Despite staffing cuts, the IRS is still looking for scofflaws. Red flags may include failing to report Bitcoin gains and ...
It's never fun to get this type of letter from the IRS, but there are steps you can take to resolve the situation.
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In March 2025, a rumor spread online that most of the Internal Revenue Service (IRS) agents that U.S. President Donald ...
The IRS is always on the lookout for tax returns that just don't make sense. Making these five errors can increase the chances that your return will be audited.
These are the most common mistakes that can lead to an IRS audit, according to a tax lawyer. Here's how to avoid them.
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MiBolsilloColombia on MSNThe fear of an IRS audit is real, for what reasons do they choose you?While the fear of an IRS audit looms large for many Americans, the reality is that only a small fraction of taxpayers will ...
At least one member of Elon Musk's Department of Government Efficiency (DOGE) team visited the IRS offices in Washington D.C., on Thursday.
“All of a sudden, these cases are going to be closed and we’re going to look like idiots,” said a senior revenue agent, who ...
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Hosted on MSNWhat does the IRS look at to decide who to audit?The IRS is ramping up its audit efforts this tax season to ensure compliance and detect inconsistencies. Understanding the ...
Everyone dreads the idea of a tax audit. And luckily, almost no one gets one. Only 0.2% of taxpayers who made less than $1 ...
The Trump administration claims gutting federal agencies will save money, but cutting the IRS means the government collects ...
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