Contractors face a higher risk of IRS scrutiny. Organizing records, analyzing discrepancies, and professional representation are key to a favorable outcome.

When taxpayers submit their returns this year, they will hope they have faithfully fulfilled their civic duties and can rest on their laurels — at least until next spring. But for millions of ...

A view of the IRS headquarters. (Photo by Karen Bleier/AFP via Getty Images) The IRS’s primary tool for flagging tax returns for audit is a “first-wave” AI system that includes inputs from humans, ...

A view of the Internal Revenue Service building. (Chip Somodevilla / Getty Images) An IRS pilot program that uses artificial intelligence to select audit cases and identify noncompliance didn’t ...

The IRS announced it issued Publication 5125, Large Business & International Examination Process (LEP), which outlines a new examination process that will apply beginning May 1, 2016, to all taxpayer ...

If you have received an IRS Letter of Notification advising you that your return has been selected for audit, the most important thing to understand is this: the audit has already begun. The first ...

The Treasury Inspector General for Tax Administration (TIGTA) recently released two reports for its study of the IRS Small Business/Self-Employed (SB/SE) Division’s audits of partnerships and S ...