There are few things that strike more fear into the heart of the average taxpayer than the words "IRS audit." The thought of facing down an IRS auditor and having to explain your entire financial life ...

Financial experts reveal eight common tax mistakes that can increase your chances of triggering an IRS audit and explain how ...

Defending yourself during an Internal Revenue Service audit can be a time-consuming, stressful affair — but audits aren’t too common. In fact, just 0.25% of all returns are typically audited by the ...

Karla Dennis, EA, MST, is CFO/CEO of the award-winning tax accounting firm KDA Inc.—specializing in tax planning. Nobody likes an audit, right? Of course not. So why aren’t taxpayers doing everything ...

Millions of Americans have filed their income tax returns already, and tens of millions more will be doing so in the coming weeks. With the heavy lifting done, people can turn their attention to other ...

If the audit does not go your way, a tax lawyer can help with an appeal of the assessment of additional tax, penalties and interest. To schedule a 10-minute call with an experienced tax attorney to ...

Each year on April 15, the Internal Revenue Service expects Americans to file their annual tax returns, and in doing so, Americans expect U.S. tax policy to be administered fairly across demographic ...

This study uses a preregistered laboratory experiment with 333 participants to investigate the effect of tax audits on post-audit tax compliance. An important feature of our experimental design is the ...

There are few words in the English language more likely to produce an involuntary wince than “audit.” That’s because having the IRS into every little detail of your tax return can mean having to ...

Forbes contributors publish independent expert analyses and insights. Shehan Chandrasekera is the leading expert on cryptocurrency taxes. The IRS is actively engaged in addressing non-compliance ...