Tax audits

The Internal Revenue Service has been auditing fewer taxpayers since 2010, according to a new report, but audit rates have been plunging the most for higher-income taxpayers.

Advisors tend to avoid clients' tax issues when they involve the IRS. It's a missed opportunity to add value.

Audits of high-net-worth filers require more time and expertise, and the agency’s underfunding has led to a significant loss of personnel capable of performing those.

Americans who have put off their 2021 taxes have less than a week to file a return or an extension — and fill them out accurately to avoid trouble from the IRS.

Elizabeth Warren and Judy Chu want to know why those making less than $25,000 are audited more often than those making more than $200,000.

The IRS has the expertise to enforce President Joe Biden’s proposal to tax the unrealized gains of mega-millionaires and billionaires, Senator Elizabeth Warren contended in the face of criticism over the workability of a proposal she strongly supports.

The service has been auditing the poorest wage earners more than higher-earning taxpayers, according to an updated report.

Over three-quarters of the audits conducted by the Internal Revenue Service under its centralized partnership audit regime resulted in no change in taxes, according to a new report.

The service is outmatched in resources and expertise when it audits some of the largest companies in the country, the agency’s top official said.

The Internal Revenue Service has been increasing its tax audits of the lowest-income wage earners to keep its overall audit numbers from declining, according to a new report.

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Midsized businesses spend 163 hours per month on sales tax compliance, typically costing more than $17,000, according to a new survey.

The Internal Revenue Service’s Tax Exempt and Government Entities division is making plans for next fiscal year in hopes that Congress will provide more funding.

A new deal would up the thresholds of what triggers reporting to the IRS, according to a key House Democrat.

The amount of civil tax lawsuits filed by the Internal Revenue Service in federal court this year is only half the number of a decade ago, but has held steady since last year.

States disagree on many things, but one thing they agree on are the activities businesses engage in, or things they fail to do, in meeting their sales and use tax obligations that are most likely to lead to a sales and use tax audit.

More than 100,000 people who used to work or live in the state have received notices asking why they paid less to the state than they have in years past.

State tax authorities have sent more than 149,000 audit notices, including automatically computerized letters.

While tax residency rules vary from state to state, changing residency generally requires a concurrent determination of domicile.

Former Treasury officials say both parties should agree to increase money for the agency.