Don't want fat penalties? Here's what triggers the IRS' attention and how to stay off its radar.

Audits can be triggered randomly, by suspicious activity, or due to discrepancies found in tax returns.

While audits are relatively rare, certain mistakes and inconsistencies can increase the likelihood of a review.

An IRS audit is carried out to confirm that the details reported on a tax return are accurate.

Do it yourself or outsource it? Rightly or wrongly, most people seem to fear the IRS, and an IRS audit can be daunting, even if it is entirely by correspondence. Most considerations are arguably the ...

Get ready to meet the IRS again, especially if you’re a high-income filer or a small business owner. In 2026, audits are making a comeback, and this time, the IRS is focusing on specific groups like ...

The IRS audits very few returns, but its computers can spot mismatched income, overstated deductions, and other errors, triggering IRS notices, reviews, and costly follow-ups. When people say they’ve ...

Each year, millions of taxpayers in the United States find themselves under the watchful eye of the Internal Revenue Service (IRS). A seemingly minor error on your ...

Tax administration is still a big task for the federal government every year. The Internal Revenue Service (IRS) processed more than 266 million tax returns in fiscal year 2024. It collected $5.1 ...

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