Karnataka Taxpayers Association requests extension of 15 Sep 2025 deadline for non-tax audit reports due to portal issues, delays, and compliance ...

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 ...

Although your chances of being audited are low — the IRS only audits about 0.5% of the tax returns filed each year — that still amounts to over 1 million Americans who get that unwanted notice from ...

The Biden administration has trumpeted its plans to crack down on rich tax evaders, funneling $46 billion to the IRS so it can ferret out money hidden by the ultra-wealthy. For now, though, the ...