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.
Even simple mistakes can raise red flags with the IRS. Here's what deserves special attention so you can avoid triggering an ...
If the idea of getting audited by the IRS fills you with dread, you aren’t alone. No business owner enjoys the thought of digging through years of receipts, bank statements and payroll documents and ...
I don’t know of anybody who likes getting any letters from the IRS, especially one that is either a focused audit inquiry or the beginning of a real audit. How do you reduce the risk of getting any of ...
Taxpayers face the risk of an IRS investigation if they commit one of four common mistakes on their tax returns. This warning, issued on October 25, 2025, highlights the importance of accuracy in tax ...
Every filing season, the IRS rolls out practical guidance that could save taxpayers time, money, and stress, yet a surprising ...
Retirees who think they can escape the IRS audit machine should think again.
For many taxpayers, the possibility of an IRS audit can be intimidating. While most taxpayers will never face an audit, it's essential to understand what triggers them, how the process works, and what ...
These red flags could increase your chances of the IRS selecting your return for audit.
While IRS tax audits are rare, some filers worry their returns could be picked for examination. You can avoid future issues by keeping receipts and other records to support your claims, experts say.
Question: I just received an audit notice from the Internal Revenue Service for my 2023 S corporation and individual income tax returns. I prepared the bookkeeping and tax returns myself. The IRS has ...