Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone. This is the second part of my two-part Q&A with a tax-law expert, ...

The Trump administration’s rapid shrinking of the Internal Revenue Service is ending some large audits and putting others in ...

A recent report from the Treasury Inspector General for Tax Administration (TIGTA) found that the Internal Revenue Service increased audits of high-income taxpayers during fiscal year 2024, in line ...

Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone. With the filing deadline for tax returns less than a month way, taxes ...

For many taxpayers, the possibility of an IRS audit can be intimidating. While most taxpayers will never face an audit, it's essential to understand what triggers them, how the process works, and what ...

Filing your taxes wrong can lead to an IRS audit, penalties, and other complications. A tax attorney shared 4 of the most common IRS audit triggers he's seen. Keeping extensive records can go a long ...