The agency has “very sophisticated software” that compares information returns to what’s reported on your filing.

The IRS will begin accepting returns between Jan. 15 and 31. And even though tax changes could be coming as President Donald ...

Personal finance columnist Michelle Singletary kicks off the 2025 tax season by answering your questions on Monday, Feb. 3, ...

Fact checked by Vikki Velasquez Getting an audit letter from the Internal Revenue Service (IRS) can be stressful, but it ...

If the thought of an audit has ever given you chills, knowing the facts about them might help take the edge off. Thomas is a native of upstate New York and a graduate of the University at Albany.

For the 2024 tax year (taxes generally filed in early 2025), the EITC is worth up to $4,213 if you have only one qualifying ...

2024 (the "Announcements") in relation to the Mongolia tax audit. Unless otherwise specified, capitalised terms used herein shall have the same meanings as those defined in the Announcements.

The accountancy sector is witnessing a rise in inland revenue audit activity, as reported by a survey from Chartered ...

DCIT, the Bombay High Court examined the legality of reopening assessments under Section 148 of the Income Tax Act. Bennett ...

Be sure to find out where you land before filing. Also, there are several things you should know to avoid the dreaded tax audit. From the holiday season to tax season, it’s time to dust off ...