Tax audits

With states hungry for revenue, these risk factors may draw unwanted attention to your clients.

Auditors and people; whistleblowers’ comfort; Wayfair developments; and other highlights from our favorite tax bloggers.

U.S. corporations are contributing the smallest share of federal tax revenue in a generation.

The chances of an IRS audit for people making at least $10 million a year plunged during the government’s last fiscal year, according to data released on Monday.

The Internal Revenue Service’s audit rate went down again in 2018, according to data released Monday by the IRS.

About $18.4 billion in bad payments were made on the refundable credit in 2018.

Congress is considering new changes to the tax service.

Treasury Secretary Steven Mnuchin again refused to release the president's tax returns to House Democrats, arguing that the Democrats’ stated legislative purpose hides their real intent.

The agency managed to open filing season on time despite the recent government shutdown and saw a big opening day.

Lawmakers are complaining about the agency’s disproportionate number of audits of low-income taxpayers who claim the Earned Income Tax Credit.

They’re rare, but terrifying, so it’s worth bearing these points in mind during a tax exam.

Even if House Democrats get their hands on Donald Trump’s tax returns, many of their biggest questions about the president’s finances will probably go unanswered.

Prosecutors recorded a phone call in which William Singer said his charity was being audited and the parents should tell the IRS their contributions were for needy children.

The Internal Revenue Service needs to do a better job of managing its employees in the wake of budget cuts that have forced the IRS to severely reduce tax audits, or else it could be putting its mission at risk, according to a new report from the Government Accountability Office.

These red flags always draw the IRS’s attention.

Failure to establish nexus may undermine a bid for research and development tax credits.

Repeat tax debtors and their tax pros should use tax season to clear up past balances.

The agency is subjecting a relatively small percentage of wealthy taxpayers to tax audits, and less than half of the biggest corporations in the U.S.

A congressional committee heard testimony about forcing the release of the president's tax filings.

IRS data provides all the information needed to figure out the answer.