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.
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IRS audits are back: what triggers scrutiny in 2026
Get ready to meet the IRS again, especially if you’re a high-income filer or a small business owner.
The Internal Revenue Service showed no political bias when it decided last year to audit dozens of charities to see whether they had illegally participated in political campaigns, according to a ...
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The IRS Is More Likely To Consider You For An Audit If You Deal In This Transaction Type
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 ...
A recent report from the Treasury Inspector General for Tax Administration (TIGTA) found that the Internal Revenue Service increased audits of high-income taxpayers during fiscal year 2024, in line ...
Audits are the Internal Revenue Service’s tool for spotting red flags in people’s tax returns. But with massive cuts to the agency’s workforce, the question now is whether the tax collector is waving ...
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Common Reasons Why the IRS Conducts Audits
With the tax filing season officially closed—including the October 15 extensions—the Internal Revenue Service (IRS) is preparing to resume its audits after the prolonged government shutdown during the ...
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 ...
(NEXSTAR) – Ever get that sinking feeling when you see an unexpected letter from the Internal Revenue Service (IRS)? It can be hard not to, even if you have no reason to fear an audit. To have peace ...
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