Millions of Americans have filed their income tax returns already, and tens of millions more will be doing so in the coming weeks. With the heavy lifting done, people can turn their attention to other ...
With the end of tax season, the fear of a tax audit can grow. Whatever the outcome, avoiding an IRS audit is crucial. But understanding your triggers can help you steer clear of unwanted scrutiny.
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What does the IRS look at to decide who to audit?
The Internal Revenue Service (IRS) has announced a more rigorous approach to audits in the upcoming tax season. This move ...
The Internal Revenue Service said it plans to sharply increase audit rates for big corporations, partnerships and multimillionaires over the next three years after a massive boost in funding by the ...
FinanceBuzz on MSN
7 tax mistakes many retirees make that could trigger an audit
Seniors are facing surprise IRS audits as algorithms shift and post-retirement finances change. Learn common triggers and how to safeguard your retirement.
Every year, over 100 million Americans file their taxes for their household or themselves. Most of them go all out to do it by April 15, but the IRS can provide up to six more months (upon request) to ...
Business.com on MSN
20 tips to avoid a tax audit of your small business return
IRS audits are stressful and costly. Learn best practices and tips that will reduce your chances of getting audited by the ...
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Avoid IRS audits if you do not make specific errors
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 ...
Sen. Joni Ernst (R-IA) is pushing for a regular audit of the Internal Revenue Service after a new inspector general report found that nearly 6,000 employees owe nearly $50 million in back taxes. The ...
Being in business for yourself can be exciting, lucrative, and a great way to draw the attention of the IRS's audit division.
Dawn Nici was formally the deputy editor for consumer finance at Forbes Advisor. Her more than 20 years of experience in financial and business reporting include coverage of the New York Stock ...
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Elon Musk's DOGE Begins IRS Audit. What to Know
At least one member of the Department of Government Efficiency (DOGE) visited the Internal Revenue Service (IRS) offices in Washington on Thursday as Elon Musk's cost-cutting group prepares to audit ...
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