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

There are few things that strike more fear into the heart of the average taxpayer than the words "IRS audit." The thought of facing down an IRS auditor and having to explain your entire financial life ...

Each year on April 15, the Internal Revenue Service expects Americans to file their annual tax returns, and in doing so, Americans expect U.S. tax policy to be administered fairly across demographic ...

Forbes contributors publish independent expert analyses and insights. Nathan Goldman is a tax prof. at NC State Univ. This voice experience is generated by AI. Learn more. This voice experience is ...

WASHINGTON (AP) — The IRS failed to pursue mandatory audits of Donald Trump on a timely basis during his presidency, a congressional panel found on Tuesday, raising questions about statements by the ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Concept image for filing federal income taxes online and being ...

The Internal Revenue Service doesn't collect data on taxpayers' race or ethnicity, but some of its methods could lead to disparities in its audit rate, according to a new report. The GAO report ...

If the Internal Revenue Service decides to audit your small business, you may imagine your worst fears coming true. However, those fears may not be justified. You need to know what kinds of ...

In 2022, the IRS audited 3.8 out of every 1,000 income returns, a rate of 0.38%. Audit rates have dropped for all income brackets between 2010 and 2019. Funding for the agency declined by more than 20 ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. For many taxpayers, the possibility of an IRS audit can be intimidating ...