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 IRS says it is about to ramp up audits as it cracks down on tax cheats and seeks to deliver more revenue into the U.S. Treasury's coffers. But not every group of taxpayers will face more scrutiny, ...

As of Dec. 18, the IRS was about 27% smaller compared to the start of 2025, with the workforce falling from more than 102,000 in January 2025 to about 74,000 in December. Despite staffing cuts, the ...

Remember Donald Trump's response in the 2016 presidential debate, when Hillary Clinton blasted him for paying virtually no ...

President Joe Biden promised that tens of billions of dollars for the IRS in the 2022 Inflation Reduction Act would not be used to increase audits of individuals making $400,000 or less annually. But ...

The Internal Revenue Service (“IRS”) audits 1% to 2% of small business income tax returns annually for one of two reasons: (1) something about the return (or information reported on the return) ...

Contractors in construction are among the most frequently audited industries by the IRS. Proper documentation and organized records are essential to reducing audit stress and time. Hiring an enrolled ...

The Internal Revenue Service has made little progress ensuring that Inflation Reduction Act funds are not being used to increase the audit rate for taxpayers with incomes below $400,000, according to ...

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For the first time, AI-generated fraud schemes dominate the IRS's annual warning list - and taxpayers with unresolved ...