There are as many possible issues as there are taxpayers, though, and if you think you might need to file an amended return ...
Forged in the fires of Congress, the House created and passed the framework for President Donald Trump’s “One Big, Beautiful ...
Dealing with the IRS can feel like an overwhelming challenge, especially when faced with audits, unfiled tax returns, or ...
"The length varies depending on the type of audit; the complexity of the issues; the availability of information requested; the availability of both parties for scheduling meetings; and your agreement ...
The Trump administration is cutting hundreds of thousands of federal jobs to save money. At one federal agency, the cuts may actually cost money.
Filing your taxes wrong can lead to an IRS audit, penalties, and other complications. A tax attorney shared 4 of the most common IRS audit triggers he's seen. Keeping extensive records can go a ...
As Donald Trump and Elon Musk take a chainsaw to the federal bureaucracy, the cuts at the IRS may be especially good news for ...
Now, more layoffs could be on the horizon, as Elon Musk ’s Department of Government Efficiency (DOGE) plans to cut as much as ...
In July 2024, she introduced the "Audit the IRS Act" to prohibit individuals with seriously delinquent tax debts from serving as IRS officers or employees. In February, DOGE's Elon Musk posted a ...
Understanding the scope of the audit will help you respond appropriately and avoid unnecessary panic. Speak to a tax expert about your options now. Once you know what the IRS is asking for ...
Wording used, forms used, etc., can make a difference. If you still get audited by the IRS, your best action is to hire an experienced tax professional who knows how to navigate the audit process.
Proposed staffing cuts affect the agency’s compliance and enforcement abilities, including complex audits of wealthy ...