The Biden administration has trumpeted its plans to crack down on rich tax evaders, funneling $46 billion to the IRS so it can ferret out money hidden by the ultra-wealthy. For now, though, the ...

The Internal Revenue Service’s preference for handling millionaires and billionaires with kid gloves has been known and documented for years. But there’s another side of the coin: Where does the IRS ...

Millions of Americans have filed their income tax returns already, and tens of millions more will be doing so in the coming weeks. With the heavy lifting done, people can turn their attention to other ...

TurboTax is one of the most trusted tax prep software available. It’s priced based on how much assistance you need and how ...

The underfunded Internal Revenue Service has been relying on ancient technology to generate paper audits that target tax benefits, such as the Earned Income Tax Credit, for lower-income households.

The IRS received $80 billion in funding as part of the Inflation Reduction Act of 2022. Expanded enforcement, including more audits, is one way the IRS plans to use ...

The IRS auditors assigned to former President Donald Trump's taxes grappled with a tactic that is used frequently by Trump's legal team — delay — according to a congressional report released Tuesday.

The Internal Revenue Service audited fewer taxpayers last year, according to a new report, although audits of millionaires ticked up slightly. The report, released Wednesday by Syracuse University's ...

Tax audits are down. By a lot. Internal Revenue Service audit rates of individual taxpayers’ returns have dropped for all income levels from tax years 2010 to 2019, according to a new Government ...