Audits can be a stressful prospect for a lot of folks, but you shouldn't let yourself get too worked up about them.

Everyone dreads the idea of a tax audit. And luckily, almost no one gets one. Only 0.2% of taxpayers who made less than $1 ...

Every year, taxpayers are required to file their tax returns with the Internal Revenue Service (IRS). Whether you’re an employee or self-employed, it’s crucial to fill out the necessary forms ...

It's never fun to get this type of letter from the IRS, but there are steps you can take to resolve the situation.

The IRS pays attention to certain tax return claims that are open to fraud more than others. You can find out how to avoid ...

These are the most common mistakes that can lead to an IRS audit, according to a tax lawyer. Here's how to avoid them.

The U.S. tax code does not allow taxpayers to deduct penalties assessed by the Internal Revenue Service. However, they may ...

Understanding what not to do is crucial to avoid an audit. Below, I’ll share several actions LLC business owners make that ...

Those who are audited tend to make specific ... such as W-2 and 1099 forms — directly to the IRS. If your tax return doesn't match what the IRS receives, it could raise alarm bells, Daniel ...

If your tax return doesn't match what the IRS receives ... Claiming unusually high deductions can trigger an IRS audit, according to Geltrude. Common deductions include donations to charity ...