Taxpayers face the risk of an IRS investigation if they commit one of four common mistakes on their tax returns. This warning, issued on October 25, 2025, highlights the importance of accuracy in tax ...
Wondering the best time to file taxes to avoid audits? While there's no guarantee, these tips can help you minimize ...
Every filing season, the IRS rolls out practical guidance that could save taxpayers time, money, and stress, yet a surprising ...
Each year, more than one hundred million Americans file their tax returns. While this process is routine, it is filled with pitfalls. Most taxpayers intend to comply with their obligations, but ...
A mismatch sends up a red flag and causes the IRS computers to spit out a bill that the IRS will mail to you (these letters ...
For many taxpayers, the possibility of an IRS audit can be intimidating. While most taxpayers will never face an audit, it's essential to understand what triggers them, how the process works, and what ...
The prospect of an IRS audit can be daunting for many American taxpayers. Despite the common fear, the truth is that only a ...
While IRS tax audits are rare, some filers worry their returns could be picked for examination. You can avoid future issues by keeping receipts and other records to support your claims, experts say.
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 ...
The tax cuts enacted last month aren’t the only good news for high-income taxpayers. The risk of an in-depth audit by the Internal Revenue Service is likely to ease this year, reversing a two-year ...
Generally, it's advisable to keep individual tax returns for a minimum of three years. This is primarily due to the Internal Revenue Service (IRS) having three years from your filing date to audit ...