With the 2023 tax season underway, some taxpayers are more likely than others to face audits from the IRS after filing. Research out from Stanford University found Black taxpayers are 2.9 to 4.7 times ...

A tax audit is an examination of an individual or business tax return by the IRS to ensure the taxpayer has accurately reported income and paid the correct amount of taxes. Tax audits can be triggered ...

You may picture a tax audit like a scene in the movies: IRS agents in dark suits show up at your door and sift through boxes of papers. Instead, most tax audits are much less dramatic. They usually ...

Getting an audit letter from the Internal Revenue Service (IRS) can be stressful, but it doesn't automatically mean you're in legal trouble. "Don't panic," says tax attorney Alyssa Maloof Whatley. "A ...

You finally finished your tax return and just when it's finally off your mind, you get a letter from the Internal Revenue Service letting you know you're being audited. Not all audits result in you ...