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

The Internal Revenue Service (IRS) announced new guidance on Friday aimed at dramatically reducing examination times for corporate taxpayers while making the audit process more collaborative and ...

WASHINGTON, DC - AUGUST 18: The Internal Revenue Service (IRS) building on Thursday, Aug. 18, 2022 in Washington, DC. (Kent Nishimura / Los Angeles Times via Getty Images) The Senate has officially ...

The IRS also has collection powers that many people do not really grasp until they are already in a rough spot.  If the IRS ...

Tax audits are down. By a lot. Internal Revenue Service audit rates of individual taxpayers’ returns have dropped for all income levels from tax years 2010 to 2019, according to a new Government ...

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 ...

Several events may trigger an IRS audit, such as unusual activity or discrepancies on your tax return. While the IRS audit process can be daunting, understanding what triggers an audit can help you ...

This VITARA Reference Guide provides a solid understanding of audit as a key tool available to a tax administration to promote and enforce compliance. The guide explains international good practices ...

It’s hard to imagine that anyone wants a do-over with the IRS after they finally finish their taxes, but you shouldn’t live in fear of an audit even if you wouldn’t look forward to one. See: Pros and ...