Understand the IRS audit timeline. Learn the difference between the 3-year, 6-year, and 10-year rules for how far back 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. If you face a tax audit and can legitimately point ...
Over 160 million IRS tax returns will be filed in 2026, and small tax filing mistakes can delay refunds or trigger an IRS audit. The 2026 tax season demands accuracy. Wrong Social Security numbers ...
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 ...
Get ready to meet the IRS again, especially if you’re a high-income filer or a small business owner.
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, ...
The IRS is working on plans to avoid increased audits on taxpayers making less than $400,000 — but certain areas can invite scrutiny, regardless of income. Some red flags could include unreported ...