The IRS has released an update on its strategic operating plan, which outlines "major accomplishments" in taxpayer service, technology and enforcement since its infusion of funding less than two years ...
In the wake of large IRS budget cuts and the significant loss of its workforce, is the agency turning into a paper tiger? Since President Trump began his second term in office, IRS funding has ...
It's Tax Day, and all income groups have seen their chances of getting audited decline in recent years, but the highest earners have seen the largest declines. CNBC's Robert Frank joins 'Squawk Box' ...
WASHINGTON — The IRS said Thursday that it has taken steps to address a wide disparity in audit rates between Black taxpayers and others filers, and is more closely examining the returns of larger ...
Yippy Kai Yai Yay! (That’s cowboy for hooray! One of my dad’s favorite sayings.) Taxpayers across the fruited plains are celebrating this fantastic news. Turns out that Congress reduced the IRS budget ...
A new report out Friday reflects IRS audit activity and other operations at the start of the second Trump presidency The IRS looks a lot different now. What's that mean for audits? The Trump ...
As examination activity slows, tax practitioners are reporting a marked increase in aggressive collection actions - including bank levies and passport restrictions for those with significant tax debt.
No one likes to get audited by the IRS. While there are many myths and assumptions about what can lead up to an IRS audit, most people will not experience one. According to the IRS, it conducts audits ...