Even simple mistakes can raise red flags with the IRS. Here's what deserves special attention so you can avoid triggering an ...

IRS software compares these tax forms to your return, and it can be "flagged for audit" when there's a mismatch, explained ...

Wondering the best time to file taxes to avoid audits? While there's no guarantee, these tips can help you minimize ...

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 ...

An audit occurs when the IRS chooses to review a taxpayer’s accounts and financial information to ensure they reported all required income and followed all tax laws. According to a 2023 report from ...

As an accountant and tax professional, you can glean a great deal of information from a company's Employer Identification Number. Almost everything tax and business expense-related can be tracked ...

The Alcohol and Tobacco Tax and Trade Bureau’s (TTB) Office of Field Operations is responsible for ensuring industry members comply with the Federal Alcohol Administration Act, the Internal Revenue ...

First, there were trackers on Taylor Swift and other celebrities' private jet usage. Now, the IRS is scrutinizing businesses' use of private aircraft, with the tax agency announcing that it will ramp ...

The window for “wait and see” is closing. Companies must have a clear AI adoption road map for finance and audit in 2026.