The Internal Revenue Service has launched a new initiative using artificial intelligence to detect and penalize tax evasion amongst 75 hedge funds, private equity groups, real estate investors, and ...

Even simple mistakes can raise red flags with the IRS. Here's what deserves special attention so you can avoid triggering an ...

Wondering the best time to file taxes to avoid audits? While there's no guarantee, these tips can help you minimize discrepancies and reduce your chances.

Retirees who think they can escape the IRS audit machine should think again.

With the end of tax season, the fear of a tax audit can grow. Whatever the outcome, avoiding an IRS audit is crucial. But understanding your triggers can help you steer clear of unwanted scrutiny.

These red flags could increase your chances of the IRS selecting your return for audit.

The Internal Revenue Service detailed its plans Thursday to significantly ramp up audit rates of wealthy taxpayers and large corporations, using funds provided by the Democrat-backed Inflation ...