A stock photo of a Red Audit stamp on a 1040 US individual income tax return. Photographed at 50mp with the Canon EOS 5DSR and the 100mm 2.8 L lens. If you face a tax audit and can legitimately point ...

These red flags could increase your chances of the IRS selecting your return for audit.

The Internal Revenue Service (IRS) announced new guidance on Friday aimed at dramatically reducing examination times for corporate taxpayers while making the audit process more collaborative and ...

There's no denying that feeling of relief once you e-file or mail in your federal income tax return. Whether you're expecting a fat refund or wound up owing Uncle Sam some money instead, at least the ...

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, ...

IRS audits can be so nerve-wracking that, according to the tax agency, 62% of Americans avoid cheating Uncle Sam on their taxes just to steer clear of them. But what can happen if the IRS audits you?

As you bask in your retirement years, traveling, enjoying dinners with your friends, spending time with family, finding new ...