If the IRS notifies you of an audit, and you expected a tax return, you probably have a lot of questions. Will you ever get ...
Even simple mistakes can raise red flags with the IRS. Here's what deserves special attention so you can avoid triggering an audit on your 2026 tax return.
The IRS audits very few returns, but mismatched income, overstated deductions, and easy-to-spot errors can still trigger IRS notices, reviews, and costly follow-ups.
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 ...
Filing your taxes wrong can lead to an IRS audit, penalties, and other complications. A tax attorney shared 4 of the most common IRS audit triggers he's seen. Keeping extensive records can go a long ...
The suspension of audit and field operations following the issuance of Revenue Memorandum Circular (RMC) No. 1072025 on Nov. 24 marked a deliberate pause in the Bureau of Internal Revenue’s (BIR) ...
The Internal Revenue Service (IRS) announced new guidance on Friday aimed at dramatically reducing examination times for corporate taxpayers while making the audit process more collaborative and ...