News

April 30 tax return deadline, it's worth remembering that the agency will, as usual, review many Canadians’ returns and ...
After tax season, receiving IRS letters can be stressful. Verify their accuracy, as many may be incorrect, and explore ...
Understanding what triggers an audit can help you steer clear, since not all audits happen by chance — certain situations ...
Payroll taxes withheld from paychecks belong to the government. If the employer uses the money for something else, the IRS is ...
Taxpayers who fail to file foreign information returns run the risk of an unlimited IRS audit period under section 6501(c)(8) ...
Less than 1% of all returns filed between 2013 and 2021 had been audited as of the end of fiscal year 2023, according to IRS ...
“Audit rates for the average taxpayer have remained relatively low for years and will likely continue at similar levels in ...
The incursion into the IRS’ typically apolitical stance threatens to further erode trust in federal institutions.