you need to know about the IRS updated Streamlined Filing Compliance Procedures or "Streamlined Procedures?" Are you concerned about unreported or under-reported offshore income or assets? Are ...

Following a setback in a federal court case earlier this year, the Internal Revenue Service is releasing proposed regulations that would change the procedure it follows when pursuing inquiries into ...

WASHINGTON – The Internal Revenue Service (IRS) plans to ratchet up its audits for wealthier Americans and major corporations while at the same time tweaking a procedure that has led to a ...

The Internal Revenue Service has been hiring different kinds of workers in its Office of Tax-Exempt Bonds, and bringing on more of them, resulting in more newly started cases, more people on calls to ...

IRS Commissioner Danny Werfel on Monday announced an end to unannounced home visits by IRS revenue officers, except in a few cases. The change is effective immediately. The IRS issued a warning for ...

The Internal Revenue Service is ramping up its scrutiny of large partnerships, leveraging increased funding under the Inflation Reduction Act of 2022. Processing Content Last year, the IRS announced a ...