News

The IRS has lost nearly one-third of tax auditors amid DOGE cuts, according to a watchdog report. Here’s what to know.
A New York University School of Law professor on tax policy called the news a “lawless action by the President.” ...
Know your taxpayer's Bill of Rights, says Julie Jason, and remember that time is of the essence should you get a letter from ...
If you receive a letter from the IRS or are the subject of an examination or an audit, it helps to know the rules of the road. You'll find them in the Taxpayer Bill of Rights, published in IRS ...
OPA audits government operations, ensuring accountability and transparency in how our taxpayer dollars are spent. OPA conducts audits, evaluations, and investigations into various government ...
Payroll taxes withheld from paychecks belong to the government. If the employer uses the money for something else, the IRS is ...
Taxpayers who fail to file foreign information returns run the risk of an unlimited IRS audit period under section 6501(c)(8) ...
Key Takeaways - Are Your Chances of Getting Audited Lower in 2025? Some taxpayers may assume they’re less likely to be audited this year due to recent workforce reductions at the IRS. Under the Trump ...
Less than 1% of all returns filed between 2013 and 2021 had been audited as of the end of fiscal year 2023, according to IRS data. More specifically, only 0.44% of individual returns and 0.74% of ...
The incursion into the IRS’ typically apolitical stance threatens to further erode trust in federal institutions.
Otherwise, inaccuracies when filing could trigger an IRS audit. It also helps to work with a professional bookkeeper or accountant who can help you get organized and make sense of your tax ...
WASHINGTON (AP) — The height of tax season was the height of turmoil at the IRS. The agency shuffled ... of the President recently received an audit letter, from what I understand, his second ...