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tax audit

  • IRS Reveals Interest Rates for Underpayment of Taxes for Q2 2024
    IRS Reveals Interest Rates for Underpayment of Taxes for Q2 2024
    Interest rates for underpayment and overpayment of taxes for the second quarter of 2024 have been announced by the IRS.
    February 23, 2024BY Tom Ozimek
  • IRS Ramping Up Tax Audits Of Private Jet Use In Latest Enforcement Crackdown
    IRS Ramping Up Tax Audits Of Private Jet Use In Latest Enforcement Crackdown
    The IRS is increasing scrutiny of corporate aircraft use in a bid to ensure personal use of business ...
    February 21, 2024BY Tom Ozimek
  • 11 Ways to Avoid an IRS Audit
    11 Ways to Avoid an IRS Audit
    There's no 100 percent way to avoid an Internal Revenue Service (IRS) tax audit. That's because a small ...
    February 21, 2024BY Anne Johnson
  • IRS Chief Hints at Possibility Audits May Rise for Americans Earning Under $400,000
    IRS Chief Hints at Possibility Audits May Rise for Americans Earning Under $400,000
    The IRS chief said his 'marching orders' to staff are not to raise audits on Americans earning less ...
    October 28, 2023BY Tom Ozimek
  • IRS Hiring Another 3,700 Tax Enforcers, Watchdog Warns Those Earning Under $400,000 Could Be Targeted
    IRS Hiring Another 3,700 Tax Enforcers, Watchdog Warns Those Earning Under $400,000 Could Be Targeted
    IRS hiring 3,700+ tax enforcers to audit higher earners but a watchdog worries about audits for those under ...
    September 15, 2023BY Tom Ozimek
  • The IRS Has More Power Than You Think to Collect Taxes
    The IRS Has More Power Than You Think to Collect Taxes
    One U.S. agency that many people fear is the Internal Revenue Service (IRS). Of course, there is no ...
    June 5, 2023BY Mike Valles
  • Bankers ‘Shocked’ by Federal Budget Bill Clause That Allows 30-Year Retroactive GST Audit
    Bankers ‘Shocked’ by Federal Budget Bill Clause That Allows 30-Year Retroactive GST Audit
    A group of 60 Canadian banks has told a Senate committee they were shocked to learn the federal ...
    May 25, 2023BY Marnie Cathcart
  • IRS Announces a ‘Soft Notice’ Approach Instead of Hitting Americans With Tax Audits
    IRS Announces a ‘Soft Notice’ Approach Instead of Hitting Americans With Tax Audits
    The Internal Revenue Service (IRS) said in its recently released strategic plan that while it's planning to get ...
    April 8, 2023BY Tom Ozimek
  • Avoid a Tax Audit by Understanding the Triggers
    Avoid a Tax Audit by Understanding the Triggers
    Being audited by the Internal Revenue Service is a fear many people have every tax season. When that ...
    January 18, 2023BY Mike Valles
  • Watchdog Finds No Misconduct in Selection of Comey, McCabe for Tax Audits by IRS Under Trump Appointee
    Watchdog Finds No Misconduct in Selection of Comey, McCabe for Tax Audits by IRS Under Trump Appointee
    A government watchdog has found no misconduct in IRS tax audits of former FBI Director James Comey and ...
    December 2, 2022BY Tom Ozimek
  • Fearing a Tax Audit? 5 Things You Can Do to Prepare
    Fearing a Tax Audit? 5 Things You Can Do to Prepare
    Tax preparation can be difficult for business owners, who must constantly strive to strike a balance between claiming ...
    September 5, 2022BY Due
  • If the IRS Calls, Don’t Answer:  Don’t Get Hooked by Common Scams
    If the IRS Calls, Don’t Answer: Don’t Get Hooked by Common Scams
    Every year, various types of scams make their appearance. Scammers successfully steal millions of dollars annually through cleverly ...
    June 18, 2022BY Mike Valles
  • 9 Red Flags that Could Lead to a Tax Audit
    9 Red Flags that Could Lead to a Tax Audit
    The IRS chooses some taxpayers and audits their tax returns every year. And an audit is examining or reviewing ...
    May 9, 2022BY Due
TOP NEWS
  • Appeals Court Rejects Trump Bid to Use Immigration Database for Voter Checks
    NEW By Troy Myers
    Appeals Court Rejects Trump Bid to Use Immigration Database for Voter Checks
  • Federal Government Backs Supreme Court Challenge to AR-15 Bans
    1hr By Bill Pan
    Federal Government Backs Supreme Court Challenge to AR-15 Bans
  • NTD 8th International Piano Competition Winners Announced
    5hr By NTD Newsroom
    NTD 8th International Piano Competition Winners Announced
  • New PFAS Pesticides Are Entering Our Food System, Revealing a Conundrum
    6hr By Marina Zhang
    New PFAS Pesticides Are Entering Our Food System, Revealing a Conundrum
  • Kremlin Says Peace Talks Useful as US Envoys Leave Moscow for Kyiv
    6hr By Jacki Thrapp
    Kremlin Says Peace Talks Useful as US Envoys Leave Moscow for Kyiv
  • Labor Day Gas Prices Head for Record High
    7hr By Bill Pan
    Labor Day Gas Prices Head for Record High
  • Here’s What People Get Wrong About Modern Warfare | John Spencer
    11hr By Jan Jekielek, Epoch TV
    Here’s What People Get Wrong About Modern Warfare | John Spencer
  • State Department Says 75 Americans Remain Missing After Nepal-Tibet Flood
    11hr By Dorothy Li
    State Department Says 75 Americans Remain Missing After Nepal-Tibet Flood
  • US Forces Destroy 3 IRGC Oil Tankers After Iran Targets Navy Warships
    12hr By Jacki Thrapp
    US Forces Destroy 3 IRGC Oil Tankers After Iran Targets Navy Warships
  • Court Rules Pentagon Can Proceed With Firing Journalists
    13hr By Naveen Athrappully
    Court Rules Pentagon Can Proceed With Firing Journalists
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