Defending yourself during an Internal Revenue Service audit can be a time-consuming, stressful affair — but audits aren’t too common. In fact, just 0.25% of all returns are typically audited by the ...

The Treasury Inspector General for Tax Administration (TIGTA) recently released two reports for its study of the IRS Small Business/Self-Employed (SB/SE) Division’s audits of partnerships and S ...

One of the reasons that the thought of a tax audit strikes fear into the hearts of many Americans is that the process seems so mysterious. When you send off your tax return every year, there’s no real ...

The Income Tax Department has announced a major relief for taxpayers by extending the deadline for filing tax audit reports for the financial year 2024–25. Initially set for September 30, the new due ...

The Internal Revenue Service doesn't collect data on taxpayers' race or ethnicity, but some of its methods could lead to disparities in its audit rate, according to a new report. The GAO report ...

The Central Board of Direct Taxes (CBDT) has once again provided major relief to taxpayers by extending the Income Tax Audit ...

WASHINGTON (AP) — The IRS failed to pursue mandatory audits of Donald Trump on a timely basis during his presidency, a congressional panel found on Tuesday, raising questions about statements by the ...