With new IRS funding fueling tougher audits and collections, Dallas-based tax lawyer Andrew Margolies is helping individuals ...

According to the firm’s internal performance data, small business clients save an average of 25 hours during tax season by ...

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 ...

IRVINE, CA / ACCESS Newswire / August 4, 2025 / The IRS is ramping up its scrutiny of “cash-only” businesses in 2025, renewing enforcement efforts aimed at industries known for limited electronic ...

Everyone dreads the idea of a tax audit. And luckily, almost no one gets one. Only 0.2% of taxpayers who made less than $1 million in 2021 were served an audit notice from the Internal Revenue Service ...

In May, the U.S. Treasury Inspector General for Tax Administration (TIGTA) released a report examining the details of the reduction in workforce that the IRS has been experiencing since the dismissal ...

The IRS audited less than 1 percent, or nearly 1.4 million, of the nearly 192 million tax returns filed in 2014. That included business and personal returns and audits conducted either by letter or in ...

The IRS has launched the Small Business/Self-Employed (SB/SE) Exam Reengineering Project to improve the audit process for small-business owners and self-employed individuals by reducing audit times, ...

WASHINGTON (Reuters) - The U.S. Internal Revenue Service's watchdog criticized the agency for doing a high number of small business, "S-corporation" audits without finding additional taxes owed.