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

Some people aren’t paying their taxes. According to the latest data from the Internal Revenue Service, the tax gap for the ...

WASHINGTON -- The Internal Revenue Service has been auditing more high-income taxpayers but may not be effectively going after one of the biggest problems -- wealthy people who evade taxes by ...

IRS audits aren’t new and recent news is no exception. Due to an influx of funding from the Inflation Reduction Act (IRA), the federal tax agency has been cracking down on high-income and wealthy ...

IRS audits can be so nerve-wracking that, according to the tax agency, 62% of Americans avoid cheating Uncle Sam on their taxes just to steer clear of them. But what can happen if the IRS audits you?

As millions of taxpayers file returns, many worry that certain claims could boost their chances of being picked for an IRS audit. Still, some areas can be "low-hanging fruit for the IRS," said Mark ...

In May, the U.S. Treasury Inspector General for Tax Administration (TIGTA) released a report examining the details of the reduction in workforce that the IRS has been experiencing since the dismissal ...

As millions of taxpayers file returns, many worry that certain claims could boost their chances of being picked for an IRS audit. Stream NBC 5 for free, 24/7, wherever you are. Regardless of your ...