Disclosure is a type of extra explanation. You are required to disclose enough detail to tell the IRS what you are doing. But ...

“Audit rates for the average taxpayer have remained relatively low for years and will likely continue at similar levels in ...

A tax attorney shared 4 of the most common IRS audit triggers he's seen. Keeping extensive records can go a long way in preventing tax mistakes, he said. Taxes are already complicated, and filing ...

After the April 15 tax filing deadline, the IRS intensifies its scrutiny on taxpayers who may have committed tax fraud or significant errors in their returns. The focus is on detecting false ...

"There's no one single thing that automatically triggers an audit but mismatched documentation is the most common reason why you'll get a letter from the IRS," Jo Willetts, director of tax ...

Keep reading to discover nine red flags that can trigger a tax audit and what you can do to avoid problems with the IRS. You’re not the only one who receives W-2 forms and 1099s reporting your ...

Whatever the outcome, avoiding an IRS audit is crucial. But understanding your triggers can help you steer clear of unwanted scrutiny. From excessive deductions to offshore assets, there are ...

Another trigger for an audit is if the information on your return is connected to someone else’s, such as a business partner or investor, who is being audited. Who gets audited by the IRS the most?

For many taxpayers, the possibility of an IRS audit can be intimidating. While most taxpayers will never face an audit, it's essential to understand what triggers them, how the process works ...

Opinion: Plante Moran's Jennifer Keegan and Ginger Powell analyze the IRS's auditing approach to the R&D tax credit and ways ...