Disclosure is a type of extra explanation. You are required to disclose enough detail to tell the IRS what you are doing. But ...

Billy Long, President Donald Trump’s nominee to serve as IRS Commissioner, answered questions about his involvement promoting ...

Discrepancies trigger automatic notices. Bank deposit analysis allows the IRS to review and compare your deposits to reported income. Unexplained deposits raise red flags. Lifestyle audits occur when ...

These symptoms can vary from mild to severe and may worsen during an asthma attack. Common asthma triggers include dust mites, pollen, pet hair, and mould. Physical exercise can also bring it on, ...

The IRS lost 11% of its staff through voluntary separations and terminations in the first three months of 2025, and the largest percentage of those who left were revenue agents who conduct audits, a ...

Glenn Youngkin. (Courtesy Republican Party of Virginia Beach) One of her first priorities was to push for a formal audit of the local committee’s finances, which she quickly learned had not been ...

With a few exceptions, IRS procedures require individual, case-by-case IRS audits of each organization, with ample opportunity for the entity to defend itself and multiple routes of appeal. There is ...

You can claim adults as dependents in certain cases, even if they’re not a relative, if they meet the IRS criteria. Here’s how to know if someone qualifies and what tax credits you could receive.