IRS audits don't happen at random. Certain transactions draw more scrutiny than others, and one type in particular consistently raises red flags.

Some tax write-offs slip under the radar, but others can attract unwanted attention. One category in particular draws more ...

When it comes to tax compliance, the Internal Revenue Service (IRS) is vigilant in ensuring that all income is accurately ...

Audit rates dropped sharply -- down 46% -- between 2010 and 2018. The audit rate for individual tax returns went from 1.1% to just 0.6%, based on a Congressional Budget Office report. By 2022, the IRS ...

The IRS understands that filing your taxes is like pulling teeth -- but that doesn't excuse sloppy filing or intentional ...

The prospect of an IRS audit can be daunting for many American taxpayers. Despite the common fear, the truth is that only a small percentage of taxpayers are actually audited each year. However, ...

High-ranking Internal Revenue Service (IRS) officer Niki Wilkinson was terminated after the Daily Caller reported on her public LinkedIn posts bashing the Trump administration and Republicans, sources ...

The IRS is supposed to focus on audits of corporations and high-income and wealthy taxpayers. But who’s really under the agency’s microscope? Some answers can be found in a new report shedding light ...

The U.S. Internal Revenue Service said it audited 12.48 percent of individual tax returns with income exceeding $1 million during fiscal 2011, a high reached at a time of debate over the taxation of ...