A new report examines IRS audit activity at the start of the second Trump presidency ...

An audit is less dramatic than it appears in the movies – here's what to expect and how to help it go smoothly.

An already controversial settlement of President Donald Trump’s lawsuit over leaked tax files would permanently halt existing tax audits of Trump and several associates. The Jus ...

Getting an audit letter from the Internal Revenue Service (IRS) can cause concern for even the most organized taxpayer. If you've received one of these letters after filing your taxes, you might ...

A controversial settlement between the Trump administration and the Internal Revenue Service (IRS) is facing serious backlash ...

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 ...

The Internal Revenue Service (“IRS”) audits 1% to 2% of small business income tax returns annually for one of two reasons: (1) something about the return (or information reported on the return) ...

Most tax audits don't start because someone tried to cheat the system. Take it from me, I was audited three times by the IRS in my 20s. A good-faith error one year ...

Partnerships are an enigma under federal tax law. Although the partnership files an annual income tax return (i.e., Form 1065), the partners report their allocable share of the partnership’s tax items ...