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The IRSs Global High Wealth unit, tasked with auditing the wealthiest Americans, has seen a 38% loss in staff this year, ...
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For many taxpayers, the possibility of an IRS audit can be intimidating. While most taxpayers will never face an audit, it's ...
Proposed staffing cuts affect the agency’s compliance and enforcement abilities, including complex audits of wealthy ...
Below are five common missteps that often catch crypto investors off guard — and how you can stay compliant. Neglecting ...
The Trump administration is cutting hundreds of thousands of federal jobs to save money. At one federal agency, the cuts may actually cost money.
Iowa, calls on the IRS to audit its employees and contractors, who collectively owe $46 million in back taxes, saying the ...
We all fear IRS audits. But what is the IRS process of choosing tax returns to audit? In this Q&A series, I asked a tax-law ...
Elon Musk's charity, the Musk Foundation, has failed to meet IRS mandates to stay as a non-profit for the third consecutive ...
It's a bit infuriating how the Trump 2024 campaign managed to sell itself as a viable option to increase jobs, boost the ...
As Donald Trump and Elon Musk take a chainsaw to the federal bureaucracy, the cuts at the IRS may be especially good news for ...
One of the biggest mistakes you can make is missing the tax filing deadline or, worse, not filing at all. The IRS imposes ...
Dealing with the IRS can feel like an overwhelming challenge, especially when faced with audits, unfiled tax returns, or ...
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