Don't want fat penalties? Here's what triggers the IRS' attention and how to stay off its radar.

While audits are relatively rare, certain mistakes and inconsistencies can increase the likelihood of a review.

An IRS audit is carried out to confirm that the details reported on a tax return are accurate.

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 ...

Each year, millions of taxpayers in the United States find themselves under the watchful eye of the Internal Revenue Service (IRS). A seemingly minor error on your ...

Get ready to meet the IRS again, especially if you’re a high-income filer or a small business owner. In 2026, audits are making a comeback, and this time, the IRS is focusing on specific groups like ...

The IRS audits very few returns, but its computers can spot mismatched income, overstated deductions, and other errors, triggering IRS notices, reviews, and costly follow-ups. When people say they’ve ...

Do it yourself or outsource it? Rightly or wrongly, most people seem to fear the IRS, and an IRS audit can be daunting, even if it is entirely by correspondence. Most considerations are arguably the ...

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. It is only natural to be worried about being ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Concept image for filing federal income taxes online and being ...