With concerns over numerous improper claims, the IRS is urging applicants for the Employee Retention Credit (ERC) to review ...

The layoffs could affect the number of audits conducted by the IRS this year, with Reuters reporting that the layoffs will hit a range of roles including auditors across the country. Investopedia ...

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

As tax season unfolds in the United States, the IRS is actively processing returns and issuing refunds. However, taxpayers ...

New reports indicate that Elon Musk may hit the agency with a second round of mass layoffs, and that audits could be ...

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 ...

IRS layoffs in 2025 could mean tax delays, fewer audits, and compliance challenges. See how businesses will be affected.

“All of a sudden, these cases are going to be closed and we’re going to look like idiots,” said a senior revenue agent, who ...

As tax season unfolds in the United States, the IRS is actively processing returns and issuing refunds. However, taxpayers ...

The two things one can’t avoid in life are death and taxes, meaning crypto traders who say “they lost it all in a boat ...

They should also ensure additional caretakers like grandparents don’t try to claim a child on their return if they don’t meet the IRS requirements for doing so. Otherwise, an audit may be ...

Keith Srakocic/AP file Share The average taxpayer spends almost $160 filing their taxes, according to a 2024 IRS report. That’s about half a month of groceries for the average Illinois resident.